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Talent Management

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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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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CEOs: Don’t Prepare the Pink Slips Just Yet

Conventional wisdom and common sense suggest that the greatest ongoing expense for most companies is labor. Keeping labor costs in line will maintain or even boost profitability, so that management fable goes. But more and more companies are concentrating an increasing portion of spend on third-party suppliers this “virtualizing” their operation rather than struggling with internal labor and physical overhead. This forces leaders to re-think what it means to be a “company.”

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