Well, the manhunt continues for that elusive evil mastermind, but I'm telling you Enron CEO Kenneth Lay remains at large.
Former Enron founder Ken Lay and CEO Jeffrey Skilling found guilty in the Enron case. Ken Lay is so guilty I'm surprised people aren't calling him Congressman Ken Lay. Wait 'till these guys find out in prison that insider trading has a whole new meaning.
Former Enron CEO Jeffrey Skilling appeared before Congress. Do you think they even bothered swearing him in? Now he is denying he lied to Congress last week. He's saying it was just the liquor talking.
CEOs of top companies could probably use a dose of not-asking-for-raise behavior and less self-entitlement, rather than us trying to change girls in order to fit into the common mold of what we think a CEO looks like.
Let's also say that the Justice Department and the courts are making sure, as I've said in a speech before, that when Jamal sends his résumé in, he's getting treated the same as when Johnny sends his résumé in.Now, are we going to have suddenly the same number of CEOs, billionaires, etc., as the white community? In 10 years? Probably not, maybe not even in 20 years. But I guarantee you that we would be thriving, we would be succeeding. We wouldn't have huge numbers of young African American men in jail.
The CEO's job is always about leadership. It's about leadership in a vision, in terms of where you're going, it's about making sure that you have the right organization and staff, and that you have kind of clearly communicated what some of the plays are and what some of the goals are in terms of the business and how do you organize together in order to make that happen.
The key thing for a CEO to keep their head in the game is recognize that there's turbulent times, plan for, you know, bad luck as well as good luck, keep people focused on what the key, you know, business wins are, and you know, provide the energy that people always need in order to, you know, to go into battle because, you know, work is hard and go into work and do that well. And provide a good leadership beacon for that. In other words, it's the same thing that makes good leadership in any other time.
Even CEOs police their own bureaucracy. Trump is not that. He does have more in common with these guys than most elected officials would have, particularly in the Obama administration. Obama didn't have anybody that'd ever worked in the private sector. All they had is a bunch of theoreticians who thought they were smarter than everybody that runs businesses in the private sector. And who knows what kind of pressure was brought to bear. Remember, Obama's agenda was one that was to be governed against the will of the people.
The CEO announces that the purpose of the firm is to improve the lives of the customers and the lives of the firm's stakeholders and the quality of the planet. The company will give fair compensation to all the stakeholders and the CEO will not earn more than 20 times the median income of his employees. He will want his employees to rate him, just as he also has to rate them.
I admire companies that have a purpose, passion, and performance. I am a fan of Unilever under its CEO Paul Polman, not only for the company's insights into women and men when they buy beauty products or skin products (the DOVE woman, the AXE man), but also as a company seeking to achieve both growth and practicing social responsibility.
CEOs need to produce continuous growth in sales and profits. Yet they must also invest in sustainability and social responsibility, which then leave them less money for financing their growth.
Gone is the day where you work at a job for thirty years and retire. Millennials jump around and switch careers. I think it's important for CEOs to highlight career mobility within a company, so that employees don't get bored and continue to be stimulated.
The financial time frame always has been short-term. Projects with long-term paybacks are cut back, because CEOs and financial managers simply want to take their money and run. That is the financial mentality.
We have to fundamentally rethink our trade policy and make it work not for the CEOs of large corporations, but for working people. So, if Trump wants to develop a rational trade policy which demands corporations start investing in this country, rather than China, that's something that we can work on.
If great teams don't have an "enemy," they create one for themselves because, as former Coca-Cola CEO Roberto Goizueta pointed out, "you can't have a war without one."
The leverage Wall Street has to change the world is greater than technology. At a very young age, you're in the room with CEOs, making critical decisions. It should be exciting. It is exciting.
CEOs will struggle to keep themselves and their companies current, relevant, and ahead of the curve.
There are four different kinds of power in a communication: position power (the CEO talking to her direct reports), emotion power (passion sometimes rules the day), expertise (people often listen to the most knowledgeable person in the room), and conversational power (the subtlest, this is the ability to direct the conversation through body language).
I like to take CEOs into consumers' homes to see the "real world." CEOs have privileged lives with big incomes, lots of help, access to just about anything they wish. The average consumer lives on $53,000 a year and has daily tradeoffs and compromises that must be made. I took a CEO into a trailer park so he could observe first-hand - and understand - how consumers use his product.
The most effective CEOs have a primary source for tracking their markets. They meet with their teams frequently enough to keep innovation flowing, to reduce and focus costs, to be energized. They create a tight agenda and they set high goals.
Time is a big enemy. Companies have a tendency to drift and to do what was successful yesterday. CEOs need to set a high goal, enforce a time-based output scheme and stay connected all the way down in their organization. They have to do this sincerely every day, everywhere.
Social media can work to a CEO's advantage. Someone with a great product in a small town in the middle of nowhere can compete in the world marketplace. In 1962, Sam Walton changed the face of retailing with Wal-Mart. As we speak, Amazon is again changing the face of retail with on-line buying.
We're going to let foreign corporations and their CEO's decide the outcomes of the [presidential elections] you just can't do this.
We are not going to let it happen where [foreign corporations and their CEO's ] decide the outcome of our elections. They can't do it and we're not going to let it happen. This is our last chance to save our country and reclaim it for we the people, and it's going to happen.
The reason you're put in the CEO chair is because a company is facing these issues and you've been designated the person best to organize around them. I think that people are pretty energized around trying to figure this out.
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