Executive Decision - March/April 2008 - (Page 25)

the U.S. multinational earnings come from international sales, he adds. This past December, Citigroup named Vikram S. Pandit, a native of Nagpur, India, as its CEO, replacing Prince. Building a supportive team and keeping them focused on the objectives goes back to Hope’s point as to why his squadron—all outfitted with the same flying and fighting skills—accomplished their mission with fewer fatalities. Hope’s commander was able to filter out what wasn’t important, helping his squadron stay focused on the mission, he recalls. Some of the decisions made in the short term, usually a function of meeting Wall Street’s earnings expectations, aren’t necessarily good for the long term, says the telecom executive. “Parachuting into the problem, where you own a problem, isn’t taught in schools and some may never get a chance to experience this in their career.”XD MAKE IT YOUR BUSINESS TO HELP OTHERS PREPARE T A K E AWAY VA L U E TV A TM The Long and Short of It Exucutives need to keep their team focused by cutting out any information that isn’t important to the project or mission. Boards need to make sure executives are satisfied. CEO satisfaction has declined over the years, so how are they going to keep their team motivated? “Pandemic preparedness is critical for businesses and families. Lead the way to help ensure we’re all ready.” —Dr. Wayne Lednar Investing in human capital is paramount. If a CEO doesn’t have the right team behind him, it will be difficult to implement strategy. Go to takethelead.pandemicﬂu.gov for your online toolkit. Use it to help your team prepare now for pandemic ﬂu. Pictured: Dr. Wayne Lednar, Chief Medical Ofﬁcer, DuPont; Linda MacLean, Vice President, Finance, Risk Management, UPS An unhappy executive team can damage CEO strategy: They’ll be pleased—and could take part in—the CEO’s fall. Executive training that drops people into a simulated situation with a minimal amount of support can force employees to be creative and improve their critical thinking. takethelead.pandemicﬂu.gov In a crisis, running to the numbers doesn’t always provide answers. A supportive team is the only way to weather a storm. http://www.takethelead.pandemicflu.gov http://www.takethelead.pandemicflu.gov http://www.takethelead.pandemicflu.gov

Table of Contents Feed for the Digital Edition of Executive Decision - March/April 2008

Executive Decision - March/April 2008 Contents Index of Advertisers Contributing Editors From the Editor's Desk Publisher's Note You Be the Judge - Unionization Thought Leader - Pitney Bowes Management - Flying High for Long-Term Results Strategies - Sovereign Wealth Funds Cover Story - In Whom Do We Trust? The Movement for Greater Accountability & Disclosure Finance/Legal - The New Boycott Model Green At Work - Transforming for Sustainability Technology - Embracing Risk Leadership - Executive Reputation Management The Global Village - China Moves to Curb Prices Economic Profile - California Gold Rush Transformations - I Can See Clearly Now, The Brain Is Gone Marketing - Effectively Using Market Research The Bottom Line - Brands: A Shrinking Advantage or Shifting Advantage? Pulse - Pandemic: Not If But When SPECIAL SECTION - Living On the Green: Luxury Golf Destinations

Executive Decision - March/April 2008

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