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| SmartBrief on Leadership |
| July 12, 2012 |
Report: 70% of top CEOs don't use social networks
Seven of every 10 Fortune 500 CEOs are nowhere to be found on social networks, according to a Domo/CEO.com report. That's a problem, since it leaves bosses with a technological blind spot, argues Domo founder Josh James. "The primary reason you have to be social is because that is where your customer lives," he writes. "You have to spend enough time online to at least understand the shift in the world." Reuters/MediaFile blog (7/12) Forbes (7/12) All Things D (7/12)
When was the last time you broke a sweat?
The best bosses get plenty of vigorous exercise, experts say. We can't all be like Gen. David Petraeus, who led his troops in daily 75-minute push-up and pull-up sessions, but scientists say even just an early morning workout can help leaders to stay focused and think more clearly. "It's rough out there in the business world. The more we can do to survive a good ass-kicking, the better," notes Shelley DuBois. CNNMoney/Fortune (7/11)
Corporate corruption is the new normal, Americans say
Polls show that nearly three-quarters of Americans think that corporate corruption has increased in recent years, with 62% saying corporate corruption is endemic. That could have a lasting impact on the way people relate to businesses and public institutions, writes Eduardo Porter. "It?s hard to fathom the broader social implications of corporate wrongdoing. But its most long-lasting impact may be on Americans? trust in the institutions that underpin the nation?s liberal market democracy," he argues. The New York Times (tiered subscription model) (7/10) The Guardian (London)/Data Blog (7/10)
Are your company's directors lost at sea?
Many corporate directors have only a vague idea of what a board is actually supposed to do, writes Jay Lorsch in this book excerpt. The board's role comes into clearer focus when things start to go wrong, but many directors aren't prepared for the tasks they find thrust upon them. Some experts think directors should be more proactive, putting risk-assessment and management systems in place long before disaster strikes. HBS Working Knowledge (7/11)
How Campbell's cooks up innovation
Campbell Soup innovation chief Darren Serrao spends most of his time in the company's test kitchens, trying to simmer down recipe ideas into replicable processes and marketable products. "We eat a lot. ... It's a terrific part of my job," he adds. Fast Company online (7/11)
What the London Olympics have in common with elephants
Operations at the London Olympics is like butchering an elephant, says organizer and former Goldman Sachs executive Paul Deighton. "You have to break it down into workable pieces," he explains. Financial Times (tiered subscription model) (7/11)
Chinese CEOs pay price for economic slowdown
The Chinese economy is slowing, with many companies struggling and some CEOs being forced out amid waning corporate profits. "We are seeing a lot of companies start to come under greater financial stress, and we are going to find out how robust their business models really are," said Patrick Chovanec, a business professor at Tsinghua University. Reuters (7/10)
4 lessons on leading that hummingbirds teach us
A mother hummingbird must aggressively protect her nest from accidents and predators, be patient with her young, and be prepared to encourage and accept their physical and emotional growth. Those are all traits human leaders and managers can apply in their lives, writes Mary Jo Asmus. SmartBrief/SmartBlog on Leadership (7/11)
Want to live forever? First, live until 2042
The rate of technological progress is rapidly increasing, and advances over the next 30 years are likely to outstrip all progress since humankind first began using tools, argues futurist Ray Kurzweil. One key breakthrough will be in the field of life extension, Kurzweil predicts, with scientists likely to figure out ways to raise average life expectancy by more than a year for each year that goes by. That could make people effectively immortal within just a few decades. Inc. online (free registration) (7/11)
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