Harvard Business Review

FEBRUARY 3, 2014

The JP Morgan Chase board of directors has vexed the world with its terse announcement in a recent 8-K filing that CEO Jamie Dimon would receive a big pay raise — $20 million in total pay for 2013, up from $11.5 A legitimate case can be made for Dimon’s 2013 raise. million for 2012, a 74 percent increase.

Accounts 8

Accounts Banking Compensation Compliance 8

Harvard Business Review

FEBRUARY 10, 2015

is the Sustainability Accounting Standards Board (SASB) led by Michael Bloomberg and former SEC chair Mary Shapiro; with the notable presence of ex-FASB chair Robert Herz on their board. ” Singapore’s Accountancy Commission, a statutory body which promotes accounting excellence has produced an integrated report.

Banking 13

Banking Compensation Human Resources Diversity 13

Harvard Business Review

SEPTEMBER 23, 2016

According to a 2013 CEB study , “only one in four HR organizations have effectively integrated their talent management practices…with the company’s strategic objectives.” In all too many companies, how managers handle talent has no impact on their personal rating or compensation.

Manager 15

Manager Talent Development Accounts Insurance 15

Harvard Business Review

JANUARY 24, 2014

But the aforementioned Emanuel Saez, together with Thomas Piketty of the Paris School of Economics, has for the past decade-plus been using income tax records to compile a rich account of what’s been going on up there in the top 1%. Compensation Economy Ethics' grew 6.6%, adjusted for inflation.

Compensation 14

Compensation Accounts 14

Harvard Business Review

OCTOBER 24, 2014

The dissertation became a book, titled What Happened to Goldman Sachs: An Insider’s Story of Organizational Drift and Its Unintended Consequences (HBR Press, 2013). And what happened to the compensation of the typical JP Morgan managing director? The bank also went after the bonuses of the individuals involved.

Compensation 13

Compensation Banking Compliance Manager 13

Harvard Business Review

SEPTEMBER 1, 2014

of private-sector workers were union members in 2013. There are definitely industries where this account seems accurate. Compensation Diversity Economy' Now union membership is down to 11.2% of the U.S. workforce, and it’s increasingly concentrated in the public sector — only 6.7% The decline of unions in the U.S.

Education 15

Education Compensation Diversity Accounts 15

Ed Batista

MAY 7, 2023

This is initially easy because some punishments and rewards are inexpensive and readily at hand: the leader's disapproval or approval, a reprimand or praise, the loss of a bonus or a minor bump in status or compensation. I define this as a high-accountability, high-empathy culture. [9] Which works, until suddenly it doesn't.

Compliance 304

Compliance Accounts Compensation Manager 304

Harvard Business Review

OCTOBER 1, 2013

If the exchanges do a good job, most businesses may well be glad to rid themselves of administering a vexatious form of compensation that has nothing to do with their main business activities. These innovations include bundled payments and accountable care organizations. in the September 26, 2013 New England Journal of Medicine.).

Insurance 13

Insurance Hospitality Government Advertising 13

Harvard Business Review

DECEMBER 22, 2015

Pay-for-performance programs have enabled payers to hold providers accountable for performance on quality measures. More and more providers are now being held accountable for the cost of care in addition to quality. Over the past decade, patients, payers, government, and others have increasingly scrutinized the care physicians deliver.

Metrics 12

Metrics Hospitality Process Improvement Implementation 12

Harvard Business Review

JULY 24, 2017

We have hired more than 5,000 new employees since beginning the effort in late 2013.) We sat down with small groups of employees across functions and talked about everything — including leadership, operations, compensation, benefits, and staffing. This is what I learned: Ask, listen, and be transparent with employees.

Manager 14

Manager Diversity Change Management Organizational Change 14

Harvard Business Review

MAY 30, 2013

At 74% of the 1,471 companies that have voted so far in 2013, according to Equilar''s say-on-pay tracker , the "yes" percentage exceeded 90%. Only 31 companies (2%) have gotten sub-50% no-confidence votes in 2013. Driving these changes is a widespread belief that more needs to be done to hold CEOs and boards accountable.

Compensation 8

Compensation Assets Government Banking 8

Harvard Business Review

NOVEMBER 16, 2015

Lest you start to feel bad for CEOs, if anything they are more likely to be compensated for good luck than fired for bad.). Perhaps the most sweeping indictment of the idea that CEOs’ careers are shaped by skill comes from a 2013 paper by Markus Fitza at Texas A&M.

Compensation 15

Compensation Government Engineering Accounts 15

Harvard Business Review

JULY 15, 2015

We succeeded, but by 2013 we worried that we had taken our focus on results too far. “Results the Right Way” emphasized collaboration and long-term perspective, while “Lead with Integrity” pushed for accountability and humility. Accountability. We asked ourselves: What could we do differently?

Rollout 15

Rollout Operations Manager Accounts 15

Harvard Business Review

MAY 16, 2017

But her administrative assistant title — and compensation — bear little resemblance to her current work. Described by faculty as “the Hope Diamond among the many gems on staff” when received 2016 and 2013 Staff Excellence Awards. Also selectively acquire companies and unify their disparate cultures and systems.

Administration 15

Administration Real Estate Transportation Sales 15

Harvard Business Review

FEBRUARY 2, 2015

To account for this shift, we believe a more holistic approach is needed to identify the highest-value, most strategically important industries that will drive U.S. Advanced industries are our most globally competitive industries, accounting for a full two-thirds of U.S. competitiveness and growth in the 21 st century. They employ 12.3

Engineering 12

Engineering Telecommunications Energy Government 12

Harvard Business Review

MARCH 14, 2017

The existence of this parallel economy is a substantial drag on the Indian economy: According to recently released data , only about 1% of Indians paid taxes on their earnings in 2013. According to a Bloomberg report , banks were estimated to have received 14.97 trillion rupees’ worth of currency demonetized.

Banking 14

Banking Government Sales Sales 14

Harvard Business Review

AUGUST 21, 2018

.” Recruitment intensity is a shorthand term to describe everything employers can do to affect the likelihood of filling a job vacancy, such as changes in advertising expenditures, screening methods, hiring standards, and compensation. Jobs That Newly Require B.A.’s

Education 14

Education Recruitment Marketing Software 14

Harvard Business Review

SEPTEMBER 26, 2016

Early in your career — whether it’s in banking, law, consulting or accounting — you will discover that all of your colleagues are as smart and hard working as you. Vincent Tsui for HBR. You’ll learn that the key to being successful must be something else. ” Emotional intelligence matters even more today.

Banking 15

Banking Performance Review Compensation Diversity 15

Harvard Business Review

SEPTEMBER 23, 2015

A 2013 HBR article by Christine Riordan likewise reported the many ways that workplace friendship increases job satisfaction and engagement. In large organizations where manager approaches and style can vary dramatically, institutionalizing tending as a core value of the culture can help to mitigate that variability and create accountability.

Onboarding 15

Onboarding Employee Engagement Retention Advertising 15

Harvard Business Review

MAY 24, 2013

Good corporate governance is about many things — boards that act independently, robust shareholder rights, accurate accounting, reasonable and fair executive compensation, and so on. No single parameter defines good governance. It takes a village.

Diversity 8

Diversity Government Compensation Benchmarking 8

Harvard Business Review

NOVEMBER 6, 2013

However, even though China’s leaders have stated that they want a consumer-driven economy, consumption’s contribution to GDP in the Third Quarter of 2013 sat at a five-year low and investment’s share of GDP growth rose to a five-year high of 55.8%. What Needs to Change.

Balance Sheet 8

Balance Sheet Government Revenue Sales 8

Harvard Business Review

JANUARY 29, 2015

Here’s a brief account of how GE quickly scaled up a sizable software start-up within a big, successful conglomerate. ” To hit the aggressive growth targets (750 by the end of 2013 and 1000 by November 2014) Waldo had to rewrite some GE rules. Getting Started.

Software 14

Software User Experience Recruitment Scaling 14

Harvard Business Review

FEBRUARY 26, 2018

Twitter reported a loss of $79 million before its IPO, yet it commanded a valuation of $24 billion on its IPO date in 2013. In the 2016 book The End of Accounting , NYU Stern Professor Baruch Lev claimed that over the last 100 years or so, financial reports have become less useful in capital market decisions.

Balance Sheet 8

Balance Sheet Assets Revenue Accounts 8

Harvard Business Review

MAY 30, 2018

Sadly, the overall rating on a seven-point scale, where 1 is “does not have the right talent” and 7 is “has the right talent,” has not changed between the first time the question was asked in 2013 (Mean 3.4, and 2017 (Mean 3.7, 
 Understand how algorithms and data map to business problems.

Marketing 15

Marketing Advertising Sales Sales 15

Harvard Business Review

JULY 17, 2018

in 2013 to 3.7 Before 2018, it had the three standard board committees — governance, compensation, and audit — plus a technology and risk committee to cover important areas such as product risk, cybersecurity, and technological innovation. in early 2018, according to Moody’s. The Board Had No Finance Committee.

Cash Flow 8

Cash Flow Revenue Accounts Sales 8

Harvard Business Review

JUNE 20, 2018

.” He further stresses that a “professional does not merely work; he/she has to be educated and trained, (socialized) as member of an occupational domain, supervised by his/her peers and held accountable.” It found that 6 out of 10 teachers went directly into teaching after earning their undergraduate or graduate degree.

Education 8

Education Administration Accounts Compensation 8

Ed Batista

NOVEMBER 7, 2022

In 2019 I highlighted the problems of both "hard Theory X" and "soft Theory X" by contrasting their respective emphasis on accountability and empathy: In a high-accountability, low-empathy culture there's a strong emphasis on production and minimal regard for people's needs. How do you build a high-accountability, high-empathy culture?

Accounts 144

Accounts Manager Education Operations 144

UVA Darden

SEPTEMBER 24, 2022

Harris has written extensively on the topics of executive compensation and other governance-related topics. Harris worked as a certified public accountant and consultant for several leading public accounting firms in Boston and Portland, Oregon, and served as the CFO of a small technology firm in Washington, D.C.

Business Administration 125

Business Administration Administration Government Compliance 125

Chief Executive

MARCH 16, 2023

Many attribute these quotes to management consultant Peter Drucker, but, according to a 2013 article by neuro-economist Paul Zak, “Measurement Myopia,” published by the Drucker Institute itself, the attribution is incorrect. It is easier to instill a sense of accountability when results can be measured precisely against goals.

Retention 94

Retention Operations Accounts Compensation 94

Ed Batista

MARCH 25, 2023

But aren't leaders well-compensated for these pains? It's inarguable that executive compensation has risen dramatically since the 1970s. [14] But optimally peers and teammates will be there for each other when needed--and this rests upon an organizational culture that values empathy without sacrificing accountability. [36]

Compensation 201

Compensation Banking Administration Manager 201

UVA Darden

SEPTEMBER 2, 2022

Harris has written extensively on the topics of executive compensation and other governance-related topics. Harris worked as a certified public accountant and consultant for several leading public accounting firms in Boston and Portland, Oregon, and served as the CFO of a small technology firm in Washington, D.C.

Business Administration 116

Business Administration Assets Administration Government 116

UVA Darden

JULY 21, 2022

Harris has written extensively on the topics of executive compensation and other governance-related topics. Harris worked as a certified public accountant and consultant for several leading public accounting firms in Boston and Portland, Oregon, and served as the CFO of a small technology firm in Washington, D.C.

Cash Flow 111

Cash Flow Business Administration Administration Government 111

UVA Darden

AUGUST 4, 2022

Harris has written extensively on the topics of executive compensation and other governance-related topics. Harris worked as a certified public accountant and consultant for several leading public accounting firms in Boston and Portland, Oregon, and served as the CFO of a small technology firm in Washington, D.C.

Business Administration 102

Business Administration Government Administration Operations 102

UVA Darden

AUGUST 4, 2022

Harris has written extensively on the topics of executive compensation and other governance-related topics. Harris worked as a certified public accountant and consultant for several leading public accounting firms in Boston and Portland, Oregon, and served as the CFO of a small technology firm in Washington, D.C.

Business Administration 98

Business Administration Government Administration Operations 98

UVA Darden

JANUARY 6, 2023

Harris has written extensively on the topics of executive compensation and other governance-related topics. Harris worked as a certified public accountant and consultant for several leading public accounting firms in Boston and Portland, Oregon, and served as the CFO of a small technology firm in Washington, D.C.

Business Administration 52

Business Administration Administration Government Media 52

Harvard Business Review

MAY 14, 2015

Rather, it is corporate executives with their stock-based compensation who benefit. million in 2013, when realized gains from stock-based pay represented 27% of total pay, to a high of $20.1 million in 2010, when (dominated by the gains from exercising stock options) stock-based compensation accounted for 70% of total compensation.

Compensation 12

Compensation Cash Flow Benefits Banking 12

Harvard Business Review

MARCH 13, 2017

trillion in 2013, which accounted for 17% of U.S. These results suggest that policies to improve the efficiency of health care should not only focus on hospitals, as has historically been the case; they should also take doctors into account. Health care spending in the United States reached $3.2 In fact, many outcomes are worse.

Hospitality 13

Hospitality Compensation Accounts 13