It was reported that the average chief executive pay was 179 times the average pay for workers in 2005, which was up from a multiple of 90 in 1994. Considering an inflation adjustment the average total pay for the worker rose by only 8 percent in the time period from 1995 to 2005, while for [...]
Posts Tagged ‘Economic crisis’
Key Business Characteristics for Surviving and Thriving in this Recession
QUESTION: In a recession some businesses will survive and some will not. What will help you to survive? Will it be the way you run your business, or perhaps it will be sector you are in. And what personal characteristics will help you best handle these challenges?
How effective are Business Management Systems in orchestrating healthy Strategy and Scorecard development?
Recent Harvard Business Review blogs have suggested that the business schools are part of our economic problem. I agree! In my opinion, our business management system is broken and needs reinvention – now! If they weren’t we would not have the problems that we are currently experiencing.
Why Companies Fail and Resolution
Gary Hamel in a Harvard Business Review (HBR) article “Why Companies Fail — Part I” describes the General Motors bankruptcy filing causes. He talks about how GM committed suicide in degrees. Poor quality, an unhealthy labor environment, lack of a coherent brand identities, poor power-trains, supplier relations that were adverse, and poor resale values were [...]
The Fallacy of Financial Metrics and Resolution
The Harvard Business Review in, “The Fallacy of Financial Metrics,” describes how both entrepreneurial and larger companies often spend too much time focusing on the desired financial performance target, rather than the inputs that drive those numbers. Because boards, investors and management want to have an objective way to measure performance the tendency is often [...]
