Business

Wolters Kluwer 'inside-outsider' CEO

Nancy McKinstry, CEO of the multinational publisher Wolters Kluwer, describes herself as an analytical person. She also calls herself an “insider-outsider” who knows her company thoroughly from the inside but also is an outsider became she is its first non-Dutch CEO and the first woman to lead it. She says she likes hiring people who have overcome adversity because ...

What's in your waste can?

Most of the things in your room right now will eventually become garbage. That’s the simple idea that in 2001 drove college freshman Tom Szaky to launch Terracycle, a company that collects waste and converts it into new products.

The secret weapon of Zappos: patience

Online shoe retailer Zappos is known for its knockout customer service. But CEO Tony Hsieh says his secret of success is really about his employees. “Our belief is that if you get the company culture right, most of the other stuff, like great customer service, will just happen.” That includes some unconventional ideas like paying new employees $2,000 to quit...

William Wrigley: Double your pleasure

Chewing gum magnate William Wrigley had a lot going for him, although in the beginning, money wasn’t one of them. He arrived in Chicago from Philadelphia in 1891, holding only $32.  “A man’s doubts and fears are his worst enemies,” he said. “He can go ahead and do anything so long as he doesn’t know he can’t do it.”

Jack Dorsey's two-tech workweek

Twitter co-founder Jack Dorsey may have found the solution to the interruption-heavy life of a C-suite executive: He themes his days. If he didn’t, he might find it impossible to do his job. Or, rather, jobs.

Innovation: Vehicle to greatness

"The only sus­tainable source of competitive advantage is innovation. It’s that simple. And that hard, " says Andrew Razeghi, who teaches innovation at Kellogg School of Management at Northwestern University and is an advisor to Fortune 500 companies. He says the real reason for Detroit’s failure to innovate lies in its rewards system ...

Ogilvy's leader saw a simple, powerful truth others didn't

The world was simpler when Shelly Lazarus went to work for ad agency Ogilvy & Mather in 1971. Decades later, as CEO and chairwoman of the behemoth Ogilvy & Mather Worldwide that employs over 15,000 people in 125 countries, Lazarus continued to keep in mind one simple advertising truth. Even when others told her it did not apply to China.

And you laughed at the Segway!

Dean Kamen, inventor of the portable insulin pump, the wheelchair that climbs stairs and the Segway electric scooter, has three operating principles that have propelled him into leadership in his field:

Revitalizing from the ground up

Joe Englert, a developer of nightspots in Washington, D.C., became bored with what the city had to offer in the 1980s, so he leased an old pub and created a weekend joint called The Random Club ... that started the drive to revitalize a run-down corridor of the city. Englert’s experience goes to show that leaders must be willing to explore unusual opportunities.

11 ways to be the biggest loser

Donald Keough, former president of Coca-Cola, has 10 commandments to follow if you want to be a “highly successful loser”: 1. Play it safe. It doesn’t take long for things to grind to a halt if you simply reduce risk to zero. 2. Don't budge. Inflexibility is one of the fastest ways to lose both customers and employees. That’s what happened at Coke for years as company leaders came to think of the drink and the green bottle as a single unit.