article thumbnail

CEO Disease Symptoms

Coaching Tip

" CEOs often hear what they want to hear rather than what really is on the minds of their subordinates," said Mark Anderson, president of ExecuNet, that conducted a survey of 2,463 C-level respondents in December 2010. CEOs think of guiding the ship as their purview.".

CEO 115
article thumbnail

Deadly Disease of Management: Emphasis on Short-term Profits

Deming Institute

In Warren Buffett’s 2010 annual letter to shareholders he mentions the advantage Berkshire Hathaway has because it doesn’t focus on short term results: At GEICO, for example, we enthusiastically spent $900 million last year on advertising to obtain policyholders who deliver us no immediate profits. In Profit Beyond Measure by H.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Stop Budgeting, Start Improving

Harvard Business Review

Instead, companies must make fundamental changes to the way they work — how they market and sell, handle orders, bill for those orders, manufacture and distribute their goods, and serve customers after the sale. Consider ThedaCare , a healthcare system in Wisconsin, which eliminated its budgeting process in 2010.

article thumbnail

An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

In May of 2005, Yahoo CEO Terry Semel, cofounder Jerry Yang, corporate development executive Toby Coppel, and I — I was then chief financial officer of the Silicon Valley internet company — went on what would turn out to be a fateful trip to China. Things hadn’t gone well up until that point.

article thumbnail

An Activist Investor Lands in Your Boardroom — Now What?

Harvard Business Review

But Motorola’s markets were transforming in the mid-2000s, and chief executive Greg Brown and his board decided in March 2008 that the company should be split in two: Motorola Mobility would take its mobile phones and related devices, and Motorola Solutions its mission-critical data and communication products.

article thumbnail

Why Sit on All that Cash? Firms Uncertain on Cost of Capital

Harvard Business Review

AFP conducted the Cost of Capital Survey in October 2010 and received answers from 309 chief financial officers, treasurers, vice presidents-finance, and assistant treasurers. Book vs. Market Weighting Factors Used for Debt and Equity in Calculation of WACC. . Current market debt/equity ratio.