The New York Times reported recently that some companies, like Xerox, are changing the bonus structure to eliminate revenue growth as one of the criteria.
While the point is that growth is not the only important criteria … and some companies are attempting to substitute cash flow as a criterion … the value of the revenue measure is also that it is the easiest to measure and the least susceptible to manipulation. How many stories have we all heard (more…)
I have written frequently about personnel decisions and offered various references on the relative value of furloughs and layoffs. The WSJ today published another article on this subject that compares…
I have posted many items and reflections about the critical importance of regular, unbiased feedback as the linchpin to achieving accountability throughout your organization. The most recent example is the…
Business Week carries a fresh look at The Peter Principle, the seminal work that coined the phrase about people being promoted to their "level of incompetence". Still a worthy concept…
The NY Times interviewed Anne Mulcahy, CEO of Xerox on Sunday in their Corner Office segment. She offered several keen observations on a wide range of subjects that are worth considering:
