Remove 2012 Remove Banking Remove Ethics Remove Leadership
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Should a CEO’s Bonus Be Based on Financial Performance Alone?

Harvard Business Review

On November 9, 2016, the shareholders of Australia’s largest company, and the world’s tenth-largest bank , revolted. The Commonwealth Bank appeared to shareholders as simply putting out a fire. ” The Commonwealth Bank is one among many firms around the globe that is forging new ground.

TSR 8
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Jamie Dimon’s Pay Raise Sends Mixed Signals on Culture and Accountability

Harvard Business Review

million for 2012, a 74 percent increase. Dimon’s raise obviously has special resonance because JP Morgan’s legal woes were one of the top business stories last year as it agreed to $20 billion in payments to settle a variety of cases involving the bank’s conduct since 2005 when Dimon became JPM CEO.

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The Big Picture of Business: The Business Leader as Community Leader

Strategy Driven

In eras following downturns and scandals, it is incumbent upon good companies to go the extra distance to be ethical and set good examples. No matter the size of the organization, goodwill must be banked. Civic service is the ultimate way to steer heir apparents toward the leadership track. by Hank Moore. He has advised two U.S.

Loyalty 75
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Why Are Some Sectors (Ahem, Finance) So Scandal-Plagued?

Harvard Business Review

This escalation illustrates a significant change: highly expensive scandals across business sectors , not just in single companies, and this is reflected in the January 7th agreement by major banks to pay $8.5 Other banks are considering whether to join the agreement (e.g. Other banks are considering whether to join the agreement (e.g.

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Why Men Work So Many Hours

Harvard Business Review

In late 2012, Bank of America announced that it was preparing to add more restrictions to its work-from-home program, reportedly to increase efficiency. For upper-middle class men, notes sociologist Michèle Lamont, ambition and a strong work ethic are "doubly sacred. Increasingly, many fathers do, too. So here''s where we stand.

Morale 8
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It’s not being best, it’s setting the standard.

Strategy Driven

What high ethical ground have they achieved? If you look at the example of Bank of America, you see a century-old company who had set many standards and achieved global greatness. Copyright 2007-2012 by StrategyDriven, Inc. What about your company? What standards are they setting? Consider leaving a comment! All rights reserved.