Procter & Gamble's stock price soared 79 percent when A.G. Lafley was CEO before, reports CNBC's Jackie DeAngelis. Bob Damon, Korn/Ferry International, and Fred Hassan, Warburg Pincus, discuss what bringing Lafley back says about the overall executive talent pool.» Read More
The U.S. economy has had two crises that were followed by long periods of depressed economic activity, high unemployment, and instability lasting more than a decade...Conditions are emerging that could cause that to happen again, and without a radical change in policy, the nation is at risk of a terrible calamity.
Friday, forecasters expect the Labor Department to report the economy shed about 110 thousand jobs in June and unemployment rose to 9.8 percent. Economists expect the private sector created about 110,000 jobs but government employment dropped twice that amount, as many temporary census jobs disappeared. Twelve months into recovery from such a deep recession, this is a terrible performance.
The U.S. soccer team's run in the World Cup came to an agonizing conclusion against Ghana on Saturday, but unlike many of the major European nations competing, the team can at least head home with their heads held high. And none more so than coach Bob Bradley, who has offered myriad leadership lessons over the course of the two weeks the U.S. team was involved at the world's most-watched sporting event.
Day two of the New York Forum in full swing this morning. Mayor Bloomberg opened the meeting today by discussing the government's role to promote economic activity. Wall Street remains the top industry for the Big Apple. Finance remains the economic engine for the United States.
Learning to embrace opposition and maneuvering it toward resolution is no easy task. Even in the most modern and youth-centric offices, traditional rules and authority often end up becoming reasons for dissent and fraction. But sometimes all it takes is a different take on the process or eventual conclusion of a project. As an executive, then, how do you handle conflicting ideas from team members?
Fed policy is much less relevant to U.S. growth and price stability than in the days of Paul Volcker, because China's yuan policy has substantially limited the importance of Fed interest rate decisions by severing the historic link between short interest rates-like the federal funds rate it targets-and long rates on mortgages, corporate bonds, and the securities banks use to finance lending on cars and credit cards.
Change. It's a word not many people like to hear, either in their personal or their professional lives. Usually it means breaking from the usual, comfortable, established way of doing things and striking out for new territory, be it physical, mental, or emotional.
As worldwide need for aluminum expands, demand for Alcoa products will grow 10 percent this year, with a full 50 percent of that coming from China, Klaus Kleinfeld, CEO and director, told CNBC Friday.
Running derivatives through clearinghouses, part of the proposed financial regulations reforms now in Congress, will make them more secure and eventually may pump up their volume, Vikram Pandit, CEO of Citigroup told CNBC Friday.
PepsiCo and ThinkSocial, a nonprofit initiative at the Paley Center for Media that advances use of social and mobile media for public purposes, hosted a unique event last week aimed at highlighting the growing buzz around corporate sustainability and using social media to leverage it. Marketing heads from global brands like GE, Timberland, Nokia and PepsiCo were on hand to not only discuss their CSR initiatives but also show how they are embracing their social media networks to leverage brand awareness.
You can’t expand your network if you always only focus on people you already know. You have to take a chance, like this person did, and reach out to people. Attend social events, go to conferences, take classes, participate in community activities, and then actually reach out to the people you meet.
What themes do you expect to emerge when you gather a bunch of leading businesspeople and experts on innovation and organizational change, and have them present their thoughts in a two-day conference in New York City?
Sadly, President Obama, by persistently scolding BP and using inflammatory rhetoric, has done little to improve BP’s efforts to cap the well and mitigate the damage, or to foster effective cooperation between federal and state agencies that could improve those efforts.
It is the season for economic forecasts, and I have been polled by several published surveys. Here is my response.
Forgive me, job search candidates, for I have sinned. It’s been 20+ years since my last confession. I ran recruiting efforts for Fortune 500 firms that included Citigroup, Warner-Lambert, and most recently Merrill Lynch and during that time, I committed many sins. I seek atonement through this article.
The trade deficit, along with the credit and housing bubbles, were the principal causes of the Great Recession. Now, a rising trade deficit and continued weakness among regional banks, still burdened by bad loans, threatens to stifle the emerging recovery and keep unemployment near 10 percent through 2011.
Government job data doesn't show a lot of fulltime job growth but it is showing a steady trend of temporary hiring—and has since that number turned positive in October.
Going green has made sense for many companies in the past years, and the proven benefit to the bottom line has begun to sink in gradually as companies battle tarnished reputations (BP, Goldman Sachs) and distrust in the marketplace. Suddenly, sustainability and going green are popular.
Democratic capitalism is not flawed. Rather, government policymakers are destroying a system that took mankind from dark feudal superstitions to cracking the secrets of life with deceptions, delusions and abuse.
I'll admit it: I've got World Cup fever already. The quadrennial tournament kicks off on Friday, and I'm adrift in a sea of speculation with fellow soccer-minded colleagues.