Dashboard Driving

Dashboard Driving

Dashboard driving: running your business solely on the numbers without considering your long-term prospects or intangibles. Do you drive your car solely by looking at the dashboard, measuring your speed and fuel usage? Or do you mostly drive by looking out the window to see where you are and where you are going and possibly…

Shareholder Value Means (Outsized CEO Pay)

People Just Don’t Know the Ratio Between CEO’s Pay and Average Worker

And so the drumbeat of articles continue. There has been a couple of interesting articles but I’m going to focus on the one about the psychological research on people’s viewpoint on CEO pay. This article came from HBR.org, through Pulse/LinkedIn, titled “CEOs Get Paid Too Much, According to Pretty Much Everyone in the World”, dated…

Cracks in Shareholder Mantra

Cracks in Shareholder Mantra

Last week I saw a TED video where Nich Hanauer warned the wealthy 1% to alter their thinking about capitalism or face pitchforks. This week McKinsey came out with their 50th anniversary “magazine” where Nick Hanauer proposed capitalism needs rethinking. Unilever’s chief executive also said the capitalism needs to evolve. Then there were a couple…

Paying Bills

Paying Bills

Today an incident happened that reminded me of the times when I used to work for a Dutch IT company that will remain nameless. Apparently there were some overdue bills and the vendor was kind enough to let us know the date of expected payment or face delayed services. My boss wanted me to devise something…