Remove Accounts Remove Balance Sheet Remove Compensation
article thumbnail

Guardian Pharmacy Services Model Grows Through Today’s Obstacles

Chief Executive

We’ve been competitive in the market from a compensation standpoint, making sure we’re offering the right benefits and looking to see if the position allows some flexibility,” Morris said. That’s what has led to our success: We have, almost, 40 separate businesses with a separate P&L and balance sheet.

article thumbnail

The Single Greatest Source of Your Organizational Problems (and their solutions)

Get Lighthouse

According to Gallup's research, managers account for 70% of the variance in employee engagement. Total Motivation” creator Lindsay McGregor has noted that a clear job role can be almost 2x more important than compensation in determining productive motivation among employees once you hire and onboard them. 2) Productivity.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

If the Auditors Sign Off, Does That Make It Okay?

Harvard Business Review

After I was quoted late last year in an article on the 10th anniversary of the Enron debacle , Fastow contacted me and offered to speak to the Financial Statement Accounting class I teach at Tufts University's Fletcher School of Law and Diplomacy. And he was not compensated for his presentation to my class.). Why did he commit fraud?

article thumbnail

Venture Capitalists Get Paid Well to Lose Money

Harvard Business Review

The 2% fee is cash compensation, paid annually, regardless of VC firm investment activity or performance. Raising bigger subsequent funds allows VCs to lock in larger, and cumulative, fixed cash compensation. They raise a fund, and lock in a minimum of 10 years of fixed, fee-based compensation. Well, it depends.

article thumbnail

The Problem with the Profit Motive in Finance

Harvard Business Review

Executive compensation has been reformed significantly to align with long-term performance. Banks have developed fortress balance sheets, improving credit quality by 54 percent, increasing net income and, restoring aggregate lending to pre-crisis levels of nearly $7 trillion. . • The largest U.S.

article thumbnail

Warren Buffett's 2010 Shareholder Letter: What to Expect

Harvard Business Review

Create a corporate culture that admits problems and maximizes talent : Buffett allocates capital, monitors enterprise risk, chooses the managers, and sets their compensation. His fluency in the language of accounting gives him clear sight to judge underlying business value. billion more than their total tangible book value.

article thumbnail

Your Company Needs a More-Radical Board of Directors

Harvard Business Review

My guess is that while a poor balance sheet might cause restless sleep, it’s the thought of an incorrectly reported balance sheet that brings on night terrors. Remember the public shaming – and heavy sentences — heaped on Enron and Worldcom for their accounting (and more importantly, ethical) failures?