Tag Archives: executive pay

Giving Executives 40% of Revenue is Insane

I have previous written on my belief that excessive executive compensation had reached the level of a deadly disease of western management (building on the W. Edwards Deming’s list of 7 deadly diseases). I named excessive executive pay and a … Continue reading

Posted in Respect, Systems thinking | Tagged , , , , , | Comments Off on Giving Executives 40% of Revenue is Insane

Top 21 Executives at Toyota Getting a Raise to a Combined US$14.9 Million

The difference between Toyota and so many other companies is obvious in many ways. One of the stark differences is how executives are paid. Toyota’s belief in a strong management system contrasts with the self worship many USA executives practice. … Continue reading

Posted in Management, Psychology, Respect, Toyota Production System (TPS) | Tagged , , | 2 Comments

Toyota Posts Record Profit: Splits $15 million in Pay and Bonus for top 21 Executives

After posting record profits of $17.9 billion Toyota proposes to increase the pay and bonus for the top 21 executives to $14.9 million. That is not as you might expect just the increase in the bonus to the CEO. That … Continue reading

Posted in Competition, Deming, Investing, Management, Popular, Respect, Toyota Production System (TPS) | Tagged , , , , , , , | 3 Comments

More Evidence of the Damage Done by Kleptocrat CEO Pay

I have been writing about the problems of overpaid executives that has lately become so bad that “overpaid executives” doesn’t capture the nature of the problem. Today I see many CEO’s are acting as kleptocrats do – taking food out … Continue reading

Posted in Management, Respect, Systems thinking | Tagged , , , , , , , | 2 Comments

Kleptocrat CEOs and Their Apologists

I am disgusted by the lack of ethical and moral fiber of many CEOs of the largest corporations (along with their cronies and apologists) in the USA. This lack comes out in many ways (see all the scandals at the … Continue reading

Posted in Economics, Investing, Psychology | Tagged , , , , , , | 2 Comments

New Deadly Diseases

Management and the economy keep evolving. Many good things happen. In the last decade the best things are probably the increased deep adoption of lean thinking in many organizations and the adoption of lean and Deming methods in software development … Continue reading

Posted in Creativity, Deming, Economics, Innovation, Lean thinking, Management, quote, Systems thinking | Tagged , , , , , , , , , | 12 Comments

Massively Unjust Executive Compensation Damages Companies and Investments

For years I have believed the massively unjust executive compensation packages have been doing great harm to American businesses. As an investor, one of the big risks that has to be evaluated is how much of the business profits executives … Continue reading

Posted in Deming, Management, Respect | Tagged , , , , , , , , | 4 Comments

Taking What You Don’t Deserve, CEO Style

The excesses to which CEO’s and their board buddies go to in taking from corporate treasuries what they don’t deserve continues to amaze me. The level to which the bad behavior is accepted is apparent in the lack of progress … Continue reading

Posted in Deming, Economics, Investing, Management, Psychology, Respect | Tagged , , , , , | 5 Comments

The CEO is Only One Person

The CEO is important but they are only one person. Rarely do they determine the success of a company. The instances where they seem to are so rare as to almost seem like just random luck. I think they can … Continue reading

Posted in Management, Systems thinking | Tagged , , , , | 6 Comments

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