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Governance/Compliance

What CEOs Should Know About the Impact of Predictive Analytics on Staff Development and the Bottom Line

Is your organization using predictive analytics to improve the development of your staff, and then linking this data to business performance? If not, it is time to consider the question with some seriousness, because predictive analytics is already being used in your organization in the areas of sales, operations and finance. Using it in the context of fostering learning and development within the organization can create competitive advantage.

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Does Your Organizational Chart Stifle Innovation?

Sometimes the chain of command, what Vanderbilt professor Dave Owens calls the “hierarchy of no,” can get in the way of generating great ideas that can advance bold initiatives. Rhode Island based Rite-Solutions, an engineering software and IT solutions company, came up with a compelling way to deal with this challenge.

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CEOs Worry that the Government Shutdown Will Have Serious Impacts

CEOs at companies ranging from Honeywell to JetBlue Airways said that a prolonged shutdown of the U.S. government has the potential to jeopardize the economic rebound, according to a report from Bloomberg. In addition CNNMoney reports that more than a dozen Wall Street bank chiefs warned President Obama at the White House that the financial system would suffer if the shutdown and debt limit aren't resolved.

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Straight Talk About Minimum Wage Laws

California Governor Jerry Brown just signed a bill that will gradually raise the state’s minimum wage from $8/hour to $10/hour by 2016, saying it is a long overdue measure to raise the income of working families. Yet earlier in September Washington DC Mayor Vincent Gray, also a Democrat, vetoed a City Council bill that would require large retailers [read Wal-Mart] in the city to pay higher wages, a measure that had drawn national attention. Gray called the bill a "job-killer," saying it would result in the loss of thousands of jobs in Washington. So who’s right?

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Why 9 Years Is a Lucky Number for Board Director Tenure and Effectiveness

Grumbling about corporate boards -- about long-tenured directors too cozy with management, for example -- may be inevitable among investors, but new research by a young accounting scholar suggests surprisingly that at least one aspect of corporate organization suits Wall Street fine. Company performance actually rises with board tenure—but only up to a point--indicating there’s a tradeoff between knowledge and entrenchment.

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