Stop Paying Executives for Performance

     
Dan Cable (top left) is professor of organizational behavior at London Business School.
Freek Vermeulen (top right) is an Associate Professor of Strategy and Entrepreneurship at the London Business School. He is the author of the book Business Exposed: The Naked Truth about What Really Goes on in the World of Business.

For chief executives and other senior leaders, it is not unusual for 60-80% of their pay to be tied to performance – whether performance is measured by quarterly earnings, stock prices, or something else. And yet from a review of the research on incentives and motivation, it is wholly unclear why such a large proportion of these executives’ compensation packages would need to be variable. First, the nature of their work is unsuited to performance-based pay. Continue reading

Why Biometrics Are Ready For Prime Time

crjpg

A Team Capital interview with Christopher Richard, CEO and Yves Chemla, CTO of United Biometrics on cybersecurity. United Biometrics recently obtained a European patent to secure its multi-biometric authentication platform for mobile and fixed devices.

“Apple and Samsung have already integrated the fingerprint identification on their mobiles,” says Christopher Richard. The CEO of United Biometrics sees this as the start of a new generation of cybersecurity. Continue reading

5 Emotional Mistakes That Destroy Teams

Teamwork is critical to success, but too many teams become dysfunctional when members don’t have proper emotional intelligence. By Will Yakowicz 

Will_Yackowicz_Portrait-_59790Success in our society is usually credited to the CEO, the president, the general, the hero who grew up an orphan and made it to the top all alone. Teamwork, though, is vastly underrated. If you want your company to be successful, you need to make sure your employees can function well together. Continue reading

The trouble with being too confident

One of the Most Important Traits Your Organisation Needs

A Team Capital interview with Mark Nichols, CEO of the renewable energy company, CH4e. Mark was formerly Group Director of Business Development for The BOC Group and Chair of their Technology Council having previously led their East Asian businesses.

mn3TC: With business evolving and globalising at an ever increasing rate, business leaders now need to understand and create opportunity across different cultures, markets, technology platforms and business models. How can enterprises and the individuals within them become best equipped to meet this challenge? Continue reading