Business

Young CEO turns around Bausch & Lomb

May 31, 2011

For more than 150 years, Bausch & Lomb led eye health innovation. But in recent years, the company began to stagnate. To shake things up, Bausch & Lomb hired Brent Saunders as CEO. Beginning with his first day, Saunders recognized that actions speak volumes. Here’s how he walks the talk:

The science of achieving goals

May 24, 2011
People set goals all the time, but the ma­jority end up unfulfilled or abandoned. Mark Murphy, founder and CEO of Leadership IQ and author of Hard Goals, tells us about the secret to getting from where you are to where you want to be.

Girl Scout pioneer teaches all to lead

May 4, 2011
Frances Hesselbein, who led the Girls Scouts of the USA from 1976 to 1990, was named the “Best Nonprofit Manager in America” by Fortune magazine. But what makes her truly remarkable as a leader isn’t that so many people think of her as an outstanding leader. What’s exceptional is the way she gets others to think of themselves as leaders.

Ian Ballantine: prophet of profit

April 28, 2011

In college, Ian Ballantine wrote a paper on the potential profitability of paperback books. At that time, paperbacks were asso­ciated with “trash novels,” but one publishing house, Penguin, was publishing paperback editions of mainstream books. Penguin snapped up Ballantine, who later founded Ballantine Books.

Jeff Hawkins’ vision of the Palm Pilot

April 18, 2011

It takes skill to imagine something, that is, literally see it in your mind, and then snap apart the components, rotate them, bend them, fold them and scan them from different perspectives. But that’s exactly the trick vision­aries like Jeff Hawkins excel at.

Coffee king’s ‘grande’ shot of reality

April 12, 2011
In 2008, Starbucks CEO Howard Schultz just knew he had a product that would ­re-energize the company’s tired sales. Called “Sorbetto,” it was a twist on a frozen-­yogurt drink. But customers didn’t like the sugary con­coction, and neither did baristas. “Sorbetto, we did too quickly, and that was my fault,” Schultz says.

The power of ‘as one’ behavior

March 23, 2011
As CEO of Deloitte Touche Tohmatsu Limited, James H. Quigley oversees a net­work of member firms composed of more than 170,000 employees in 145 countries. He recently co-authored a book, As One, about the eight archetypes of leaders and followers—and about applying those models to your organization to unlock the power of teams working “as one.”

The secret to a junk baron’s success

March 14, 2011

The man who grew a junk-removal business into an $8 million enterprise within five years says there’s a secret behind his overwhelming success: “Have a clear vision,” says Brian Scudamore, the founder of 1-800-Got-Junk.

Tyson’s bare-knuckles businessman

March 8, 2011
Donald J. Tyson was an entrepreneur with a vision when he dropped out of college and built his father’s Arkansas chicken business into one of the world’s largest producers of poultry, beef and pork. But his risk-taking style often led him to the limits of the law—or just beyond. Where he got it right:

Leading the transformation

February 21, 2011
In 2008, Imperial Sugar Company experienced an explosion at its refinery in Port Wentworth, Ga., that killed 14 workers and injured dozens of others. Three years later, the company has transformed itself, largely due to the leadership of CEO John Sheptor. “A crisis is not a time to lead from the front office,” he says.