2 Posts found for Publisher: CFO

Stock options typically vest in three or four years and allow executives to realize the full increase in the share price above the strike price of the options. The problem is that share movements alone are a poor indicator of a manager’s performance, says Richard Dobbs, a consultant with McKinsey. A McKinsey analysis of the stocks of some 400 companies determined that since 1962, more … [ Read more ]

Authors: Andrew Osterland, Robert Thomas | Source: “Down Market Big Upside” | Original Publication: CFO | Subjects: Corporate Governance, Finance, Human Resources | Company: BASF AG

Rather than the typical scenario, in which a supervisor decides whom to hire, the employees who will be the new worker’s peers make the choice. Hiring managers tend to select applicants who think like them, but that often fails to create the best group chemistry. “The hiring teams do a much better job of picking people and you’ve got people surrounding that new person who … [ Read more ]

Author: Lynn Chambers | Source: “Weaving a New Corporate Culture” | Original Publication: CFO | Subject: Human Resources