When Indiana passed its Religious Freedom Restoration Act (RFRA) in March of 2015, Apple CEO Tim Cook’s response was swift and unequivocal. “Apple is open for everyone. We are deeply disappointed in Indiana's new law,” he tweeted. While supporters insisted that the law was only intended to allow business owners and others to make decisions […]
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The ‘legitimacy’ of a company is based on whether outsiders consider that a company takes appropriate actions — and has the governance structures in place to ensure that it continues to take appropriate actions. One measure of legitimacy is the balance of power between the CEO and the board of directors. In general, investors and […]
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Implementing change is never easy, but for a newly hired executive working with new people in a new culture, the challenge is even greater. Understanding the current culture of the company is an important first step. What are the norms, values and beliefs of the company? Who are its informal leaders? Dissecting the company’s organizational […]
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Does a Chief Marketing Officer help a company, or is this position a ‘C’ that doesn’t earn its place in the C-suite? In 2008, an influential research study by Pravin Nath of the Drexel University (now at Oklahoma) and Vijay Mahajan of the University of Texas came to the conclusion that a CMO neither adds […]
The relation of appearance to success is no longer questioned. Various studies have shown that taller (for men) and more attractive (for both men and women) people reach higher levels of leadership, make more money, and are more respected by their peers than less attractive people. These and other measures of success, however, focus on […]
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The digital age creates a wide range of new opportunities for innovation. Examples include new marketing outlets through social media; ‘big data’ information on customers and the market; mobile devices that connect companies to customers 24/7; and apps that redefine business models. However, not all C-suite executives have a digital mindset. As a result, innovation […]
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Should a board hire a former or current CEO from another company to become the new CEO? In the past, companies tended to promote new CEOs from within, ensuring that the new chief executive had the vital firm-specific experience needed to succeed. Today, however, more boards tend to believe that someone who has successfully navigated […]
Read More… from Why Previous Experience of New CEOs Makes Matters Worse!
Research has shown the positive impact on transformational leadership on organizational outcomes. Other research has focused on character traits of effective and/or ethical leaders. A new study from Harvard University Kennedy School of Government and Clemson University explores the combination of both character and transformational leadership on organizational outcomes. The research centred on two issues. […]
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Theoretically, deferred compensation should keep executives from leaving the firm. One way to defer compensation is through unvested equity pay. After four or five years, the pay is vested. This deferred compensation plan punishes managers who leave early: they lose any unvested pay. Whether such programs actually help retention has been unclear. Some studies show […]
To study the talent management processes of an organization, a team of researchers focused on the managerial skills required for management promotion. Identification of those skills is the key element in developing effective talent management programs. Managerial skills or attributes important for promotion can be broken down into human capital and social capital. Human capital […]
Read More… from Competition Among Peers Key to Managerial Promotions
