Change is good for CEO's success

According to a news report from www.usatoday.com, “The Education of an Accidental CEO is a likable business book from David Novak.”

“Don’t know him? You are not alone. Novak’s wife, Wendy, warned him that people may not want to read about a CEO they probably had never heard of,” said the story. “Novak is the energetic, charismatic chairman and CEO of Yum Brands (YUM), the parent company of KFC, Taco Bell, Pizza Hut, Long John Silver’s and A&W All American Food. It was spun off from PepsiCo (PEP) in 1997. While perhaps not as accidental as his book’s title suggests, Novak’s ambitious path to the top of the food chain wasn’t typical. By seventh grade, he writes, he had lived in 32 trailer parks in 23 states. His father’s government surveying job prompted this gypsy lifestyle. Novak credits his nomadic youth as being critical to his eventual success. He learned how to adjust to change easily, going from school to school, and how to size up people quickly without stereotyping.”

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