22.4.06

Iran, Russia reach 'basic' uranium deal - Mideast/N. Africa - MSNBC.com

Iran, Russia reach 'basic' uranium deal - Mideast/N. Africa - MSNBC.com: "TEHRAN, Iran - Iran’s envoy to the U.N. nuclear watchdog agency said Saturday the Islamic republic had reached a “basic deal” with the Kremlin to form a joint uranium enrichment venture on Russian territory, state-run television reported."

18.4.06

CEOs say how you treat a waiter can predict a lot about character - Yahoo! News

CEOs say how you treat a waiter can predict a lot about character - Yahoo! News: "Office Depot CEO Steve Odland remembers like it was yesterday working in an upscale French restaurant in Denver.
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The purple sorbet in cut glass he was serving tumbled onto the expensive white gown of an obviously rich and important woman. 'I watched in slow motion ruining her dress for the evening,' Odland says. 'I thought I would be shot on sight.'

Thirty years have passed, but Odland can't get the stain out of his mind, nor the woman's kind reaction. She was startled, regained composure and, in a reassuring voice, told the teenage Odland, 'It's OK. It wasn't your fault.' When she left the restaurant, she also left the future Fortune 500 CEO with a life lesson: You can tell a lot about a person by the way he or she treats the waiter.

Odland isn't the only CEO to have made this discovery. Rather, it seems to be one of those rare laws of the land that every CEO learns on the way up. It's hard to get a dozen CEOs to agree about anything, but all interviewed agree with the Waiter Rule.

They acknowledge that CEOs live in a Lake Wobegon world where every dinner or lunch partner is above average in their deference. How others treat the CEO says nothing, they say. But how others treat the waiter is like a magical window into the soul.

And beware of anyone who pulls out the power card to say something like, 'I could buy this place and fire you,' or 'I know the owner and I could have you fired.' Those who say such things have revealed more about their character than about their wealth and power.

Whoever came up with the waiter observation 'is bang spot on,' says BMW North America President Tom Purves, a native of Scotland, a citizen of the United Kingdom and Northern Ireland, who lives in New York City with his Norwegian wife, Hilde, and works for a German company. That makes him qualified to speak on different cultures, and he says the waiter theory is true everywhere.

The CEO who came up with it, or at least first wrote it down, is Raytheon CEO Bill Swanson. He wrote a booklet of 33 short leadership observations called Swanson's Unwritten Rules of Management. Raytheon has given away 250,000 of the books.

Among those 33 rules is only one that Swanson says never fails: 'A person who is nice to you but rude to the waiter, or to others, is not a nice person.'"

17.4.06

ABC News: Exxon Chairman Gets $400 Million Retirement Package Amid Soaring Gas Prices

ABC News: Exxon Chairman Gets $400 Million Retirement Package Amid Soaring Gas Prices: "Last year, Exxon made the biggest profit of any company ever, $36 billion, and its retiring chairman appears to be reaping the benefits."