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Procter & Gamble is naming Robert McDonald, currently chief operating officer, to succeed A.G. Lafley as CEO. The transition comes at a crucial time for the company.
The transition, expected on July 1, comes at a crucial juncture for the 172-year-old company, which has made brands like Crest, Pampers and Tide into household names, helped invent modern consumer-product marketing and schooled a universe of managers who went on to become top executives at companies including Microsoft Corp. and General Electric Co.
Source: The Wall Street Journal Link Below
This article discusses some a fundamental difference between the world of CEOs leading big public businesses and those who lead small private businesses. The latter assumes a lot more risk than the former. We have seen how in recent years some top CEOs got involved in scandals driven by greed and other baser instincts and got their companies in the red, they were fired but with millions of dollars worth severance packages.
A letter from the perspective of a customer, packed to the brim with advice for CEOs who are in the eye of the storm. You’ve read the tips before but here all of them are put together in a tongue-in-cheek manner which nevertheless does not undermine the gravity of the message and drives the lessons home.
Authors - Jeff Schmitt has spent 17 years in sales, marketing, project management, training, legal compliance, and recruiting.
Source: Business Week
The author of this article is the EVP of BTS USA, managing director of BTS Interactive and also heads the Global Marketing for BTS. He places the article in the context of the present corporate environment which is quite harsh on CEOs, he goes on to state that majority of the CEOs are terminated not because they lack vision or are unable to formulate good strategies. Their biggest challenge is successfully transforming strategy into results. This is where most CEOs are not able to mobilize their organization into a unified entity following the same goals.
Brian M. Sullivan the Chairman and CEO of Christian & Timbers with 20 years of solid experience in the executive recruitment industry discusses leadership and management which are used by many people as interchangeable concepts but are actually quite distinct from one another. The characteristics that define leadership include creativity and proactive behavior, management on the other hand is a reactive tool. So while leaders are expected to anticipate problems and opportunities and set appropriate strategies in motion, managers respond after a problem develops.
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