Mounting losses…here’s a raise?

I was reading the Beck and Fordahl article, “CEO pay climbs despite companies struggles” when three sentences leapt off the page at me.

Rick Wagoner, CEO of General Motors, (GM) announced this month the company had to close four plants that make trucks and SUVs because of lagging demand as fuel prices soar. That followed the [...]

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Does short-term management pay?

Natalie Mizik and Robert Jacobson wrote an article entitled, The cost of myopic management for the July/August edition of the Harvard Business Review in which they explored the costs paid by the organization (and ultimately investors) when they become too focused on short-term revenue targets and begin inflating their earning by cutting expenditures. During [...]

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CEO Pay

I read an article on PC World about the rumored layoffs by IBM – the rumors are reportedly bogus – and I began to reflect on the Douglas Mattern article entitled, CEO Pay is Outrageous and It’s Undemocratic.  In particular, the following quote really stuck with me.

Business Week reports that the disparity between the ‘shop [...]

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Executive Compensation

 
Everywhere that we look we see articles, reports and blog postings about excessive executive pay.  Now, I admit that I am a bit conflicted.  I do not consider myself a greedy person, but I do believe that I am willing to accept as much as someone is willing to pay me for my absolute best [...]

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Do companies need a second in command?

  Recently I read an article written by Nathan Bennett and Stephen Miles which was published in the May 2006 issue of Harvard Business Review entitled, “Second in Command” which discusses the relationship between CEOs and COOs.  The authors point out that no two COOs have the same job description – not even two that [...]

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