A wide range of definitions and conceptualizations of “management” have been offered and it is often difficult for managers to fully and clearly understand their roles within the organization; however, managers striving for effectiveness and success would do well to invest time and effort into...
Until the late 1980s, companies measured their performance almost strictly in financial terms with the focus being on whether management had made the correct strategic and operational decisions to enhance shareholder value. Since then, however, as globalization has advanced and criticism of business, particularly large...
The compensation and organizational development committee plays an essential role in setting the overall tone for the company’s philosophy with respect to rewards and incentives generally and executive compensation in particular. Among other things, the members of the committee are expected to continuously review and...