Of all the responsibilities you might typically associate with being a CEO, planning an executive retreat isn’t one they teach you about in business school. However, a recent survey of CEOs conducted as part of Chief Executive’s February CEO Confidence Index research clearly shows that many of today’s CEOs consider their role in arranging retreats an important task—something they consider well worth their time and energy.
Fred Smith founded FedEx in 1971 with borrowed money and has grown it into a $42 billion company, so it's safe to say he knows more than a little bit about management. Here are five lessons that CEOs can learn from Smith's experiences. The first: don't hide failures, use them to improve.
CEOs who thoughtfully and methodically approach their staff with specific questions about their company, leadership and strategy can cultivate not only valuable feedback, but build a culture of give and take that may boost productivity and make a good leader into an even better one. Here are some examples of how CEOs have used feedback to strengthen their organization.
Every CEO should be developing a strategy to inculcate innovation in the fabric of their company so that they have a sustainable unique value proposition which gives them a competitive advantage by creating an emotional bond with their customers.
It’s a tough challenge to successfully manage change while maintaining day-to-day operations, yet in today's fast-paced global business environment change is inevitable. Here are 3 keys to lasting success.
The guy who told us to “Think Different,” who strived for perfectionism, scrutinizing his products along with everyone around him, never really turned the lens inward on himself because he didn’t have to.
Taking the reins as a new CEO is never easy, but to take advantage of the honeymoon and set the stage for success, there are six key actions every CEO must take soon after settling in to signal to investors, employees, and customers that he or she was a worthy of the job.
We've all heard of companies with two CEOs. In fact Chief Executive recently explored companies that are run by executive duos. But have you ever heard of a company with 4 CEOs? China's largest manufacturer of phone equipment has announced its plan to add 3 rotating co-CEOs to the top office with its current CEO. Will it work, or will there be too many cooks in the kitchen?
Wal-Mart's alleged FCPA violations are bound to bring about much legal fallout. Executives have gone to jail for violating the FCPA, and only time will tell what will happen to Wal-Mart's C-Suite. If your company does any business outside the U.S., it's important to follow this story and let Wal-Mart's missteps be a cautionary tale. Here's what you need to know.