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Unexpected Leadership Lessons that Mobsters Can Teach Lawful Leaders

Leading Blog

He is a globally recognized microeconomist and author of seven books and has taught organizational economics, accounting, and finance at the University of Rochester’s Simon Business School for more than forty years. Zimmerman , Ph.D., is the co-author of Relentless: The Forensics of Mobsters; Business Practices.

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Are CEOs Overhyped and Overpaid?

Harvard Business Review

How much do CEOs actually matter? Although such sentiments may not apply to most CEOs, even the anonymous CEO still benefits from the impulse: Most CEOs worldwide earn between 50 and 100 times more than the average worker. The CEO-to-worker pay ratio in America is even bigger, at 350:1.

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Performance-Based Pay for Executives Still Works

Harvard Business Review

And while it’s true, as they write, that “large bonuses and stock options have been held responsible for overly risky behavior and short-term strategies,” I know of no peer-reviewed evidence that the crisis was actually due to poor incentives, and their article cites none. Thus, while poorly designed incentives (e.g.

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Are Business Schools Creating Higher-Ambition Leaders?

Harvard Business Review

Recently, my colleagues and I interviewed dozens of these higher-ambition CEOs , all of whom taught us a valuable lesson: integrity is at the heart of great leadership. Higher-ambition CEOs know who they are, and how they lead and run their companies reflects their personal values and principles. Personal Integration.