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Leadership & Strategy

How to Get the Most Out of Your COO

When David R. Lumley, one of two co-chief operating officers at Spectrum Brands, was promoted to CEO in 2010, the maker of Cutter Insect Repellent, Rayovac batteries and other consumer products eliminated the COO position. Now, the Madison, Wisconsin-based company is considering reviving the job.

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New GM CEO Barra Is More Than a Symbol

The real reason Mary Barra was just named the next CEO of General Motors is reflected in another Motor City news development this week: GM vehicles scored three of the six finalist spots that were announced in the prestigious North American Car and Truck-Utility of the Year awards given at the Detroit auto show next month.

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Higher Turnover and Increased Activist Intervention Complicate CEOs’ Lives

U.S. companies are switching CEOs at the fastest pace in five years as corporations such as Microsoft, Wal-Mart and GM deal with growth challenges, shifting customer tastes, competition from upstarts, and restive shareholders. Through the third quarter of 2013, 43 companies in the Standard & Poor’s 500 Index were working under new CEOs, according to executive recruiter Spencer Stuart. The year will likely exceed the 49 turnovers in 2011, the biggest for turnover since 2008.

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Leaders Hold Key to Employee Performance, Not Ranking Systems

Stack ranking, a 30+-year-old, controversial HR practice, blazed into the headlines recently with Yahoo’s announcement of implementing a form of stack ranking in its quarterly performance review process. Meanwhile, Microsoft, which has been widely criticized by the public and its own employees for using stack ranking, saw the light, with its plan to eliminate its rank and yank system. All of which suggests that it’s a good time to review stack ranking.

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Should CEOs Fight Back Against Bad Press?

To fight or not to fight? Tesla Founder and CEO Elon Musk has hammered away at the media’s treatment of his electric-vehicle startup. This brilliant serial entrepreneur is not alone; many CEOs face the issue of bad press. Is this sort of resistance productive for CEOs and the companies they’re trying to protect?

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Party Like it’s 2007

Corporate belts are loosening, according to Crain’s New York Business. 96 percent of companies nationwide are planning to have holiday parties. But is everyone popping champagne corks?

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