■ Hiring and Firing
When CEOs get the boot
Congratulations! You have just been named chief executive. Here's a bit of advice: Don't unpack your bags. Not only is the imperial CEO a thing of the past, so, too, is the idea of the long-tenured chief executive, Strategy & Business says in its summer issue. Some 355 of the chiefs of the world's 2,500 largest companies -- that's 14 percent -- left office last year. Of that number, 111 of them "were forced from office for performance-related reasons or because of disagreements with their boards," according to the article's authors. "This is the highest level of forced resignations we have seen," they write. "It represents a 300 percent increase over 1995, the earliest year we benchmarked." The authors say that this turnover is "a natural response to today's difficult corporate environment -- continued pressure for investment returns, geopolitical uncertainties, expanded regulatory oversight and international talent wars - along with the perceived or real inability of many CEOs to deliver."
Soup Nazi Inc
In one of the better-known Seinfeld episodes, New Yorkers groveled at the feet of the Soup Nazi, a man who, depending on his mood -- and your attitude -- might or might not serve you what was described as the world's best potage. The character was reportedly based on the soup purveyor Al Yeganeh. Chain Leader, a restaurant trade magazine, reports Yeganeh now has "teamed up with seasoned food industry executives to take his famous recipes beyond New York via The Original Soup Man concept." Yeganeh's image is on all the signs and he will serve as the company spokesman. "He will not permit any follow-up or personal questions from the media, with whom he only communicates via e-mail ... Yeganeh prohibits reporters and prospective franchises from using the `Soup Nazi' phrase that made him famous."
■ Office dating
Colleages with benefits
Apparently there is a lot more going on at the office than just meetings and memorandums. Some 58 percent of workers surveyed said they had had an office romance, according to an article in the current issue of Men's Health. And 19 percent of employees reported they had dated a boss or supervisor. That number would seem accurate since 19 percent of the people in the same survey said they had dated a subordinate. Nearly four out of 10 said their company had no official policy on office romances. Some 23 percent said they had had sex in the office.
SAFETY RISK: The government is working to categorize countries based on their COVID-19 cases and prevention efforts, which would determine quarantine periods The government plans to rank countries based on their COVID-19 risks to determine how to treat tourists and other travelers from those nations once Taiwan reopens its borders, but it is still working out the categories, a top health official told lawmakers yesterday. “We would divide countries around the world into several categories. One category would comprise those countries with very few confirmed COVID-19 cases, such as New Zealand and Palau. Travelers from the countries in this category would only need to practice self-health management,” Centers for Disease Control Deputy Director-General Chuang Jen-hsiang (莊人祥) told a Legislative Yuan seminar hosted by
CASH BOOST: Foreign spouses with residency permits are also eligible for the coupons, which can be bought at post offices or linked to digital payment options Stimulus coupons for Taiwanese and foreign spouses with residency permits can be ordered starting on July 1 and can be used from July 15 to Dec. 31, the Executive Yuan said yesterday. Aimed at boosting domestic spending, the coupons worth NT$3,000 (US$100.04) are to cost NT$1,000. “For our consumers, this is a very good deal as they get three times as much value for their money,” Premier Su Tseng-chang (蘇貞昌) told a news conference in Taipei. While the coupons are to have a wide range of uses, including at department stores, restaurants, book stores, night markets, beauty and hair salons, hotels, and to
SECURITY CONCERNS: The Telecom Technology Center ran black-box tests for the Executive Yuan on devices and software from Chinese, US and South Korean firms Network devices from several Chinese manufacturers are insecure and allow personal information to be leaked, testing commissioned by the Executive Yuan has shown. A variety of devices and software, including apps, from Chinese, US and South Korean manufacturers that are used by government agencies at the central and local level were subjected to black-box testing — in which the functionality of an application is examined without knowing about its internal structure, an information-security official said yesterday on condition of anonymity. The Telecom Technology Center conducted the tests, which simulated cyberattacks, to determine their resilience to the attacks, the official said. The center
RELATIONSHIP ‘TERMINATED’: US Speaker Nancy Pelosi said that the president’s action was ‘an act of extraordinary senselessness,’ a tone Chinese media echoed US President Donald Trump on Friday announced that Washington would withdraw funding from the WHO, end Hong Kong’s special trade status and suspend visas of Chinese graduate students suspected of conducting research on behalf of their government. Trump said in a White House announcement that Chinese officials “ignored” their reporting obligations to the WHO and pressured the organization to mislead the public about the outbreak. “We have detailed the reforms that it must make and engaged with them directly, but they have refused to act,” he said. “Because they have failed to make the requested and greatly needed reforms, we will be