How you can benefit from competitors | CEOs need to hire more veterans, Michelle Obama says | Volkswagen's problems underneath its profit
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March 15, 2013
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Leading Edge
How you can benefit from competitors
Professional golfers will give each other tips in the middle of a tournament even though each of them is out to win. In business, such cooperation among competitors shows confidence, a recognition of the power of coaching and the shared benefits of everyone being better at what they do, Scott Eblin writes. Level Blog (3/13)
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CEOs need to hire more veterans, Michelle Obama says
First lady Michelle Obama on Wednesday told the Business Roundtable, which represents the CEOs of the 200 largest U.S. companies, that executives need to do more to hire veterans. "Think outside the box, take real risks and work together to make big, bold commitments to hire our veterans and military spouses," she said. The New York Times (tiered subscription model)/The Associated Press (3/13)
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Strategic Management
What does Google's shakeup mean?
Wall Street Journal
Google's decision to take Android away from Andy Rubin and give it to Google Chrome OS chief Sundar Pichai reflects CEO Larry Page's desire to unify development efforts, Ryan Tate writes. "There's no longer room for separate fiefdoms within Google, and the company's days as a sort of corporate grad school -- with lots of tinkering, disparate technology paths, and a deep-seated love for goofing off -- are over," Tate writes. (3/13), The Wall Street Journal (3/14)
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Volkswagen's problems underneath its profit
While Volkswagen raised its operating profit by 2.1% in 2012, CEO Martin Winterkorn warned Thursday that the automotive manufacturer may be challenged by economic conditions this year. VW has strong global brands but is plagued by a politicized corporate structure, Olaf Storbeck writes. "Strong governance protects companies from overconfident managers, vanity projects and internal sleaze. VW's good record of the last few years provides no guarantee that it will always remain immune from these dangers," he writes. (3/14), The Seattle Times/The Associated Press (3/14)
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Innovation and Creativity
Southern Co. CEO: Innovation involves saying "no"
Utility Southern Co. values innovation, and that means being selective about which ideas to pursue, Chairman and CEO Tom Fanning says. "Our efforts have simple goals: to preserve fuel flexibility and increase the value of energy to our customers," he says. "I would argue that your greatest indicator of success is how many ideas you kill. It proves that you're developing ideas and pushing the envelope," he adds. Strategy+Business online (free registration) (3/11)
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The Global Perspective
Most American companies get a failing grade in globalization
The success of Coca-Cola, McDonald's and Wal-Mart masks U.S. difficulties in globalization, Tim Fernholz writes. He cites research that suggests American companies earn as little as 7% of revenue from emerging markets. "Because it's a big country, and has had many decades of consumer-driven growth, US businesses haven't necessarily had to look over the horizon for new opportunities," he writes. Quartz (3/5)
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Engage. Innovate. Discuss.
Getting the greatest effort from your employees
Many employees will acknowledge that they aren't fully dedicated to their jobs, Julie Winkle Giulioni writes. Fixing that requires a different approach to increasing productivity, including prioritizing the tasks of human resources and the need for persistent training. "Supply the equipment, tools, and resources to support excellence," she writes. SmartBrief/SmartBlog on Leadership (3/14)
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Daily Diversion
Stu Larkin is still on the road, selling bronzed baby shoes
Stu Larkin lives the old-school life of a traveling salesman -- selling bronzed baby shoes, combat boots and other objects -- and has now been profiled in a short film. "Even though I'm a professional, I've been doing this for 30 years, I make a living at this, I've made a great living at this, every single day I go out I have butterflies in my stomach until I get that first order," he says. The Atlantic online (3/12)
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Who's Hiring?
Position TitleCompany NameLocation
Associate Medical DirectorUCareMinneapolis, MN
Director of Industry Initiatives (Audio/Video)Interactive Advertising BureauNew York, NY
Vice President/Chief Counsel - Market Oversight - NYSE RegulationNYSE EuronextNew York, NY
Chief Partnership Officer Global Business School NetworkWashington, DC
OS Chief of StaffMicrosoftRedmond, WA
Chief Financial OfficerNutrisystemGreater Philadelphia Area, PA
Vice President, Network Development and Provider RelationsLouisiana Health Cooperative, Inc.New Orleans, LA
Click here to view more job listings.
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Leadership IQ research indicates that 72% of employees polled admit they aren't giving their best effort. And, in the same study, 77% of their managers agreed."
-- Julie Winkle Giulioni, author and consultant, writing at SmartBlog on Leadership
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