CEOs are racing to adopt new technology and develop the talent they need to lead a Manufacturing Renaissance.
Have you held back on growing your business in a specific geographic area or business category because you don’t have any people on hand with expertise in that area? Perhaps you’re looking to innovate and really think outside the box, but your existing staff is coming up with ‘the same old ideas’. Do you know where your customer opportunities lie?
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Two separate studies of the backgrounds of new CEOs came to one notable and perhaps surprising conclusion: Boards are hiring internal candidates for a record share of CEOs at American companies.
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Several news articles of late have been broadcasting reductions in CEO pay, particularly in the area of stock and bonuses, due to poor quarterly or annual results. This is the lowest reduction since the Great Recession, The Wall Street Journal reports.
While the majority of private companies understand the value of incentive-based compensation, most still fail to harness their potential, according to Chief Executive’s recent CEO and Senior Executive Compensation Report for Private Companies.
Between 50% and 70% of organizational change initiatives fail—and that’s just criminal, says Bill Pasmore, author of Leading Continuous Change: Navigating Churn in the Real World.
The post Why CEOs Are Partly to Blame for Companies Failing to Change appeared first on ChiefExecutive.net | Chief Executive magazine.
Media reports have the Hartford, CT-based insurance giant, which publicly protested Connecticut’s 2015 tax hike, mulling a possible Beantown relocation.
Despite the frenzied rise in shareholder activism that challenges the decisions of long-sitting board members individually and collectively, a new study of tenures shows most large companies increasingly governed by long-sitting board members.
The post Surprisingly, Director Tenure Remains Long at Most Companies appeared first on ChiefExecutive.net | Chief Executive magazine.