Management & Strategy
MSCI: highly paid CEOs are bad supervisors - 07/27/2016
The most well-paid CEOs often head least efficient companies, shows new study of MSCI. The study examined almost 800 payouts of General Directors of 429 largest US companies during the period from 2005 to 2015. The researchers also took into account income of these companies’ shareholders over the same period. The study found that during 10 years, $ 100, invested in shares of 20% of companies...
Empathy is the new management - 07/08/2016
Until recently, Aaron Gibson, managing one of YMCA’s regional offices, could not call myself a sensitive leader. He regarded himself as a pragmatic leader with high standards. Many employees in dismissals complained of his sharp and unceremonious style of communication. Everything changed after Gibson has got an intensive empathy training. He realized that he did not understand his staff....
Universum: Google is the most attractive employer - 06/29/2016
Universum research firm released a ranking of the world’s most attractive employers for students. In 2016, Google once again took first place in the list of most desirable jobs for students of business, IT and engineering areas. To compile the ranking, Universum’s experts surveyed nearly 267 thousand students from 12 countries - the largest economies in the world. These are Australia, Brazil,...
Brexit threatens wages of bankers - 06/23/2016
If the UK residents vote for the country's withdrawal from the EU, many of London's banks will have to partly transfer their activities to headquarters in continental Europe. This would reduce salaries of bankers, as payoffs in Paris and Frankfurt are much lower than in London. Gap in wages of banks’ top managers is the widest; it exceeds 40% in some cases. According to emolument.com website...
Top 5 most innovative universities in Europe - 06/15/2016
At first glance, the most innovative universities in Europe have little in common. Some of them are Catholic, some are secular state organizations; private institutions are also included in the list. However, there is one common feature: they all emphasize importance of empirical research and applied science against purely academic science. List of the top 100 most innovative universities in...
George Soros is back on the market - 06/09/2016
The US media are reporting that famous investor George Soros returned to the personal participation in auctions after a long hiatus. He started buying gold and shares in gold-mining companies, believing that this way he will be able to coin money in a weak economic activity. Well-known investor and financier George Soros, who have not personally participated in the exchange auctions for several...
Compensations of S&P 500 CEOs are not linked to their companies' performance - 06/08/2016
There are six industries, which include electricity and diversified financial services, where general directors have the highest incomes and yet their companies deliver the worst results. Other seven sectors, including pharmaceuticals and retail trade, are managed the most efficiently but their CEOs are lowest-paid. According to ISS Corporate Solutions, over the past five years yield of...
Credit Suisse liberates its staff from work on Friday nights - 06/02/2016
Credit Suisse has ordered its staff to leave work on Friday no later than seven in the evening, and do not return until at least lunch on Saturday. Only preparing for a major transaction can justify staying late at the office. Employees from departments of investment management and EMEA capital markets were said to leave jobs on Fridays no later than seven o'clock in the evening, sources in the...
Personnel assessment hinders teamwork and enhances staff anxiety - 05/27/2016
Goldman Sachs will no longer rate its employees on a productivity scale of one to nine. Instead, the bank employees are now asked to constructively communicate with management. Goldman Sachs banking group has decided to change method of employees’ performance evaluations. In June, the company will cease to assign ratings on a scale of one to nine. In the autumn, Goldman will begin testing an...
Jobless thanks to robots: will automation oust people from factories? - 05/26/2016
Foxconn company, assembles iPhones Samsung smartphones in China, replaced 60 thousand employees of one of its production enterprises, located in Jiangsu Province, with robots. According to South China Morning Post referring to a local official, number of employees at Foxconn factory in the county was cut down from 110 thousand to 50 thousand people as a result of the production automation....
