Every week there are simply too many fascinating stories to put them all in the blog. Here's the pick of that pack. I'm pointing you to articles about problems at Wendy's (hint: it's more than those awful ads), thoughts on leadership by Lockheed Martin's CEO, CEO compensation, an interview on leadership with David Morgan, CEO of WestPac Bank, and Ace Hardware's possible change from cooperative to corporation.

From the Wall Street Journal: How Wendy's Faltered, Opening Way to Buyout
"Ms. Anderson's turbulent tenure shows how tough it is for today's CEOs to please their many constituents."We did create $2.2 billion worth of shareholder value last year," she says, referring to stock gains at both Wendy's and its Tim Hortons chain, which the company spun off in 2006. But that hasn't stopped the likes of Mr. Peltz -- who holds Wendy's shares through a hedge fund -- from pushing for major changes, or Mr. Thomas's widow and son from griping that Ms. Anderson is out of tune with customers."

From the Pittsburgh Post-Gazette: Pride, even at the copy machine
"In the information age, the traditional, hierarchical pyramid is obsolete. The world moves too fast for knowledge or power to be hoarded at the top. In place of the pyramid, we find flattened networks. In place of a model built on raw authority, we see a premium on collaboration, where feedback flows in all directions and everyone's voice can be heard.

From Forbes: More in a Day than In a Year
"As the nation prepares to celebrate a Labor Day holiday that will see the first increase in the federal minimum wage in 10 years, a new report shows that the gap in pay and compensation between workers and bosses is growing. Indeed, according to the study, compiled jointly by the Institute for Policy Studies and United for a Fair Economy, corporate CEOs 'collected as much money from one day on the job as average workers made over the entire year.'"

From CEO Forum: Banking on leadership
"Earlier this year in May when announcing its latest results, Westpac Banking Corporation posted a record interim profit. For CEO Dr. David Morgan, it was another outstanding result in a remarkable career with the bank that will finish later this year. With Morgan’s imminent retirement, it seems a good time to reflect on the approach that has brought him and the bank such success over recent years. CEO Forum interviewed Dr. Morgan in late 2004 about how he approached his role as CEO, and his thoughts and advice for CEOs remain as timely today as they were then."

From the Chicago Tribune: Ace makes case to renovate
"Ace Hardware Corp.'s board and senior management want to change the structure of the Oak Brook-based hardware retailer from a dealer-owned cooperative to a traditional corporation, a move that would give headquarters more control over its far-flung fleet of 4,600 stores."

Wally's Working Supervisor's Support Kit is a collection of information and tools to help working supervisors do a better job. It's based on what Wally's learned in over twenty years of supervisory skills training. Click here to check it out.

Request your free copy of "Meeting the Challenges of the Boomer Brain Drain: An integrated approach."

Wally Bock has helped people learn to be great bosses for more than a quarter century. His latest book, Performance Talk: The One-on-One Part of Leadership, makes learning key leadership principles almost effortless by teaching through a story and providing lists of resources for further growth.

Click here to find out more about Wally's coaching services.

For weekly tips and resources pointers, check our Wally Bock's Three Star Leadership Letter.

Click here to find out more about having Wally speak to your company or convention.