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- the discipline of managing people in an organization.
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- An Important Message: Get People Connected
- For those of us who write about business, every once in a while, a book or an article comes along that seems so simple on some levels yet communicates great wisdom. "The Connection Culture: A New Source of Competitive Advantage" is one such work. Here's a link to the download. The author is Michael Lee...
- Blog posts 2008-03-17
- Why Bill Gates Is Wrong on H-1B Visas
- This is an extremely complicated issue, and it's been around for years, but let's talk some common sense about H-1B visas. Bill Gates went before Congress this week to try to make it easier for companies to hire foreign tech workers, using this visa status. Essentially, companies can bring in...
- Blog posts 2008-03-13
- Memo to Michael Dell: CEO Sharing Doesn't Work
- Dear Michael, Remember when I came down there to Round Rock and interviewed you and Kevin Rollins almost five years ago? It was for Chief Executive magazine. Basically, I believed you and Kevin when you told me that it was possible for two people to share the...
- Blog posts 2008-02-29
- Nell Minow: What Went Wrong at Citi, Merrill
- Nell Minow, editor of The Corporate Library, has been a gadfly and corporate critic for many years. Her No. 1 issue these days is compensation for chief executive officers. And she's right that mismanagement of CEO compensation played a role in what went wrong at the top of some of...
- Blog posts 2008-02-21
- Mad in Seattle: Microsoft's Proxy Fight Is All Wrong
- I know this marks me as oh-so-last century, but one American military officer fighting in Vietnam was quoted as saying, "We had to destroy the village to save it." In other words, to prevent the village from falling into the hands of the Commies, it had to be torched. ...
- Blog posts 2008-02-20
- The Myth of Splitting the CEO/Chair jobs
- By now, it's the perceived wisdom that people who are chief executive officers should not also be chairmen of the board. Institutional Shareholder Services and all sorts of rating agencies state, with complete conviction, that the job should be split--at all times, and at all companies. But...
- Blog posts 2008-02-15
- What the Technology Future Holds: The View From McKinsey
- Three partners from McKinsey based in San Francisco and Silicon Valley have written a very provocative article on future technology trends. It's well worth a look. They examine eight trends, but the one that rings home with me is called "distributing cocreation." Basically, they are predicting that...
- Blog posts 2008-02-13
- Study: Many Directors Think CEOs Are Overpaid. Will They Fix It?
- CEO pay is "too high in most cases," say about one in three directors of U.S.-based public companies in a just-released survey by Heidrick & Struggles International and the Center for Effective Organizations CEO at the University of Southern California's Marshall School of Business. The survey also found...
- Blog posts 2008-02-05
- Did Meg Whitman Fail?
- This is a tough question to ask because Meg Whitman has been a legendary Silicon Valley CEO for 10 years and one of America's leading women CEOs, but ask it we must: does her expected departure from eBay at the age of 51 signal a management failure on her part?...
- Blog posts 2008-01-23
- Eliot Spitzer's Legacy on Trial
- As per an article in today's Wall Street Journal, the trial in the case of how American International Group AIG and Chairman and Chief Executive Maurice "Hank" Greenberg allegedly manipulated earnings is finally starting. Facing criminal charges are five executives of AIG and Warren Buffett's General Re Corp., which allegedly...
- Blog posts 2008-01-07
- CEO Comp: Their Personal Assets Should Be At Risk
- I'm indebted to Thomas Kirchner, a fellow business commentator, who has a radical idea. If the goal of organizing a CEO's compensation is go give him or her a real personal stake in how the business performs, why not look at how Porsche has structured the compensation of CEO Wiedeking?:...
- Blog posts 2007-12-27
- The Coke Board Gets It: A Lesson in CEO Succession
- Bravo to the board of Coca-Cola and Chairman and CEO Neville Isdell: This is how to handle CEO succession. Isdell, who is 64, announced he would step down as CEO and turn over the reins to Muhtar Kent, 55, who had been serving as president and chief...
- Blog posts 2007-12-10
- One Culprit in the CEO Pay Fiasco: Compensation Consultants
- For anyone who wonders how compensation for CEOs reached today's stratospheric heights, consider the role of compensation consultants such as Hewitt, Mercer Human Resources, and Towers Perrin. These sorts of companies often have millions of dollars a year of business with major Fortune 500 companies involving all...
- Blog posts 2007-11-28
- Five Big Challenges for CEO Compensation Committees
- As thousands of public companies contemplate the 2008 proxy season, which will once again center around the issue of CEO compensation, here's what smart comp committees ought to be thinking about: Get the math right. How can you get the resources and information to really get a...
- Blog posts 2007-11-15
- Lucent-Alcatel: Why Cross-Cultural Mergers Are So Tough
- If you're ever tempted to undertake a cross-cultural merger or acquisition, think real hard about it. Very hard. Lucent's merger with France's Alcatel is a case in point. Although much ballyhooed when Lucent CEO Pat Russo and Alcatel CEO Serge Tchuruk reached the deal 18 months ago,...
- Blog posts 2007-11-01
- The Ownership of Glass Lewis Is All Wrong
- Glass Lewis & Co. is one of the cops on the beat. Although not as powerful as Institutional Shareholder Services ISS, Glass Lewis' ratings of companies and their corporate governance practices really matter. And in contested proxy battles, many investors turn to Glass Lewis for its opinion. ...
- Blog posts 2007-10-29
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