The CEO of CEOs used the "4Es and 1P" principle to recruit a winning team
Welch had the less-acknowledged talent of working productively with people he didn't get along with and meticulously planning his succession
Board, not a committee, is accountable for selection of chief executive
Most firms lack proper in-house succession planning; and often don't spend enough time, energy and resources in planning for the same
Our approach to board governance has resulted in a sharp focus on structure, that is, form, without commensurate focus on substance, that is, effectiveness
The Right also thinks so, which is why I despise intellectuals from both sides. They think smugness is the perfect substitute for wisdom and the State is the panacea for all ills
Today, an entire industry has sprung up to support the narrative that CEOs need to be highly social
Budget wish list: Income-tax cut, blueprint for investment push
The activist cited scientific reports that have established that unchecked warming above 1.5 degrees Celsius (2.7 degrees Fahrenheit) for the planet will be catastrophic.
The list relies on objective performance measures over a chief executive's entire tenure
On the 6th spot is Adobe CEO Shantanu Narayen, followed by MasterCard CEO Ajay Banga, ranked 7th and Microsoft chief Satya Nadella on the 9th spot
While it is not unusual for co-founders of startups to hang up their boots after some years - recently, Zomato co-founder Pankaj Chaddah also moved on - for Urban Ladder this is quite a blow
Great CEOs see opportunity even when the general mood is gloomy
India has had its fair share of celebrity CEOs over the past few decades. From JRD Tata to Ratan Tata. GD Birla to Kumar Mangalam Birla. Dhirubhai Ambani to Mukesh Ambani
About 69 per cent CEOs in India, the same as CEOs globally, now have structures in place to review their business models and ensure they stay competitive in the face of disruption
Richest Indian Mukesh Ambani, IOC Chairman Sanjiv Singh and ONGC head Shashi Shanker are among the 10 Indian CEOs named in CEOWORLD Magazine's global ranking of the most-influential CEOs in 2019
Act, talk, share, counsel, but don't sit around and keep thinking
So why do CEOs allow their reputation, carefully built over decades, to be blown to smithereens?
CEOs who are paid less than their peers are four times more likely to engage in layoffs, a study has found. Researchers from Binghamton University in the US analysed data that included CEO pay and layoff announcements made by S&P 500 firms from 1992-2014 in the financial services, consumer staples and IT industries. Adjusting the analysis for a number of different factors that could influence a layoff -- such as industry conditions, company size, firm performance -- researchers found that the "underpaid" CEOs were four times more likely to announce a layoff. "In terms of strategic decisions that a CEO can make that could lead to higher pay, layoffs are one of the easiest to do," said Scott Bentley, an assistant professor at Binghamton University. "Relative to other decisions such as mergers or acquisitions, layoffs typically don't need the approval of shareholders, the board or regulators, and they don't take years to do. Layoffs can be determined overnight," said Bentley. "In a .
The idea behind it is to give risk averse CEOs incentives to take risk