In tough times, companies are challenged with how to attract and retain good people. Good thing management expert Steve Kerr's new book explores how companies can realign reward systems to improve performance. In our continuing "First Person" series, HOW Online asks Kerr: "Is it more important to design effective reward systems during hard times than in prosperous times?"
More »What can Flint, Mich., teach us about sustainability? Long-term strength and success do not always equate to size and scale. For the "shrinking city" of Flint, being sustainable now is not about how big it can get it means thinking smaller, and that's a definition many of us may want to consider, says HOW contributor Dov Seidman.
More »Like many of you, I have followed the recent headlines related to Pope Benedict XVI's call for a "return to ethics in the global economy." I've been seeing this thinking in many arenas — and we cover it regularly on HOW Online — and I was meaningfully struck by his desire to see business reconnect with values in these troubled times, says HOW contributor Dov Seidman.
More »GM has been in the headlines lately for how they operate. Critics cite their "insular" culture as being out of touch, and the government is demanding that GM transform its corporate culture to become more competitive. That's why GM's leaders should think about leaning into the source of sustainable value in the world of 21st century business: corporate culture, says Dov Seidman.
More »Much attention has been paid to the sentencing of Bernard Madoff, and rightfully so. His behavior was monstrous. But when we talk about the times we're living in, we do ourselves a disservice if we pay too much attention to the former NASDAQ chairman who pulled off one of the largest investor frauds of all time, says Dov Seidman.
More »Steve Kerr definitely knows about reward systems, as he previously led the leadership development centers for GE and Goldman Sachs while serving as chief learning officer. And his book “Reward Systems: Does Yours Measure Up?” delves into how companies can realign rewards to improve performance. In our continuing “First Person” series, where leaders give us firsthand knowledge and experience on various issues, HOW Online asked Kerr: “How should companies put together reward systems during tough times?”
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Thomas M. Kostigen,
HOW Online contributor
It was created in 1934, but the SEC has now decided to form an Investor Advisory Committee charged with protecting investors. But wasn't this supposed to be the SEC's mission all along? asks HOW contributor Thomas M. Kostigen. A fresh start is needed. The future of capital market health relies on transparency and good governance.
More »Mellon Bank Corp, British band Radiohead and my company, LRN, have all been on a “TRIP” — an acronym for how Trust enables Risk, which propels Innovation and, ultimately, leads to Progress. The recession now provides a valuable opportunity for companies to adapt to the dynamics of 21st century business by going on a TRIP.
More »"With all the news coverage today on financial mismanagement, I can tell you from first-hand experience that there is one company that continues to prosper amid all the chaos — and I think it is worth trying to understand why," says HOW Online contributor Mats Lederhausen. The company? McDonald's, where he spent much of his career.
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Ben W. Heineman Jr.,
HOW Online contributor
The recent signing of an ethically minded “MBA Oath” by hundreds of Harvard Business School graduates is a powerful gesture, “but oaths (and codes) are empty, even hypocritical rhetoric, if they're not backed by more,” says HOW Online contributor Ben W. Heineman Jr. in a recent Harvard Business Review column.
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