Tag Archives: overpaid executives

No More Executive Bonuses!

Henry Mintzberg, wrote an excellent article for the Wall Street Journal today, No More Executive Bonuses! Don’t pay any bonuses. Nothing. This may sound extreme. But when you look at the way the compensation game is played – and the … Continue reading

Posted in Deming, Management, Performance Appraisal | Tagged , , , , , , , | 5 Comments

CEO’s Castles and Company Performance

Where are the Shareholders’ Mansions? CEOs’ Home Purchases, Stock Sales, and Subsequent Company Performance by Crocker H. Liu, Arizona State University and David Yermack, New York University – Stern School of Business We study real estate purchases by major company … Continue reading

Posted in Data, Economics | Tagged , , , , | 3 Comments

Narcissistic Cadre of Senior Executives

In yet another voice against the looting mentality of the current crop of executives Chris Bones, dean of Henley Business School writes a A crisis of confidence? This has resulted in the creation of a narcissistic cadre of senior executives … Continue reading

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Another Year of CEO’s Taking Hugely Excessive Pay

I continue to do my part to publicize the abusive CEO pay packages that the current crop of unethical CEO’s, and those sitting on corporate boards have supported (Tilting at Ludicrous CEO Pay 2008 – 2007 post on CEO pay … Continue reading

Posted in Economics, Management, Management Articles | Tagged , , , , , , , | 6 Comments

Management Blog Posts From December 2005

One of my long time campaigns is to raise awareness of the huge problems caused by massively excessive executive pay. As I said in my December 2005 post: The executive pay excesses are so great now they will force companies … Continue reading

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Looting: Bankruptcy for Profit

Looting: The Economic Underworld of Bankruptcy for Profit by George Akerlof, University of California, Berkeley; National Bureau of Economic Research (NBER) and Paul Romer, Stanford Graduate School of Business; National Bureau of Economic Research (NBER). George Akerlof was awarded the … Continue reading

Posted in Deming, Economics, Management, Systems thinking | Tagged , , , | 7 Comments

Japan Airlines CEO on CEO Pay

Nice webbast of CNN clip on Japan Airlines CEO cutting his pay to less than that of the pilots. He really seems to understand the company does not exist for him to plunder (unlike so many CEOs in the USA). … Continue reading

Posted in Management, webcast | Tagged , , , | 2 Comments

Tilting at Ludicrous CEO Pay 2008

I continue to tilt at the robber barron CEO pay packages (2007 post on CEO pay abuses). 2007 pay rank Company CEO Pay 5 Year Pay CEO % of 2007 Earnings 1 Apple Steve Jobs $646,600,000 $650,170,000 18.5% 2 Occidental … Continue reading

Posted in Data, Economics, Management, Respect, Systems thinking | Tagged , , , , , , , | 5 Comments

CEOs Plundering Corporate Coffers

Pointy haired bosses broke the code they provided on their site for embedding a Dilbert comic, so I removed the broken code. Dogbert: “I am stepping down as CEO so I can spend more time with the money I stole … Continue reading

Posted in Management, Respect, Systems thinking | Tagged , , , , | 17 Comments

Customers Get Dissed and Tell

There are those rare companies where interacting with them is not a dreaded experience: Trader Joe’s, Southwest Airlines, Ritz Carlton, Crutchfield, Cannon, Groovix. There are not many. And even just providing something that just works is seen as a treat. … Continue reading

Posted in Customer focus, Deming, Management, Psychology | Tagged , , , , , , , , | 7 Comments