Disney’s Bob Iger Barks Back at Bernie Sanders

But for most CEOs, emulating Iger must remain a cherished fantasy. I’m just speculating, but I’d bet money that Disney DIS -1.52% CEO Bob Iger’s inbox is bulging with emails from fellow CEOs saying, in effect, “Let him have it and don’t let up!” Which raises the question, Why don’t more CEOs do what Iger…

Why The Anger That Has Lifted Sanders and Trump Is Here to Stay

A substantial number of voters think they’ve been cut out of America’s implicit economic deal. The “anger” hypothesis for explaining the rise of Donald Trump and Bernie Sanders has become the conventional one, and this is a rare occasion when I believe the conventional view is right. Recent news stories show why the Trump-Sanders phenomenon…

3 Keys to Successful Long-Term Leadership

Here’s how a patient leader can resist impatient shareholders. Klaus Schwab has put the heft of the World Economic Forum, which he founded, behind the rising plea for longer-term thinking among business leaders. In his book The Fourth Industrial Revolution, he argues that managing for a more distant future is the somewhat counterintuitive key to…

Meet Donald Trump’s Stealth Challengers

Amid talk about the hopelessness of a third-party challenge to Trump, one is actually taking shape. Is Libertarian Lite about to have its moment? The strangest presidential race in living memory just keeps getting weirder. Former Massachusetts Governor William Weld said on Thursday that he wants to run for vice president on the Libertarian Party…

The Race for the Least Bad Presidential Candidate

Each party has chosen a presumptive nominee whom America loathes. How did it come to this? At this point in the 2008 presidential race, when both parties’ candidates had become apparent, the Economist put John McCain and Barack Obama on its cover under the line “America at its best.” The magazine described McCain as “a…

How to Think Like Bill Gates and Warren Buffett

As CEO, Bill Gates scheduled a week each year to read and think in a quiet location. One of the most important decisions every leader makes every day is how to spend his or her time. I’ve noticed that highly successful CEOs often allocate their time in unconventional ways. It makes sense; if they used…

A Terrible Leadership Style That Never Goes Away

Despite its remarkably poor record, dictatorship has staying power in politics and business. Our topic from Monday morning’s news is a leadership style that never goes away, despite its remarkably poor record: dictatorship. While the relevant news is usually about nations, the issue arises often in business, as anyone with much organizational experience knows well.…

CBS, Viacom Directors Fell Down on the Job Amid Sumner Redstone’s Decline

  When you buy stock in a company with a controlling shareholder, you’re just along for the ride. After a judge abruptly dismissed a lawsuit over Sumner Redstone’s mental competency on Monday, casual observers may conclude that the issue is settled – that at least in the view of Judge David Cowan, Redstone is competent.…

How Paul Ryan Stumped Trump

Trump badly needs Ryan’s endorsement to gain stature with conservatives. Who’s got more power at this moment, Donald Trump or Paul Ryan? To put it another way, which one needs the other one more? We’re watching a fascinating exercise in the use of power, which will continue on Thursday morning when the two men meet…

Philippines’ Election Puts the Disturbing Power of Bullies on Full Display

It’s often said that bullies are the biggest cowards, and Rodrigo Duterte is a stellar example. Sometimes a leader’s most important job is leading people where they don’t want to go. That was the theme of John F. Kennedy’s Profiles in Courage, and many historians have made the same point. For a reminder of how…

Why We Should Care About the Autonomous Robot That Just Performed Surgery on a Pig

Leaders will need to decide which workers should be replaced by tech, and which ones shouldn’t. Most business leaders would not normally concern themselves with a news report about surgery on porcine innards. But on Friday morning, they all should do so because it takes us quickly to a question they’ll all have to confront:…

Why We Should Care About the Autonomous Robot That Just Performed Surgery on a Pig

Leaders will need to decide which workers should be replaced by tech, and which ones shouldn’t. Most business leaders would not normally concern themselves with a news report about surgery on porcine innards. But on Friday morning, they all should do so because it takes us quickly to a question they’ll all have to confront:…

Say Goodbye to The Donald Trump of London

There are plenty of similarities between Boris Johnson and Donald Trump, but they’re misleading. On Thursday, we say goodbye, metaphorically, to London Mayor Boris Johnson. After two terms, he is not running (or standing, as they say over there) for a third in Thursday’s election. He gets scant attention in the U.S., but he deserves…

Trump and Cruz Turn Their Backs on Ronald Reagan

Any hope of uniting the Republican Party behind Donald Trump is gone. Remember Ronald Reagan’s commandment? “Thou shalt not speak ill of another Republican.” What innocent days those now seem. On Tuesday, the Republican Party approached self-immolation, though that sounds rather final, and we surely have not come to the end of the story. The…

Putting Marissa Mayer’s $55 Million Potential Exit Pay Into Context

  It’s the time of year for wailing over excessive CEO pay, and sometimes it is entirely justified. Our topic this morning is how much CEOs are worth, which is in the news and will be more so as proxy season progresses. Most noted was Friday’s SEC filing by Yahoo yhoo reporting that CEO Marissa…

Stars Align for a Clinton-Trump Showdown in November

  And that should be great news for Hillary Clinton. The utterly dominant storyline across the media on Monday morning is that Donald Trump is now inevitable as Ted Cruz weakens and grows desperate. These storylines are important because they become self-reinforcing in media coverage, influencing voters and donors. Only actual news, such as voting…