Welcome to Power Maps from Tag The Flag where we zoom out to provide unique insights about our country and the world. These graphical representations are meant to help us make sense of our surroundings and visualize themes, trends, and topics in our borders and beyond.
🗺️ POWER MAP
This past week the Harvard Business Review released its 2019 top CEO list, ranking 100 of the world’s top Chief Executives. While six CEOs in the top 10 are with U.S. companies, only two of these are also American born IBT notes. Taiwanese-American CEO Jensen Huang, who co-founded and heads graphics processor company Nvidia, was crowned the best-performing CEO followed by Marc Benioff and Francois-Henri Pinault.
Why it matters: It’s a strange new world for these Chief Executives. BTS notes that CEOs are under intense pressure to drive growth and deliver strong results while satisfying the interests of internal and external stakeholders. Capitalism itself has come under scrutiny and recently a group of almost 200 executives announced a change in corporate orthodoxy, saying through the Business Roundtable last month that they were “modernizing” the principles on the role of a corporation.
Big picture: As CS Monitor writes, “instead of a singular duty to shareholders, this growing movement emphasizes a corporate duty to “stakeholders” – not only the well-being of a company’s employees and customers but also those in global supply chains or any community affected by a company’s business practices.” Below is a list of who is performing the best under these new global standards.