One of the things that CEOs and boards worry about the most is their executive team’s vulnerability to poaching by other companies. That’s especially true when it comes to the risk of losing top executives — even the CEO — to someone who offers...
Why has CEO compensation increased over the past several decades? This is one hot-button issue covered constantly in the media. Specifically, how CEO compensation has increased to the point where the difference between what CEOs make compared to the rest of the...
People aren’t after maximum pay–they’re after felt fair compensation. Despite what you might hear, compensation is not the primary motivator for most people. Sure, as I have written about before, some people are what I call...
Don’t miss the opportunity to motivate your team by sharing how to win that bonus. Historically, many leaders choose not to disclose the details of their bonus plan. We can all understand the desire not to make a commitment we might not be able to fulfill. It is...
Some people base their decisions on gut instinct alone; others only use data. There’s a better way. There’s a battle that occurs every day in boardrooms across the country over a single question: Which is mightier, the gut or the spreadsheet? What I mean...
Plenty of businesses show record profits and are also facing bankruptcy. How could that happen? They ignored the golden rule of business. A friend of mine recently started his own business. As a first-time entrepreneur, he asked me if I had any business advice for...
