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Compensation and the Myth of the Corporate Superstar

Harvard Business Review

The public is up in arms about some of the big bonuses being paid to the CEOs of big bailed-out banks. The boss of Britain's RBS, one of the biggest casualties of the banking crash, has felt obliged to turn down a $1.5 Bottom line, a compensation setting process that is reliant on peer comparisons is misguided.

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The Unnoticed Analyst: Can analytics succeed while going unnoticed.

Strategy Driven

Bob Smith (not his real name), source of the quote and Chief Operating Officer at Otis Elevator, knows that elevators tend to remain well under the radar screen until they break. In the global economy, can analytic practitioners be hugely successful in their careers while going unnoticed? Ives Sharon Drew Morgen Hank Moore Jamie P.

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A Better Metric for the Value of a Worker Training Program

Harvard Business Review

But according to the World Bank , only 30% of youth employment programs are successful, with many of those offering only marginal benefit. In a dynamic economy workers are expected to adapt, to change not just jobs but sometimes careers, to pick up new skills when necessary. And most programs have no positive effect at all.

Metrics 10
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Why We Need to Stop Obsessing Over CEO Pay Ratios

Harvard Business Review

A snapshot measure of a worker’s current pay is a poor substitute for their career pay within the firm. In addition to creating misleading comparisons between firms of different size, the pay ratio is not comparable across different industries. The best way to do this is to link pay to the long-run stock price.

CEO 9
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Healthy Habits Of Successful Leaders – An Expert Roundup

Joseph Lalonde

I follow 6 principles on a daily basis, which I know has made a significant impact on my career success. 6) Career – I’ve always known what I wanted to do and been engaged in work I truly believe in, but I’ve sabotaged myself with too much idealism and not enough business wisdom. The first principle is getting plenty of sleep.

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When Competition Between Coworkers Leads to Unethical Behavior

Harvard Business Review

In our research, recently published in the journal Human Resource Management, we found that performance evaluation schemes based on peer comparison can encourage unethical behavior. The scenario was motivated by the true story of an investment banker whose trading practices ultimately drove his bank to insolvency.

Ethics 14
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The Big Picture of Business: Been There, Done That

Strategy Driven

Their work is off-the-shelf, conforms to an established mode of operation, contains original thought and draws precedents from experience. (17 That’s what they have done for most of their careers. (2 Don’t base the business on ‘apples to oranges’ comparisons. 17 percent). 2 percent).