Oct
27
2008
The President of the United States makes $400,000 plus benefits and that seems a fair wage for someone with an MBA.
Until thing get sorted out, all CEOs (private and public) should voluntarily limit their remuneration to that equal or less than $400,000. And no golden parachutes, options or other BS.
That goes for all of Big [...]
Oct
23
2008
In the question and answer period that followed Ben Bernanke’s speech today to the Economic Club of New York, the Federal Reserve chairman answered questions on why Lehman Brothers was allowed to fail, whether home prices are the root of the current problems and more. (Read the full transcript here.) Here are some highlights:
Bernanke speaks [...]
Oct
16
2008
If you want to know what is really worrying the wealthy these days, consider the case of Bruce Smith.
Mr. Smith, CEO of Tesoro Corp., an oil refiner based in San Antonio, recently was forced to sell 251,100 shares, or 14% of his holdings to meet a margin call from Goldman Sachs Group. Chesapeake Energy CEO [...]
Sep
14
2008
Ah, the good life. You made your millions or billions. Now it is time to kick back, relax by the pool…and manage your costly and complicated family office.
Associated Press
Family offices are must-haves for Upper Richistanis. If you have $100 million or more, chances are you’ll need a family office to manage your investments, travel plans, [...]
Apr
15
2008
Before I became an executive coach I used to be fascinated by the insights of an acquaintance who acted as sounding board/father confessor to some of the top names in British industry. As director of a corporate intelligence firm, he became privy to the fears and concerns of CEOs and senior directors, usually men over [...]
Apr
15
2008
One issue that should rise to the top of the corporate agenda in 2008 is diversity — or, more specifically, how managers and leaders deal with it. Diversity has been on the agenda for decades — differences of class, gender, ethnicity, faith, culture, education and sexual orientation are well understood — but diversity has taken [...]
Apr
15
2008
The signs of an imminent recession are all around us. The spillover from the subprime mortgage crisis is weakening both consumer confidence and the consumer spending–much of it on credit–that has been buoying the US economy.
Companies should bear eight factors in mind when making their marketing plans for 2008 and 2009:
1. Research the customer. [...]