As more corporate CEOs investigate whether changing the company’s headquarters from the United States will reduce burdensome taxes, the situation involving the latest company in the news chain—Walgreen—could be instructive for other CEOs.
Word has been spreading in the last few months that offshoring may no longer be the best option and that the United States is increasingly becoming more competitive for everything from manufacturing to IT to customer service. How should a CEO decide whether offshoring or onshoring is best for his or her firm?
In his new e-book, Re-Think: A Path to the Future, former IBM CEO Sam Palmisano predicts that traditional multinational firms will cease to exist and will eventually be replaced by globally integrated enterprises. These GIEs will locate departments not only in different states but even in different countries, wherever the most appropriate talent resides.
From Citibank to the Miami Heat, companies are mobilizing their expertise and capabilities as a response to Typhoon Haiyan. Corporate pledges have so far been announced that exceed $30.1 million. The need is acute: thousands have died and some 660,000 have been forced from their homes. According to the Philippine government, more than 2 million people, including 300,000 pregnant woman and new mothers, need food aid. Here is where to report any aid your company is providing, and a summary of what U.S. companies have committed to doing thus far.