Category Archives: CEOs

CEOs predict increased hiring and sales

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America’s CEOs are slightly more optimistic about the economy over the next six moths, according to a Business Roundtable survey released today.
The chief executives of leading companies expect increased sales and capital expenditures as well as more job creation compared to the third quarter.
The Business Roundtable CEO Economic Outlook Index increased to 84.5 from 79.1,  with expectations for 2014 GDP growth at 2.2 percent, in line with the previous two quarters.
“CEO expectations for economic expansion in the next six months increased slightly from last quarter, with expectations for sales, capital investment and hiring all tracking somewhat higher,” Jim McNerney, chairman of Business Roundtable, and chairman, president and CEO of The Boeing Co. said in a news release.
“In aggregate, our expectations are consistent with an economy that will continue along the path of steady, modest recovery into the first half of 2014.  These soundings are also consistent with an overall economy that, despite progress, is not yet performing at its full potential.”
Seventy-three percent of the executives surveyed said they expect their company’s sales to increase in the next six months, while only 8 percent foresee a sales decrease.
Thirty-nine percent said they will increase capital spending and 34 percent plan to increase hiring.
Click here for complete results of the Roundtable survey.

Will corporate execs do the right thing in 2012?

In case you missed it, here’s a recent attempt on my part to convince greedy corporate execs to do the right thing in the new year.

My column in the News Sentinel business section suggests that more CEOs should follow the example of Los Angeles Angels pitcher Jered Weaver when it comes to pay raises.

As is often the case, readers posted interesting comments.

A Christmas wish for executives

CEOs could learn a lot from Santa

In the spirit of the season, here’s a suggestion for every CEO in the land from Forbes.com
ME_SANTA_001.jpgcontributor Geoff Loftus — be more like Santa Claus.

“Think about it for a minute: Has any CEO ever delivered better for longer than Santa? Had a more satisfied customer base? Had a more motivated workforce? Had a more famous, iconic world headquarters? Been more synonymous with his brand?,” Loftus writes.

Would your business be better off if you were more like Santa? Would your shareholders be happier?

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Sparks fly over column on outrageous CEO salaries

Not surprisingly, my column on outrageous executive salaries in Sunday’s News Sentinel drew mixed reaction from readers.

Some questioned my intelligence. Others said my criticism was on target.

I appreciate all the commenters who took the time to share their opinions, even Flyincnp who described my column as the “dumbest, most uninformative, waste of paper & print I’ve ever seen in the Sentinel.”

Wow, the dumbest ever? Surely not.

In case you missed it, click here for the column and decide for yourself.

 

What’s on your night table?

If you want to impress your boss with the latest business insights, check out what Corporate America is reading.

Book supplier 800-CEO-READ regularly compiles a list of what its corporate customers are buying.

No. 1 on the March Best Sellers list is “The Thank You Economy” by Gary Vaynerchuk, who takes a look at what drives “successful relationships between business and consumer.”

Click here for the Top 25 best sellers and a description of the Top 10.

Is your CEO leaving or staying put?

For those of you keeping track, the CEO turnover rate is declining — a sure sign the nation’s top execs expect good things in 2011.

In November, 79 chief executives across the country resigned, retired or stepped aside for other reasons, the second straight month CEO departures declined and 16 percent fewer announced departures than November last year, according to a report by global outplacement firm Challenger, Gray & Christmas.

The declining CEO departure rate is an interesting statistic that could mean any number of things, but to me it says the economic recovery is gaining momentum.

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Is your CEO in trouble?

Turnover among the nation’s CEOs jumped 10 percent in the first quarter, consulting firm Challenger, Gray & Christmas Inc. said in a report released today.

Most of the 340 CEOS who left their posts so far this year either resigned or retired. Three left because of scandal or pressure from the board, according to the Challenger report.

The number of new faces taking over in corporate America could increase as the economy improves, the report says.

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