15
May

Richard Leader, CFA, writing in the Houston Chronicle, had this to say about the trust and the economy: Central to financial markets around the world is the issue of trust.  Trust enables people to do business with each other.  Lack of trust causes economic stagnation.  Lots of different things have contributed to this mess we […]

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10
Apr

The Wall Street Journal reported this week that Toyota is in the process of streamlining its R&D process: TOYOTA CITY, Japan—Toyota Motor Corp. 7203.TO +1.51% said Monday that it has reorganized its vehicle-development system in order to speed decision making, cut costs and better appeal to car buyers world-wide. The changes to core engineering and design programs bolster the […]

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13
Jan

Update 3-24-12: Meanwhile, CEO Indra Nooyi’s compensation increased about six percent in 2011 over 2010, according to the Wall Street Journal today. PepsiCo Inc. PEP -0.14% Chairman and Chief Executive Indra Nooyi received 2011 compensation valued at $17.1 million, according to a Securities and Exchange Commission filing released Friday, a 5.8% increase from the prior year driven primarily by […]

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30
Sep

GM and the UAW reached a new labor contract that provides greater profit sharing for employees and greater flexibility for the company should sales decline: DETROIT—General Motors Co. Chief Executive Dan Akerson said a new labor contract with the United Auto Workers union will allow the company to be profitable in North America even if auto sales […]

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25
Sep

As regular readers of this blog know, we have researched and consulted on organizational downsizing, and how to do it effectively, for two decades.  Most of the time, organizations do a poor job of it by any measure:  financial, operating performance, or employee morale and engagement.  Nonetheless, there are few that do it right, and […]

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4
Aug

Okay, this doesn’t have much to do with trust, but we thought we’d link to Karen’s recent interview in the Chicago Tribune about why we decided to purchase a model home when we moved to Michigan last summer: When Karen and Aneil Mishra home-shopped in Okemos, Mich., in 2009, they restricted their search to new […]

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21
May

Update 5-22-10: Here’s an additional development reported in today’s Wall Street Journal that will help to spell the quicker demise of theater owners: Major Hollywood studios and one of the country’s largest cable operators are in discussions to send movies to people’s living-room TVs just weeks after films hit the multiplex, a step that would […]

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14
Apr

According to a study to be published in the Corporate Social Responsibility Magazine, companies who are more transparent are more profitable. Transparency, as the magazine defines it, means making information about practices like employee benefits, climate-change policies or philanthropic efforts publicly available. According to the magazine’s analysis, being a good guy pays. The best corporate […]

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14
Apr

Update 4-14-10: Toyota will now be halting sales of one of its Lexus SUVs due to rollover concerns raised by Consumer Reports, according to the Wall Street Journal: Toyota Motor Corp. said Tuesday it will temporarily halt the sale of a Lexus sport-utility vehicle after Consumer Reports magazine raised safety concerns about it. The move […]

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18
Mar

My friend and Princeton classmate Bill Haynes and his firm BackBay Communications, in partnership with Marketwire, have just conducted a survey of financial journalists that examines the reputation of financial firms.  They have found that the industry’s reputation has slipped further over the last year.  This second annual BackBay-Marketwire Financial Services Reputation Survey found that […]

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