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…. Read more »
Posts Tagged: Improving Performance through Empowerment Teamwork and Communication (p324)
Xerox: A smooth CEO transition
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… Read more »
The top 10 highest paid CEOs are…
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… Read more »
Why AmEx laid off workers
CEO Ken Chenault says his company did not cut employees to increase short-term profits. Embedded video from <a href=”http://money.cnn.com/video” mce_href=”http://money.cnn.com/video”>CNNMoney.com Video</a> 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… Read more »