Sunday, April 5, 2009

From the Editor’s desk, comes to you seven rocking ways in which global CEOs have destroyed their companies...

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

...and these, their 7 habits, for which they get paid!!!

Lousy CEO Habit #3: Changing jobs & companies regularly Lousy CEOs change jobs. Excellent ones don’t! A mind numbing 81% CEOs of the top 100 US firms have never worked anywhere else (or maximum, changed just one job in their life). Forbes quotes how a monumental 75% CEOs of leading non-US firms have spent 35 years or more with the same company they lead.

Lousy CEO Habit #4: Being proud of not being an MBA I’ve seen many such CEOs, boasting to the world how an MBA is rubbish. Apart from innumerable researches, Sloan MIT’s spectacular research (Managing With Style) of 7,500 of the world’s top firms proved how companies with MBA CEOs perform fantastically better than those having non-MBA CEOs.

Lousy CEO Habit #5: Believing CSR adds to profits Umpteen reports, like Stanford’s definitive Social Innovation Review, have year after year vindicated that CSR investments are particularly unlikely to pay off. Michael Porter, the father of modern strategy, blasted CSR as being just “a PR game!” The most respected Peter F. Drucker historically documented his statement in the documentary The Corporation, “If you find an executive who wants to take on social responsibilities, fire him... Fast!”

For more articles, Click on IIPM Article.
Source :
IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and
Arindam Chaudhuri (Renowned Management Guru and Economist).


Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

ZEE BUSINESS BEST B SCHOOL SURVEY

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