C.J. Prince

C.J. Prince
68 POSTS 0 COMMENTS
C.J. Prince is a regular contributor to Chief Executive and other business publications.

Self-Insurance Is Not Just For Big-Caps

Zane Tankel, CEO OF Apple-Metro, the New York City area franchisee for Applebee’s, thought self-insuring would be cost prohibitive, until insurance companies began hiking premiums, and Tankel decided it was time for Plan B.

Smart CEOs Aren’t Waiting For Washington To Fix The HealthCare Crisis

When the U.S. Senate rejected a bill that would have repealed parts of the Affordable Care Act and subsequent reform efforts tanked, it became clear that the nation’s healthcare system won’t see meaningful reform this year—or next.

7 Steps to a Successful Apprenticeship Program

Three companies partnered with the Manufacturing Institute on an “Employer’s Playbook for Building an Apprenticeship Program.” An excerpt follows.

Does Diversity in the Boardroom Matter?

While driving gender and ethnic diversity among directorship roles has lagged across corporate America as a whole, a growing body of research suggests boosting diversity in your boardroom is worth considering.

PENN MUTUAL: Diversity-Driven Success

It would be easy to look at Penn Mutual’s board, 42% of which is now held by women and minorities, and credit Eileen McDonnell, the first female CEO in the company’s 170-year history. But McDonnell is quick to point to her predecessor, Robert Chappell, who chose her as his successor. “Bob always sought out the best talent to fill roles at headquarters, so our leadership today is over 40% female,” she says, noting that two of Penn Mutual’s subsidiaries are run by women and that when Chappell left in 2011, women already accounted for four of 11 board seats. “He had been, throughout his career, gender-neutral and color-blind. He’s just always sought to surround himself with the best talent for the time.”
“I view that I become better and stronger as an executive and as a board member by surrounding myself with very talented people, in some cases more talented than myself, and learning from them.”
McDonnell says that for each of Penn Mutual’s recent successes—the company just reported the best sales and earning numbers in its history—she can point to ways each member of her diverse board contributed, typically by agitating for some change or focus that otherwise might have been neglected. “There is a direct link to our directors who, because of their discipline and experience and thought process, come at each opportunity and challenge differently,” she says. As a private company, Penn Mutual isn’t under the same scrutiny and pressure to diversify the board as it might be if it were public. But in McDonnell’s view, it shouldn’t be done out of a sense of obligation or to appease critics, but rather because having divergent views around the boardroom table is the best path to success. “I view that I become better and stronger as an executive and as a board member by surrounding myself with very talented people, in some cases more talented than myself, and learning from them,” she says, adding that CEOs who are reluctant to surround themselves with people who think differently, and who may challenge them, are at a competitive disadvantage. “Because the reality is we all have our blind spots and if we don’t have people like that around us, we may miss something.” Read more: Does Diversity in the Boardroom Matter?

Employee Health: Why Wellness Works

Empowering your employees to improve their health can improve your bottom line.

5 Ways to Give your Employees a Healthy Start

Here are 5 ways to begin putting your employees on a path to wellness without breaking the bank.

5 Lessons in Corporate Citizenship for CEOs

In January, winners of the first annual Chief Executive Corporate Citizenship Awards gathered to share insights gleaned from leading initiatives that do good—for both society and business.

Executive Health: 3 Killers and How to Thwart Them

Early detection and specialized care are the key to fighting off three lethal health conditions.
- Advertisement -

CEO1000

CEO1000 Tracker

From the schools they went to to the types of companies they run, CEO1000 is tracking the trends among the CEOs of the 1,000 largest U.S. companies.

CEO CONFIDENCE INDEX

CEO Confidence Remains Solid In March, But Trails 2018 Levels

Chief Executive’s most recent reading of CEO confidence in current business conditions remains flat month-over-month, at 7.3 out of 10, while confidence in future conditions decreased slightly to 6.7/10, from 6.8 in February.
- Advertisement -

BEST & WORST STATES FOR BUSINESS

Best and Worst States For Business

Are you looking to relocate or expand? Evaluate each state's strengths with Chief Executive's 2018 Best & Worst States for Business.

CEO OF THE YEAR

CEO of the Year

Once a year, we celebrate the achievements of a CEO, honored for his or her success in and dedication to business, shareholders and customers.

SUBSCRIBE TO CHIEF EXECUTIVE

Sign Up to Receive Chief Executive’s Magazine and e-Newsletters

Chief Executive’s publications are designed to help CEOs do their jobs better and run their businesses more effectively. Subscribe here.