Tag Archives: compensation

Six Essentials to Cultivating an Innovation Culture

A decade ago, I was invited to coach a group of Nokia’s fast-rising superstars. Thirty-five “high potential” managers flew in to Palo Alto, California to network, sample local wines, and focus on innovation. At the time, Nokia seemed unstoppable. Growth was in the double digits. “The company sells five phones every second,” gushed Fast Company in a profile.

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Boardroom Burnout: Is there a pill for that?

Practical tips from board members on how to avoid wearing-out your directors! The challenge: It’s no secret that there are an increasing number of demands on boards. Directors are expected to keep abreast of the organization’s business model, performance, strategic challenges and risk environment, understand the industry, understand the legislative environment, be knowledgeable of and ensure compliance with regulatory and reporting requirements and changes, evaluate the CEO and board’s performance, has a compliant and effective compensation program, be current on applicable accounting rules and ensure that the organization has a solid succession plan and effective culture.

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How Compensation Models Work Against Innovation

I’ve asked myself, and many other people in the innovation space, why innovation seems to be so beneficial on its face and yet so difficult to accomplish. I can’t think many CEOs who aren’t actively talking about innovation and the need for more innovation in their organization. I can’t think of many people who don’t want to see their firms ...

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