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...luxury Taj hotel chain and is itself a branch of the Tata empire, was told its overtures to New York Stock Exchange-listed luxury hotel and cruise firm Orient-Express were unwelcome - and potentially damaging. Indian Hotels recently upped its stake in Orient-Express to 11.5%. But Orient-Express CEO Paul White, in a letter to Indian Hotels Vice-Chairman R. K. Krishna Kumar, wrote that "any association of our luxury brands and properties with your brands and properties would result in a reduction of our brands and of our business and would likely lead to erosion...

Author: /time Magazine | Title: Is India Bad for Jaguar? | 12/14/2007 | See Source »

...Gopalakrishnan, one of the founders and the current CEO, says Infosys built that culture from the ground up. "We said, If we're going to make it a success, there have to be some rules, some common values, some structure to the whole thing." That included a strict ban on nepotism and a compulsory retirement age of 60. Founding CEO N.R. Narayana Murthy, who still flies coach despite a net worth estimated at $1 billion, says the break with the past was deliberate: "We had to aspire to global standards, especially if we wanted to attract investors from abroad." When...

Author: /time Magazine | Title: Meritocracy Is the Model | 12/13/2007 | See Source »

...while its goals may have been global, the company was--and is--run in an unusually communal fashion. In the U.S., says Murthy, "the CEO is the emperor." At Infosys the CEO is more like a chief justice, presiding over arguments and casting a vote only when necessary. "Ultimately, I will decide," says Gopalakrishnan. "But I usually don't need to. We try to foster a much more collegial, consensus-based environment that allows the best information to come...

Author: /time Magazine | Title: Meritocracy Is the Model | 12/13/2007 | See Source »

...prevalence and severity of depression, the nonprofit Mental Health America found that places like the Dakotas and Hawaii fared better in part because they have more psychiatrists and social workers per capita as well as more residents with health insurance. Says psychologist David Shern, the organization's president and CEO: "Access is the moral of this story...

Author: /time Magazine | Title: Briefing | 12/13/2007 | See Source »

...stump, Romney dusts off his CEO badge, listing the skills he acquired in business that he would bring to the White House. Romney calls his decision-making process “bathing in the data.” He pours over information, debates with colleagues, and implements a policy only after hearing the case against it. He’s cheap too, promising to cap non-defense discretionary spending at inflation minus one percent. Indeed, Romney the businessman could restore fiscal responsibility to the GOP brand...

Author: By Brian J. Bolduc | Title: The Real Romney | 12/12/2007 | See Source »

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