Word: boardrooms
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Dates: during 2000-2009
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...money to buy expensive art and personal digs on Fifth Avenue--as is allegedly the case with Dennis Kozlowski at Tyco, where the board is stacked with insiders--is an egregious breakdown. "It amazes me that you can take 10 or 12 intelligent people and put them in a boardroom, and their IQ drops by half," says shareholder activist Nell Minow...
...which specializes in background checks, 44% of all resumes contain at least some lies. Other surveys by Bliss's group reveal that up to 90% of personnel directors report resume fibs about everything from past salaries to--inexplicably--Social Security numbers. And things aren't any better at the boardroom level. Christian & Timbers, one of the nation's top 10 executive-search firms, found that at least 23% of 7,000 resumes submitted for president, V.P. and board-of-director positions had been at least a little cooked...
Outside the Boardroom...
...MP3s and unlimited CD-burning privileges. But with major media companies so wedded to the old ways of selling music--nearly 40% of Vivendi's operating income flows from its media business--allowing users to burn from their catalog seems akin to dragging a large wooden horse into their boardroom...
...That sounds like the rant of utopian cranks, but both authors are respected even in the boardroom. McDonough is lead architect on a $2 billion project to rejuvenate Ford's massive River Rouge plant; Braungart helped found Germany's Green Party. Rather than flog humans for being wasteful beasts, they celebrate our propensity to consume, insisting there are ways to make that impulse a healthy part of a dynamic ecosystem. In Cradle to Cradle, the authors question why shampoo bottles, yogurt containers, and candy wrappers aren't made of biodegradable material. Why can't trainers be designed to eventually fertilize...