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Sydney Finkelstein
May 14, 2017
As a Ph.D student in the 1980s, I studied corporate proxy statements to research how much senior executives were paid. I pored through these documents to identify the highest earning managers in a company. I usually found the data in an easy-to-read table listing salary, bonus, and stock options.Try doing that today. The simple table is long gone Read more
Tags: management | management best practices
Bill Cohen head shot
February 20, 2017
Peter F. Drucker developed five famous questions that were crucial to the his approach to business. He published them in the book The Five Most Important Questions You Will Ever Ask About Your Organization.Those questions were:1. What is your mission?2. Who is your customer?3. What does your customer value?4. What results do you seek?5. What is Read more
Tags: Peter F. Drucker
Bill Cohen head shot
February 16, 2017
Peter Drucker is known as “the Father of Modern Management.” He was certainly different than other management gurus.And by the way, he didn’t like that description of his work. He preferred to be called a “social ecologist,” someone who studies how societies interact and organize themselves. But there is a little more to it.Social ecology was a Read more
Tags: Peter F. Drucker | manager | management
Bill Cohen head shot
February 9, 2017
Recently the Industrial College of the Armed Forces Association (I’m a 1989 graduate) sent me a newsletter citing an alarming statistic: 40% of new or first time executives are failing or quitting within their first 18 months, according to findings from the Center for Creative Leadership.Now this is not a new problem in either the military or Read more
Tags: Peter F. Drucker | manager