Now allow me to present to you the answer to an executive solution to an old problem.
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Apple Chief Executive Steve Jobs has a problem: He's taken Apple into the phone business with the iPhone.
The executive insists that although the problem is exceptionally complex, it would be prepared to consider the possibility of providing bursaries.
This is a problem for the executive suite every bit as much as it is for the average knowledge worker sitting in his or her cube.
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Part of the problem is standard executive compensation practice.
"Whilst I am glad to see that the executive has at last woken up to the problem and is now talking about a review, the stark fact is the executive has been ignoring warnings and has presided over the unacceptable level of drug abuse in Scotland, " she said.
But feeling good about where he stands is not a problem for this chief executive.
What is news is that this might actually be a problem for Microsoft Chief Executive Steve Ballmer and crew.
According to Nasdaq Stock Market Inc. officials, Wednesday's halt was caused by a software problem in its Small Order Executive System and its quote update system by Carlsbad, Calif.
Lists "can help some people stay away, but for most people merely signing a self-exclusion list won't control that urge, " said Keith Whyte, executive director of the National Council on Problem Gambling.
"I think for the vast majority of kids it can be very good education and these are great skills to teach but it comes at a cost, " said Keith Whyte, the executive director of the National Council on Problem Gambling.
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Whether the greatest problem emerges from the Russian executive or legislative branches, there should be little doubt that the United States and its allies will shortly be confronted with a slew of serious new challenges from Moscow -- and must adjust its policies and personnel accordingly.
Lawn Tennis Association chief executive Roger Draper also believes there is a problem with betting in tennis.
To solve this problem, Voice Genesis' Chief Executive Mark Marriott started his company in October 2001 and seeded his startup with capital from the sale of his previous venture--a software e-commerce company called Brave New World that was sold to VA Linux Systems in 1997.
But that is not a problem, Volkswagen's American chief executive Jonathan Browning tells the BBC.
"The troubles we're experiencing in the U.S. and the decline in sales expectations for next year is no longer a U.S.-only problem, " said Jeff Shuster, executive director of automotive forecasting for J.
Another part of the problem is that a significant portion of executive compensation is paid in stocks and stock options, and is also awarded, in part, based on improvements in the stock price.
Fears about South Africa's crime problem resurfaced last month when the chief executive of G4S said his company, the biggest security outfit in the world, would not work at the World Cup because of security concerns.
The basic problem, which is global, is that executive pay has become unrelated to performance.
There is no doubt that Apple's iconic chief executive, Steve Jobs, is the source of the problem.
NAB's chief executive Cameron Clyne described the UK business as "a problem asset".
The problem, he says, is Microsoft Chief Executive Officer Steve Ballmer.
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"We have a number of people who want to invest in the club but the problem is that chairman Howard Wilkinson and chief executive Nick Parker are not in control of its destiny and are relying on the Co-op bank to do the right thing, " the source added.
"We all know that putting on too much weight can be a problem, " said Belinda Phipps, its chief executive.
Viglen chief executive Bordan Tkachuk told an employment tribunal he had "no problem at all" with Stella English, from Kent.
Merck's share price plunged (see chart) and in May 2005 its chief executive, Ray Gilmartin, quit over his handling of the problem.
At Citi the expense problem has gotten so out of hand that Chief Executive Charles Prince has appointed an executive whose primary mission is to hunt down cost savings.
That means by the time either Barack Obama or John McCain moves into the White House, most of the government's bailout actions will be in place, the executive branch will have unprecedented authority to deal with the financial problem, and Congress will likely send the president another economic stimulus bill to sign.
Its executive secretary, Ivy Josiah, says the authorities' response to problem cases is improving.
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