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...study also didn't ask participants why they thought one CEO looked more competent or trustworthy than another. The judgments being measured were happening more on a gut level. In that way, the experiment lends support to a growing argument among psychologists who study decision-making that when people come to quick conclusions without much information, their decisions are often good ones. Though previous research examining perceived CEO personality and firm performance found few links between the two, Ambady and Rule point out that those studies relied on surveys of people who knew the executives. In the new paper...

Author: /time Magazine | Title: Can Looks Predict a Successful CEO? | 1/11/2008 | See Source »

...first impression can count for a lot. For a company's CEO, it may even predict his firm's success. Top executives who appear powerful and leaderlike at first glance are more likely to run profitable companies, according to a study by Tufts University psychologists published in the February issue of Psychological Science. By contrast, CEOs who seem likeable or trustworthy have...

Author: /time Magazine | Title: Can Looks Predict a Successful CEO? | 1/11/2008 | See Source »

...according to Nielsen SoundScan--but these numbers may underrepresent the vinyl trend since they don't always include sales at smaller indie shops where vinyl does best. Still, 990,000 vinyl albums were sold in 2007, up 15.4% from the 858,000 units bought in 2006. Mike Dreese, CEO of Newbury Comics, a New England chain of independent music retailers that sells LPs and CDs, says his vinyl sales were up 37% last year, and Patrick Amory, general manager of indie label Matador Records, whose artists include Cat Power and the New Pornographers, claims, "We can't keep up with...

Author: /time Magazine | Title: Vinyl Gets Its Groove Back | 1/10/2008 | See Source »

...players are starting to take notice too. "It's not a significant part of our business, but there is enough there for me to take someone and have half their time devoted to making vinyl a real business," says John Esposito, president and CEO of WEA Corp., the U.S. distribution company of Warner Music Group, which posted a 30% increase in LP sales last year. In October, Amazon.com introduced a vinyl-only store and increased its selection to 150,000 titles across 20 genres. Its biggest sellers? Alternative rock, followed by classic rock albums. "I'm not saying vinyl will...

Author: /time Magazine | Title: Vinyl Gets Its Groove Back | 1/10/2008 | See Source »

...native Michigan with his new-old campaign themes in place. On the surface, at least, the campaign will stick to the messages they turned to after their defeat in Iowa: competence and change, no longer his conservative credentials. "The governor's experience as a solution-oriented guy, a turnaround CEO, is a particularly good fit in Michigan," says his national spokesman, Kevin Madden. "We can win there with a focus on the economy and showing the governor is someone who can lead on job creation and the global economy." Alex Castellanos, a senior strategist for the campaign, painted their seven...

Author: /time Magazine | Title: For Romney, Silver Getting Dull | 1/9/2008 | See Source »

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