What Can You Learn from the Best and Worst CEOs of 2013? What makes them tick? Sidney Finkelstein, strategy professor at Dartmouth and author of Why Smart Executives Fail, ranks CEOs based on several years of financial performance for the top 1,000 U.S. companies as well as major and emerging companies based elsewhere, particularly Japan, China, Brazil, Korea and Europe. In addition, Finkelstein looks beyond financial indicators to the answers of two questions regarding how a CEO responds to a challenge:
1. Was the CEO culpable, in that he or she knew, or should have known, what was going wrong yet was unable to right the ship?
2. Did the CEO’s actions, or inactions, provide evidence of a significant breach in corporate governance or strategic leadership?
Once employing as many as 60,000 people in 9,000 stores, Blockbuster was once the king of video rentals. Now, only about 300 of the company-owned stores remain, and those will all be shuttered by January 2014. Read more about why Blockbuster failed and lessons to be learned from that and the other Biggest Business Flops of 2013.
She has been ranked more trustworthy than the Supreme Court, beat Oprah Winfrey in ratings and makes $47 million per season. Here are 5 things Judge Judy can teach you about success.
Life happens for you not to you. So, the next time “stuff” hits the fan, ask yourself:
Lesson from Elon Musk via “5 Entrepreneur Talks You Must Watch Before 2014”:
…there’s always something wrong. It’s usually something small. At any moment, the probability of failure is high. Ultimately, you can’t let the small details derail your big vision. Keep your heart, and head, on track, and your potential will be limitless.