Self-dealing, essentially, occurs when managers run companies to line their own pockets instead of those of the companies' owners. It's been a perennial problem in American capitalism and became a real dilemma when America moved toward a model in which corporations would be run by professional managers who had only small ownership stakes.
Being a president is being a CEO, essentially.
Companies the size of PepsiCo is like running a little republic, there is no question about it. The only difference is that I don't have to worry about the media hounding me every day, on every word that I say. I have a board of directors that runs the country in the interest of the stake holders.
Sometimes I hear news about the huge dollars involved with CEO pay and corporate-management salaries, and I'm mystified at how someone can justify taking that much at the cost of other people's livelihoods. In a bizarre way, I'm almost kind of curious, like "How can they absolve themselves and enjoy their wealth?" I don't understand it.
I believe Washington should be a more active participant focusing on the issue of why corporate shareholders and mutual fund shareholders are not given fair treatment by corporate management and mutual fund management. We need to develop a national standard of fiduciary duty to ensure that these agents, if you will, are adequately representing the principles - pension beneficiaries and mutual fund shareholders - whom they are duty bound to serve.
Being the puppet master, it's like running Nintendo of America.
WWE had years to develop and train their staff. WWE makes sure the production team got exactly what Vince McMahon was looking for and how he wanted it.
The best discussion of trouble in boardroom and business office is found in newspapers' own financial pages and speeches by journalists in management jobs.
If I wasn't an actress I would run a fortune 500 company.
The average member of the public thinks of 'business' as an impersonal corporate entity, owned by the very rich and managed by over-paid executives.
That has been the average perception well into the 21st century.
Americans are sick of the idea of the government taking over everything and trying to run it. We don't know how to run a bank, a car company.
In McKinsey's world, all of life is one of two things: strategy or organization.
I have certain beliefs about how people should treat employees and how companies should be run, but I was really surprised though this process to learn that those beliefs are actually good business.
No 27-year-old has the experience to run a company that does a quarter of a billion dollars a year in sales.
My brands are an extension of me. They're close to me. It's not like running GM, where there's no emotional attachment.
I managed Hewlett Packard through the worst technology downturn in 25 years, the dotcom bust.
I would love to be a corporate leader.
If the only common thread you have as an industrial company is the fact that you think you're well managed, you can still be a pretty good company, but you're not going to be a dominant company, a competitive company over time.
I grew up in the IBM school of management.
The great power in America is the corporations - we're a corporate country. We're run by a CEO and the stockholders have very little to say on how the corporation is run. Fine, the board of directors run it and the stockholders can just be disgruntled, but who gives a damn?
Shareholder activism works when activists understand something about the characteristics of the business that the board doesn't.
[Describing her role:] It's like running a big corporation and a little country at the same time.
You could transfer Congress over to run Standard Oil or General Motors, and they would have both things bankrupt in two years.
As the Executive Chairman of 'Breitbart News' with a long run in business and finance, I can tell you, it's hard to run a company that is infinitesimally smaller than Fox; it takes a steady and experienced hand.
Roughly speaking, I think it's accurate to say that a corporate elite of managers and owners governs the economy and the political system as well, at least in very large measure.