Blog Archives

US CEOs not interested in Blogs, Social Media

Interesting findings:

Research conducted by the blog UberCEO.com found that only two CEOs had Twitter accounts and 81 percent of CEOs did not have a personal Facebook page.

Only 13 CEOs had profiles on the professional networking site LinkedIn. Three CEOs stood out with more than 80 connections but they were all from technology companies — Michael Dell from computer maker Dell Inc., Gregory Spierkel from technology products distributor Ingram Micro Inc., and John Chambers from Cisco Systems Ltd.

Three quarters of the CEOs did have some kind of Wikipedia entry, but nearly a third of those had limited or outdated information such as incorrect titles, or lacked sources.

Not one Fortune 100 CEO had a blog.

“It’s shocking that the top CEOs can appear to be so disconnected from the way their own customers are communicating. They’re giving the impression that they’re disconnected, disengaged and disinterested,” said Sharon Barclay, editor at UberCEO.com who runs executive PR firm Blue Trumpet Group.

“No doubt regulations such as Sarbanes-Oxley and Reg-FD make CEOs cautious about communicating freely, but they’re missing a fabulous opportunity to connect with their target audience and raise their company’s visibility,” Barclay said, referring to financial reporting regulations aimed at protecting investors.

Interestingly according to Digital Inspiration a few Indian CEOs are blogging, but if you arrange companies by size I reckon the findings might be similar to the CEO study in the US – or worse.

The Indian CEOs who are blogging are Mohan Babu (Infosys), Rajeev Karwal (Milagrow), Ajit Balakrishnan (Rediff.com), Sanjeev Bikhchandani(Naukri.com), Basab Pradhan (Gridstone), Jay Pullur (Pramati), B.G. Mahesh (OneIndia.in), Arindam Chaudhuri(IIPM), Anaggh Desai (Damas India)

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56% Believe Most CEOs Cheat on Taxes

Got this PR release over the email. Interesting findings.

Trust in Corporate America is in the tank

ORLANDO, FL (April 13, 2007) – A recent poll by MinionMonitor.com, a new site dedicated to Americans earning up to $50k/year, reports that 56% believe most CEOs cheat on their taxes. The poll was taken from April 3 to April 10, 2009.

What’s behind the headline? Anger, frustration and disappointment in big business at large are consuming America’s workers. Take Adam from Tiffin, Ohio. “Ethics have gone out the window. It’s about making a buck at any cost while thousands lose their jobs and that’s just wrong.” Adds Monica from Clearwater, FL, “The thing with AIG really got me. But they’re just one of many. The bailouts, the bonuses, the job cuts, no one seems to know what they’re doing and I don’t trust the lot of them.”

So what’s it all mean? CEOs who don’t have the trust of their employees are going to lose. Says Gretchen Hofmann, founder of MinionMonitor.com, “Too many CEOs are insulated in the big business bubble and productivity slides if they don’t have the trust of the troops. No one can afford that, especially now and this latest poll is a wake-up call.”

MinionMonitor.com is a daily opinion poll and blog dedicated to the 96 million people who earn up to $50k/year and make up the largest segment of the working population.