Family Secrets
Recent scandals at family-held companies such as Parmalat, Hollinger and Adelphia reinforce a common misperception that family firms operate at a disadvantage to other companies. Bain & Company’s Robin Buchanan, Cyrus Jilla and Martha Stack explain what sets the best of family firms apart from the rest.
Content: Article | Authors: Cyrus Jilla, Martha Stack, Robin Buchanan | Source: “INSEAD Quarterly” | Subject: Miscellaneous
The Seven Habits Of An Effective Board
Rarely have corporate directors faced such a deep and widespread erosion of public trust. What can directors do to affirm their role, drive board effectiveness and reclaim control over their own agenda? They can start by holding up a mirror to their own board performance, as measured against the “seven habits of an effective board.”
Editor’s Note: a slightly longer version of this article can … [ Read more ]
Content: Article | Authors: Alan Bird, Paul Rogers, Robin Buchanan | Source: “Forbes” | Subject: Corporate Governance
Making Sense of Executive Pay
What is the right way of aligning executive pay and shareholder value? First, be clear about what really drives a company’s value. Second, link pay to successful strategy execution, as well as to outperforming peers in the stock market.
Content: Article | Authors: Marcia Blenko, Orit Gadiesh, Robin Buchanan | Sources: “Bain & Company”, “Global Agenda” | Subject: Corporate Governance
Putting Your Leaders Where It Counts
Companies that systematically and continuously put the right leaders in the right jobs outperform companies that don’t-by a wide margin. In this article, the authors argue that chief executives must recognize and act on the consequences of how they deploy their best managers.
Content: Article | Authors: Alan Bird, Dean Donovan, Marcia Blenko, Paul Rogers, Robin Buchanan | Sources: “Bain & Company”, “European Business Journal” | Subjects: Leadership, Management
Starring Roles
Good Leaders don’t grow on trees. All the more reason to nurture them carefully, say partners at Bain & Co.
Content: Article | Authors: Alan Bird, Dean Donovan, Marcia Blenko, Paul Rogers, Robin Buchanan, Steve Ellis | Source: “World Link” | Subjects: Best Practices, Leadership