Remove Company Remove Ethics Remove Incentives Remove Price
article thumbnail

Differentiation’s Arch Enemy: Price

In the CEO Afterlife

Last year, EU regulators fined P&G and Unilever to the tune of $456 million for price fixing laundry detergents in eight European countries. Collectively, these giants employ 300,000 people, the vast majority of which are committed to delivering results, ethically. Henkel, their competitor blew the whistle on the cartel.

Price 162
article thumbnail

Why Price Fixing Continues

In the CEO Afterlife

Last year, EU regulators fined P&G and Unilever to the tune of $456 million for price fixing laundry detergents in eight European countries. Collectively, these giants employ 300,000 people, the vast majority of which are committed to delivering results, ethically. Henkel, their competitor blew the whistle on the cartel.

Price 148
Insiders

Sign Up for our Newsletter

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

article thumbnail

Executives Most Likely To Cheat During Good Times

The Horizons Tracker

Indeed, the researchers even suggest that the economic conditions we encounter when entering a role can provide an ethical baseline that endures. The researchers looked at over 2000 CEOs of US companies who had received non-scheduled stock option grants between 1996 and 2005. Driving misconduct.

article thumbnail

Why is it so darn easy to say NO?

Women on Business

Being helpful comes with a price, and the price is more work. How much better would our interactions with companies become? What if service people were given incentives for the “yes” answers they gave to customers and were docked pay for their “no” answers? Will you make an exception and do this for me just this once?

article thumbnail

Research: Whistleblowers Are a Sign of Healthy Companies

Harvard Business Review

The whistleblowers weren’t able to halt their companies’ declines and—in some cases—faced punishment for calling attention to internal misdeeds. Looking at these examples, it would be easy to say that whistleblowers have little impact on how companies both conduct themselves and weather corporate storms.

Company 11
article thumbnail

The Big Picture of Business – Quality is Important for Business: Real Quality vs. Arbitrary Metrics

Strategy Driven

They must view the company as a consumer would… being as discerning about buying their own services as they are about fine dining, premium clothing, gifts for friends, a car or a home. Thinking that quality needs apply to some other department, company or industry, not your own. Payroll is the biggest overhead item.

Quality 50
article thumbnail

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. CEO incentives have traditionally been evaluated against objective data — also labelled “hard.” Should soft measures be part of a CEO’s scorecard?

TSR 9