Study shows U.S. bank CEO pay dwarfs rest of world
September 28, 2009 by Brahm Canzer
Filed under Part 3 Management: Empowering People to Achieve Business Objectives
Description: You wouldn’t know it by his pay stubs, but Jiang Jianqing heads the world’s largest bank. Jiang, chairman of Industrial and Commercial Bank of China, made just $234,700 in 2008. That’s less than 2 percent of the $19.6 million awarded to Jamie Dimon, chief executive of the world’s fourth-largest bank, JPMorgan Chase & Co.
Source: Reuters.com
Date: 9/23/2009
Keys: Management, HR, ethics
Link: http://www.reuters.com/article/newsOne/idUSTRE58M2QU20090923
Questions for discussion:
- Do you think U.S. bank CEOs are fairly compensated? Explain your thinking.
- How else could compensation for these sorts of important managerial positions be decided? Explain your answer.
Xerox: A smooth CEO transition
September 21, 2009 by Brahm Canzer
Filed under Part 3 Management: Empowering People to Achieve Business Objectives
Description: Outgoing chief Anne Mulcahy and incoming head Ursula Burns discuss their historic CEO handoff.
Source: CNNMoney – video report
Date: 9/16/2009
Keys: Management, HR, strategic planning
Link: http://money.cnn.com/video/fortune/2009/09/16/f_mpw_xerox_transition.fortune/
Questions for discussion:
- Summarize the similarities and differences you can observe about these two CEOs.
- Do you find it strange that their educational backgrounds are so different? Explain your answer.
- Do you think technical knowledge is critical in order to be the CEO of Xerox? Explain your thinking.
The top 10 highest paid CEOs are…
August 17, 2009 by Brahm Canzer
Filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives
Ten CEOs take home more than $70 million in 2008, with Blackstone’s Stephen Schwarzman topping the list with more than $700 million in compensation.
Source: CNNMoney.com
Date: 8/14/2009
Keys: Management, HR, government
Link: http://money.cnn.com/2009/08/14/news/companies/highest_paid_ceos/index.htm?postversion=2009081410
Questions for discussion:
- Compensation for work done is a controversial topic and often receives great public attention when the numbers are extraordinarily large or small. What is your view of the compensation paid to these CEOs?
- Do you believe that there should be ceilings set by government (through taxes) or other regulatory bodies? Explain your thinking.
- Is there anything inherently wrong with anyone receiving high levels of compensation?
- How would you decide proper compensation for work provided? Explain your thinking.
Why AmEx laid off workers
June 1, 2009 by admin
Filed under Uncategorized
CEO Ken Chenault says his company did not cut employees to increase short-term profits.
Source: CNNMoney – video report
Date: 5/28/2009
Keys: Management, leadership, HR
Link: http://money.cnn.com
Questions for discussion:
- Reducing payroll costs is a quick way to improve profitability. What do you think about Ken Chaenault ‘s explanation for layoffs at AmEx?
- Do you think AmEx employees would consider him a good leader and manager of the firm? Explain your thinking.
