Word: ceo
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...less productive workers with fewer skills. While a current employer may benefit from their cheap labor, future employers will lose out. For Norway's fund, it's a concern - both ethically and economically - that "the action of one company may influence the profitability of another," says Yngve Slyngstad, CEO of Norges Bank Investment Management, the part of Norway's central bank that runs the fund...
...Realists now accept that the "comply-or-die" model can actually hurt workers and damage the chances of building lasting partnerships with factories. "We thought monitoring was the answer, but we've learned the hard way that it isn't," Gap's then CEO Paul Pressler conceded in 2005. "Almost no factory is in compliance with our standards." As a result, the goal for many firms is no longer perfection, but more nuanced policies and a gradual raising of standards. Traditionally, Gap pulled out of factories in which it discovered child labor. Two years ago, it revised that policy...
...been a CEO, you've been a mayor of Seoul and now you're President. What do the three jobs have in common and how are they different? Different names. Different titles. But seriously, all three are related in the sense that the previous jobs helped me better do my current job. I think the efficiency that I learned as ceo has helped me carry out my job as President...
There was an air of invincibility surrounding Lee Myung Bak when he took office as South Korea's President in February. The 66-year-old former CEO won election with ease, the lopsided victory seemingly providing Lee with a mandate to ram through his ambitious agenda of economic reform, tough love for North Korea and a higher international profile for his country. But a mere three months later, the man South Koreans call "the Bulldozer" has bogged down. In the past few days, tens of thousands of protesters have taken to the streets of downtown Seoul to demonstrate against...
...advocate who has strong views about South Korea's need to reform its economy - as a consensus-seeker. After all, when he served as mayor of Seoul earlier this decade, he ordered that one of the city's major highways be demolished so a stream could be restored. As CEO of Hyundai Engineering & Construction, the country's largest construction company, Lee wielded a lot of power - as was customary. Korea a couple of decades ago was ruled by a handful of men: the government by a dictator and his aides, and the economy by equally dictatorial tycoons through sprawling corporate...