It is bizarre to come back to London after seven years in New York to find the UK struggling to launch 4G high-speed mobile services and European companies lagging the US. “If we do nothing in Europe, all the innovation will fly away,” José María Álvarez-Pallete, chief operating officer of Spain’s Telefónica, told an FT conference this week.
The chief executive of Brazilian miner Vale tells the FT that he admires the “painful beauty” of Peter Weir’s 1989 film Dead Poets Society, which raises more questions than it answers. Is Murilo Ferreira captivated by its tale of how an inspirational teacher can imbue students with a love of poetry, or is it the carpe diem – “seize the day” – message that attracts him to the film? More important, what do other chief executives’ film choices tell us about them?
Time was you would never have dared ask a chief executive about his or her favourite film, but this line of questioning has become de rigueur – particularly, it seems, in the UK’s Sunday newspapers. Gradually, a picture of CEOs’ favourite pictures has emerged. Read more