Requiem For Yesterday's Ceo

Memo to chief executives:

No one ever said it was going to be easy. But these times truly are brutal. Competition is tougher than ever, customers more demanding, and investors want better and better performance. Look around: Even your directors are feeling the heat, and now they're beginning to ask tough questions. Your peers are tumbling at IBM, General Motors, Westinghouse. Time is running out.

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