Leadership

In a New York Times op-ed, Professor Robert Shiller writes that President Obama’s proposal to change how inflation is measured in Social Security benefit calculations “…solves the wrong problem, and, in doing so, undermines the integrity of the Social Security system.” One alternative, suggests Shiller, is to link retirees’ benefits to GDP per capita, in current dollars, which would align the interests of the retired with those of society as a whole.

Long-term thinking often gets lost in solving short-term problems, but the most successful companies make corporate strategy a top priority.

The 2011 tsunami and the meltdown of the Fukushima Daiichi nuclear power plant in Japan shattered the nuclear industry’s "safety myth" and prompted the shutdown of all nuclear power plants in the country. Naomi Hirose '83 talks about leading the plant’s operating company through an unprecedented cleanup and rebuilding effort.

In a New York Times op-ed, Senior Associate Dean Jeffrey Sonnenfeld writes about the call to separate the chairman and CEO roles at JPMorgan Chase. “While the model can work on occasion, it is surely no panacea that ensures good economic results or good governance,” he argues.

How do you turn personal values and sense of purpose into a leadership approach? Four alumni recently recognized as Donaldson Fellows by the Yale School of Management discussed their experiences with leadership expert Tom Kolditz. The conversation, on April 4, 2013, addressed the challenges that leaders face in maintaining a sense of purpose and adapting personal goals and values to different organizational contexts, roles, and cultural environments.

Liang Meng, who founded a private equity firm after leading D.E. Shaw’s China operations, gives an overview of the fast-developing private equity market in China. He describes how demographic trends inform his investment strategy.

The days of U.S. boycotts of South Africa are long gone. The country is an economic powerhouse in Africa and a key economic partner for the U.S. In four years as U.S. ambassador to South Africa, Donald Gips ’89 worked to increase investment and trade flows between the countries.

More and more, the answer is yes, as the credit card industry reaches billions of consumers and tens of millions of outlets. The CMO of MasterCard WorldWide talks about the company’s efforts to compete in this global market while responding to radically different technological infrastructures, legal institutions, and cultural understandings of debt.

Senior Associate Dean Jeffrey Sonnenfeld writes that Carnival CEO Micky Arison is a vivid example of the public’s growing skepticism about leaders.

Honeywell International has 132,000 employees around the world and dozens of businesses in the aerospace, energy, consumer products, construction, automotive, healthcare, and other industries. How does an organization on that scale stay nimble enough to recognize opportunities and take advantage of them? CEO Dave Cote discusses the company's strategy and his own role.