"Don't Incent Managers to do Stupid Things"

Enclosed is a recent opinion article by Geoff Colvin @ Fortune re: executive compensation (http://bit.ly/93FeQ4). While the focus of the article is the compensation for big-company CEOs, the lesson is one we can all learn from: incentives and pay plans will drive behavior. It echoes the words of Sherron Watkins that I wrote about in my blog. Are your pay plans driving the behavior and results that are important to your business?

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Smart article, thanks for sharing! I particularly agree with how important it is to make CEO's think more like shareholders.

Posted anonymously on May 3, 2010 - 1 Votes - Flag this post

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semerson
Posted on May 1, 2010
Experience:Veteran

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