Tag Archive for ‘HP’
“We live not just in a global economy but in a global supply chain,” says international labor expert Richard Locke. “The most important thing is to educate consumers, especially in large markets, so they understand that the choices they make have implications for issues of living standards, working conditions and justice in the factories that produce most of the things we buy every day.”
Since taking over the top job at General Motors in January, Mary Barra has been low-key about the fact that she’s the first woman ever to lead the giant auto maker. And that is a good thing, says columnist Gael O’Brien. “Because there are so few women CEOs,” she writes, “there is a danger that in celebrating them we can go too far — celebrity status conferred on, cultivated or accepted creates a rock star status which when associated with leadership has real risks.”
The sudden dismissal of a chief executive has seemingly become commonplace practice at big companies. But columnist Gael O’Brien says the firing of a CEO and how he or she leaves their position often reveals a lot about them, their bosses, and their organization. In the end, she writes, “shareholders aren’t served by blame games.”
What’s the difference between someone who becomes a good leader and one who doesn’t? Often it’s the ability to learn from failure. Columnist Gael O’Brien discusses leading thinking on how to analyze what went wrong and how best to reinvent oneself after hitting bottom. For those who get a second act, one expert says, timing can be critical: “You often get your second chance when no one else wants it.”
Columnist Gael O’Brien speaks with Joel Kurtzman about corporate culture, CEO leadership and the concept of a common-purpose organization. “It is difficult for a company to keep a sense of common purpose for longer than a decade,” he says. “It has to be nurtured or it goes away.” One company that has succeeded: American Express.
Now that many consumers are beginning to care about their own environmental footprints, manufacturers of electronic equipment are responding with loads of greener offerings.
Recent leadership failures in high profile companies draw attention to the reality that achieving goals – performance – is only part of the formula for success. Another critical piece is the way leaders do it which impacts others – relationships. Columnist Gael O’Brien says leaders who are low in self-awareness, self-regulation, motivation, empathy and social skills lack something called “emotional intelligence.”
Mark Hurd, who had served as HP’s CEO for the last five years, resigned at the Board’s request after an investigation concluded he had engaged in inappropriate behavior that violated HP’s Standards of Business Conduct. In a press release, Hurd said “there were instances in which I did not live up to the standards and principles of trust, respect and integrity that I have espoused at HP….”
Investment firm Walden Asset Management recently researched and compiled quotes from sustainability and corporate responsibility reports by several dozen companies in a wide range of industries. The exercise showed, says a Walden executive, that attention to such issues has become vitally important for a company’s business, and that transparent reporting is, as one CEO said, one of “the prices of doing business today.”
Efforts to combat transnational bribery and corruption could be enhanced by the creation of a top level U.S. government task force with a mandate to develop diplomatic and other incentives for adoption of laws similar to the U.S. Foreign Corrupt Practices Act (FCPA), especially in developing countries, according to a new report published by The Conference Board.