Between Promise And Performance
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Author | : Robert Walter Rogers |
Publisher | : |
Total Pages | : 175 |
Release | : 2005 |
Genre | : Management by objectives |
ISBN | : 9780976151401 |
When used to its full potential, performance management is an HR system that can provide an organization with a substantial competitive advantage. Yet it remains a much maligned, poorly used process in most companies today. For these companies it is a boring, time-consuming ritual that yields little tangible benefit, without a hint of impact on the bottom line. Realizing the Promise of Performance Management dispels the notion that performance management is an exercise in futility. Indeed, it paints the picture of an invaluable system that can underpin and permeate all organizational effortsdriving straight through to an improved bottom line. This book describes a system that can enable an organization to seamlessly execute its business and cultural strategies in full alignment with its other important HR systems, such as selection, promotion, succession planning, and compensationand it can be done in todays intense business environments. Realizing the Promise of Performance Management presents more than a dozen case studiesdepicting how some of the best-known global companies have leveraged their performance management systems to retain top talent, invigorate their workforces, reduce turnover, align capabilities, and grow their business. Drawing on lessons learned from more than 30 years experience with hundreds of companies, Robert W. Rogers presents a strong case for the whys of performance managementwhy spend time doing it right, why insist that senior executives model the process, why track how well the system works, and most of all, why demand that managers become skilled users of the system. In other words, why will an effective performance management system give your organization a competitive edge? Ultimately, as youll see by reading this book, because it will get results.
Author | : United States. Federal Communications Commission |
Publisher | : |
Total Pages | : 1068 |
Release | : 1970 |
Genre | : Communication policy |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 536 |
Release | : 1900 |
Genre | : |
ISBN | : |
Author | : Lucian A. Bebchuk |
Publisher | : Harvard University Press |
Total Pages | : 308 |
Release | : 2004 |
Genre | : Business & Economics |
ISBN | : 9780674020634 |
The company is under-performing, its share price is trailing, and the CEO gets...a multi-million-dollar raise. This story is familiar, for good reason: as this book clearly demonstrates, structural flaws in corporate governance have produced widespread distortions in executive pay. Pay without Performance presents a disconcerting portrait of managers' influence over their own pay--and of a governance system that must fundamentally change if firms are to be managed in the interest of shareholders. Lucian Bebchuk and Jesse Fried demonstrate that corporate boards have persistently failed to negotiate at arm's length with the executives they are meant to oversee. They give a richly detailed account of how pay practices--from option plans to retirement benefits--have decoupled compensation from performance and have camouflaged both the amount and performance-insensitivity of pay. Executives' unwonted influence over their compensation has hurt shareholders by increasing pay levels and, even more importantly, by leading to practices that dilute and distort managers' incentives. This book identifies basic problems with our current reliance on boards as guardians of shareholder interests. And the solution, the authors argue, is not merely to make these boards more independent of executives as recent reforms attempt to do. Rather, boards should also be made more dependent on shareholders by eliminating the arrangements that entrench directors and insulate them from their shareholders. A powerful critique of executive compensation and corporate governance, Pay without Performance points the way to restoring corporate integrity and improving corporate performance.
Author | : Samuel Williston |
Publisher | : |
Total Pages | : 2676 |
Release | : 1920 |
Genre | : Contracts |
ISBN | : |
Author | : Jerry Yudelson |
Publisher | : Routledge |
Total Pages | : 284 |
Release | : 2013 |
Genre | : Architecture |
ISBN | : 0415606292 |
Provides the first comparison of green building performance, using cost and energy use data that has been verified by independent third parties.
Author | : Douglas J. Whaley |
Publisher | : Aspen Publishing |
Total Pages | : 832 |
Release | : 2023 |
Genre | : Contracts |
ISBN | : 1543838979 |
"Contracts casebook for law students"--
Author | : |
Publisher | : |
Total Pages | : 284 |
Release | : 1991 |
Genre | : Civilization, Medieval |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 1002 |
Release | : 1900 |
Genre | : |
ISBN | : |
Author | : Lester C. Thurow |
Publisher | : |
Total Pages | : 1768 |
Release | : 1972 |
Genre | : Balance of payments |
ISBN | : |