{{/B}} Marketing used to be
the route to the chief executive's chair,but the world has changed.Now,says
Monika Hamori.professor of human resources at Instituto de Empresa in Madrid,it
is finance chiefs who are most likely to get the top job,though experience in
opera-tions-running parts of the companyis also essential.CFO Magazine found in
2005 that onefifth of chief ex-ecutives in America were former chief financiaI
officers,almost double the share of a decade earlier.The importance of quarterly
financial reporting,and closer scrutiny since the imposition of the
Sarbanesoxley corporategovernance act,have put CFOs in the limelightand given
them the chance to shine. Another factor in reaching the top
is whether you stay with the company you joined as a youngster.Ms.Hamori's
research looked at companies in the S&P 500 and the FTSEurofirst 300.She
finds that‘lifers’get to the top in 22 years in America and 24 years in
Europe:‘Hoppers’who jump between four or more companies,by contrast,take at
least 26 years on average to become chief executives.Insiders get promotions
that reflect their potential,because their bosses have enough information to be
reasonably confident about their ability.When executives switch from one company
to another,however,they tend to move less far up the hierarchy,the researchers
found. The time taken to reach the top is falling.The average
time from first job to chief executive fell from 28 years in 1980 to 24 in
2001.Successful executives are spending less time than they used to in each
intermediate joban average of four yearsand they fill five posts on the way
up.down from six.One reason for this acceleration is that company hierarchies
are flatter than they used to be.Another important shift is the advent of female
chief executives. 1n 2001 women accounted for 11%of bosses at leading American
companies.ac-cording to the Hamori/Cappelli survey;in the early 1980s there were
none. America is usually regarded as the home of raw
capitalism.with youthful managers hopping from firm to firm and pushing their
way to the top.But the HamorL/Cappelli study and another by Booz &
Company,a consultancy,show that Europe is a more dynamic and harsher
environ-menl than America or Japan for chief executives.For a start,European
chief executives are younger,with an average age of 54.compared with over 56 in
America.The Hamor/Cappelli study shows that 26%of American bos-ses were
lifers,compared with only 18%in Europe. The Europeans also
have a harder time once they get to the top.Booz & Company's annual survey of
chiefexecutive succession shows that 17.6%of European bosses moved on last
year.compared with 15%of Americans and 10%of Japanese.Chief executives.the
survey found,last longer in America:the average tenure over the past decade was
just over nine years.But in Europe the average tenure over the same period was
less than seven years. Moreover.a whopping 37%of changes at
the top in Europe were more or less firings,according to Booz,compared with only
27%in America and 12%in Japan.Booz puts this down to the more recent tightening
of corporate governance in Europe,Another Booz finding is common to both sides
of the Atlantic:looking back over recent years,board disputes and power
struggles lie behind a third of chiefexecutive firings.In short,shareholder
activism is making its presence felt,putting pressure on bosses to
perform.
单选题
What is true according to the first paragraph?
A.CFOs'hard work leads to their increasing chances of promotion.
B.CFOs usually have no experience in management.
C.Marketing directors no longer have the chance to get a top position.
D.Chief executives used to be promoted mainly from the marketing department.
B.They will be hard on others once they get to the top.
C.They have less job security than their American counterparts.
D.They work longer than their American counterparts.
【正确答案】
C
【答案解析】本题相关内容是第五段。第一句“The Europeans also have a harder time once they get to the top.”为段落主题句,意思是“在欧洲,身居要职以后日子更是不好过”。随后的句子讲述了他们的不易。具体的数据表明“与美国相比,欧洲的行政主管在位时间短,而且更新快”,换言之,他们的工作很不稳定。因此,C项为正确答案,意思是“欧洲的行政主管不如美国的有职业安全感”。
单选题
According to the last paragraph,
A.employees are more likely to be fired as they get higher in
position.
B.executives in Japan are more likely to get fired than those in
America.
C.corporate governance in America and Japan is too loose.
D.shareholders in both America and Europe put great pressure on the
management.
【正确答案】
D
【答案解析】本题用筛选法可以很快确定答案D。
只要正确理解本段的第一句话就可以排除A和B。第一句话的意思是“根据Booz的调查,在欧洲,高达37%的高层人事变动都多少带有被解雇的性质,而美国和日本则分别为27%和12%”。A项的意思是“职位越高的职员更容易被解雇”,与本句不符。此外,参考句中“美国和日本(的高层解雇比例)分别为27%和12%”可以判断B为错误。至于选项C,它的意思是“美国和日本的企业管理太过松散”,这并没有在本段提及,而且也不能从段中的第二句“:Booz puts this down to the more recent tightening of cor-porate governance in Europe.”作出这样的推论,所以C也不正确。D项的意思为“欧洲和美国的股东都给管理层施加了巨大的压力”,它与本段最后两句话的内容相符,为正确答案。