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B>NEW YORK:/BWhen the new chief executive of Kmart takes the company's jet for personal trips, he will have to pay for it. His base salary is lower than that of the company's former CEOs, and he got no signing bonus.
ENTREPRENEURS can still succeed in a globalised economy dominated by large corporations as long as they focus on and meet the needs of their customers, said Jeffrey A. Krames, author of I>The Jack Welch Lexicon of Leadership/I>.
LISTENING to Ramlan Abdul Rashid, one would think that he is a motivational speaker. He is not one but as chief executive officer and executive director of Malaysian Assurance Alliance Bhd (MAA), Ramlan is gung-ho about productivity and efficiency.
Australia#8217;s biggest winemaker Southcorp Ltd dumped its chief executive, Keith Lambert, yesterday just weeks after it slashed its profit forecast, driving its share price to four-year lows.
Technology executives have been scrambling to tone down expectations for 2003 after hard-learned lessons that their customers cannot predict the future.
The titans of international business wrestled mightily for six days at the World Economic Forum with how to repair public trust damaged by scandals over shoddy accounting and bankruptcies like Enron's.
LAST year saw some dramatic and aggressive changes in corporate behaviour among life insurance players, with many setting high sales targets on marketing personnel.
Book briefs on The Welch Way, The Longman Business English Dictionary and other books.
THE recent spate of departures by foreign chief executives of government-linked companies (GLCs) has Prime Minister Goh Chok Tong concerned because of the wrong impression this might create #8211; that Singapore no longer welcomes foreign talent.
CHEAM Tat Inn stunned the local information technology (IT) industry in early 2000 when he resigned as managing director of Compaq Computer Corp Malaysia, a position he held for only six months, to join Silicon Valley-based Arcadian Wireless Inc, a start-up.