18 July 2009

Nooyi, Narayen among US's 25 Top Gun CEOs

Nooyi, Narayen among US's 25 Top Gun CEOs


Nooyi, Narayen among US's 25 Top Gun CEOs



The times have been rather tough for the corporate world with the economic recession hitting all industry sectors. Yet, amidst all the gloom some chief executive officers managed to help their companies tide over the crisis and remain profitable.

Two India-born CEOs -- Indra Nooyi and Shantanu Narayen -- have been named among America's 25 Top Gun CEOs for their outstanding role in turning around the fortunes of their companies during a recession.

Steve Jobs, chief executive officer, Apple, also figures in the list despite his illness, for being the driving force behind the company's innovative products.

Forbes magazine has published a list of 25 such Top Gun CEOs based on a report by Brendan Wood International, an advisory agency. The CEOs have been ranked on their ability to make smart acquisitions, expand the company's value propositions and make the business profitable.

Here's a look at some of America's Top Gun CEOs...






























Nooyi, Narayen among US's 25 Top Gun CEOs


Shantanu Narayen, CEO of Adobe Systems, is ranked 16th in the Forbes list of 25 Top Gun CEOs in the United States. The report says Shantanu Narayen, backed with vast experience, knows how to position the company in the industry.

Narayen heads Adobe, which is one of the world's largest and most diversified software companies. His leadership, technology insight and operational expertise have helped the company into new markets, and extended its product portfolio and global reach.

In 2005, Narayen co-led the $3.4-billion acquisition of Macromedia, expanding Adobe's software platform and solutions, and strengthening the company's presence in key markets.


Image: Shantanu Narayen, CEO of Adobe Systems
Photographs: Adobe Systems

Source: Rediff.com

Worlds 8 biggest employers

World's 8 biggest employers




World's 8 biggest employers



At a time when the economic crisis is forcing companies to reduce costs and cut jobs, retail giant Wal-Mart has emerged as the biggest employer in the world with a whopping 2.1 million people working for it last year, according to the Fortune magazine.

The Fortune Global 500 list ranks Wal-Mart Stores as the top company in terms of employee strength at the end of 2008.

In this slide show, we take you through world's 7 biggest companies as ranked by Fortune. Read on:

Wal-Mart: 2.1 million employees

Wal-Mart Stores, Inc runs a chain of department stores across the globe.

Founded by Sam Walton in Rogers, Arkansas in 1962, Wal-mart is the largest grocery retailer in the United States. It also owns and operates the North American company, Sam's Club.

Wal-Mart operates in Mexico as Walmex, in the United Kingdom as Asda, and in Japan as Seiyu. It has wholly owned operations in Argentina, Brazil, Canada, and Puerto Rico.

Wal-Mart's operations can be fragmented into three divisions: Wal-Mart Stores US, Sam's Club, and Wal-Mart International.

The company does business in nine different retail formats: supercenters, food and drugs, general merchandise stores, bodegas (small markets), cash and carry stores, membership warehouse clubs, apparel stores, soft discount stores and restaurants.

"In 2008, Wal-Mart racked up $30 billion in additional sales -- the equivalent of adding the annual sales of a Fortune 75 company. That growth was fueled by double-digit sales increases at international stores (US sales only grew six per cent). Wal-Mart China alone added 28 stores over the year," says the magazine about Wal-Mart.

Wal-Mart's 2009 prospects remain promising as shoppers battered by the recession shop for value, it added. The retailer has seen 7.2 per cent increase in profit at $405,607 in 2008 as compared to the previous year.

Wal-Mart's operations have often come under the scanner for its huge foreign product sourcing, low employee health insurance enrollment, resistance to union representation, alleged sexism etc.


Image: A Wal-Mart store in Toronto.
Photographs: Mike Cassese/Reuters






SOurce: Rediff.com

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