Remove Career Remove Crisis Remove Ethics Remove Incentives
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Bonus or No Bonus? | N2Growth Blog

N2Growth Blog

There is a tremendous amount of conflicting data as to whether or not incentive compensation in any form is an effective motivation tool. I personally dont feel bonuses work to promote a good work ethic. There are those who passionately argue for and against the merits of year-end bonuses. An idividual either has it or doesnt.

Blog 382
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Is Your Company as Ethical as It Seems?

Harvard Business Review

The onus for ethical behavior falls first to the employee. Here are five questions to ask: Do your company’s incentives match its policies? Most companies talk a good ethics game and even make their goals public. But it is the employee incentives that really matter.

Ethics 8
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Leadership & Political Correctness | N2Growth Blog

N2Growth Blog

I don’t know about you, but it’s almost as if we have raised a generation of leaders who feel they have a moral and ethical obligation to be politically correct – WRONG. When you find an organization in crisis, you can most times peel back the layers on poor decision, after poor decision, after poor decision.

Politics 375
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What It Will Take to Change the Culture of Wall Street

Harvard Business Review

I spent a dozen years there — a tenure that overlapped with Dudley’s — went on to work at several other firms, and then, after the financial crisis, decided to go back to school. As I reflected upon my career at Goldman Sachs, though, what stood out was the importance of its organizational structure. Compensation Ethics Finance'

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Finance Can Be a Noble Profession (Yes, Really)

Harvard Business Review

As graduates explain their career choices to family and friends, they will confront the idea that our best and brightest are wasting their talent in an industry that doesn’t do anything worthwhile. But this anti-finance sentiment is detached from the reality of the profession and obscures the promise and peril of a career in finance.

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Diversity & Leadership | N2Growth Blog

N2Growth Blog

In evaluating any relationship in the value chain I’m looking for value, talent, performance, leverage, efficiency, economy of scale, work ethic, integrity, character, discipline and many other traits irrespective of your skin color, age, etc. A sense of entitlement is not a substitute for work ethic and a desire to achieve.

Diversity 350
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Why Private Equity Still Makes Us a Little Queasy

Harvard Business Review

Such plans frequently include giving managers financial incentives to do what they should have done before — concentrating on the most promising lines, selling off dud businesses, and "leaning down" operations, often including headcount.