Word: boardrooms
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...Directorship 100 List, published annually, compiles “the who’s who of the corporate governance community” and the “most influential people in the boardroom,” according to the magazine, a publication aimed at the directors of public companies...
...Deutsche Telekom's new policy is bound to send shockwaves through Germany's business community, which has thus far resisted calls for boardroom quotas. "We support the desire in society to have more women in leadership roles," says Werner Schnappauf, the head of Germany's Industry Federation, an umbrella organization of industrial companies and industry-related service providers. But he adds that instituting "rigid legal requirements, like a quota, are not a suitable method." The move is also likely to anger more than a few people at Deutsche Telekom, Wenders says. "Some male employees may worry that they'll have...
...Every Olympics has its underdog stories. At the 2008 Beijing Games, one of the most memorable was not on the track but in the boardroom of a Chinese sportswear company named after its founder, Li Ning - a triple gymnastics gold medalist at the 1984 Los Angeles Olympics. While the then 18-year-old firm wasn't an official sponsor, it used careful planning to outflank its deep-pocketed overseas rivals by picking likely medalists to outfit with Li Ning - branded gear (official sponsor Adidas had the rights to provide uniforms for medal and other ceremonies, but athletes were free...
Lucian Grainge's management style is not short on theatrical flourish. Four years ago, the Briton who is about to become the world's most powerful music industry executive, arrived late to the boardroom of Universal Music Group's international head office in London after the company had suffered a particularly poor sales period. As he entered, he turned off the lights, leaving his executive team sitting nervously in the dark. He then paced around the room until finally uttering the words: "See that. Better get used to it. That's what it's like when you don't have...
...fear that the current global recession could morph into something more serious: a 1930s-style meltdown capable of shaking the entire economic structure to its foundations. Were that to happen, chain-reaction bankruptcies of companies could force the French state to step in and nationalize industries, dismantling the boardroom power structure. (See pictures of President Nicolas Sarkozy celebrating Bastille...