Publications

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October 2010 (Revised October 2011)
Case

Ken Langone: Member, GE Compensation Committee

By: Suraj Srinivasan and Lizzie Gomez

On September 2003, Richard Grasso stepped down as chairman and CEO of the New York Stock Exchange, following weeks of intense public criticism over the size of his $190 million compensation package. As chairman of the committee that oversaw Grasso's payout, Ken Langone... View Details

Keywords: Accounting; Corporate Governance; Governing and Advisory Boards; Employee Stock Ownership Plan; Executive Compensation; Governing Rules, Regulations, and Reforms; Labor and Management Relations; Wages; Change Management; Energy Industry; New York (city, NY)

29 May 2006
What Do You Think?

How Important Is the “Service Sector Effect” on Productivity?

sides can't win, with better service and more satisfied employees." On the other hand, E. Hassen cautioned, that "Before criticizing, we should examine carefully the social sector effects of wage deflation and higher... View Details

Keywords: by James Heskett; Service

26 Jul 2022
Blog Post

Driving Change in Education-to-Employment

young people and companies in need of skills. Year Up’s core program offers skills training and a six-month internship in high-growth fields like IT, Business Operations, and Finance. To date, the organization has helped connect over 36,000 low-income young adults to... View Details

20 Sep 2004
Research & Ideas

How Consumers Value Global Brands

them on those dimensions while making purchase decisions. We found that one factor—American values—didn't matter much to consumers, although many companies have assumed it is critical. Quality Signal. Consumers watch the fierce battles that transnational companies... View Details

Keywords: by Douglas B. Holt, John A. Quelch & Earl L. Taylor

01 Oct 1997
News

Doing Something Real

percent) that President Nixon (that laissez-faire Republican) imposed wage and price controls, to a world where each of our kids has more computing power on his or her desk, and each of us on his or her lap, than all of Harvard had in its... View Details

Keywords: Andrew Tobias (MBA '72)

18 Feb 2009
First Look

First Look: February 18, 2009

must choose to improve an old technology (steel) or to develop a new material (carbon fiber). The decision must take into account a complicated context: increased demand for the "old" steel products made in Italy, increasing power of carbon fiber... View Details

Keywords: Martha Lagace

02 Dec 2015
What Do You Think?

What Will It Take to Achieve Gender Equality in Leadership?

ambition, and become better job and wage negotiators while choosing a partner who can help share the load of a career. The work that Amy Cuddy has, as of this date, shared with more than 28 million viewers on TEDTalks provides nuts and... View Details

Keywords: by James Heskett

27 Sep 2006
Research & Ideas

Report From Egypt: Studying Global Influences

philanthropic efforts but more often helping communities through core business practices, such as gaining flexibility to hire and fire from the union by raising wages and increasing training or helping laid-off employees start small... View Details

Keywords: by Sean Silverthorne

February 2017 (Revised May 2018)
Case

The Flint, Michigan Sit-Down Strike

By: Tom Nicholas, Christopher T. Stanton and Matthew Preble

For roughly six weeks between late December 1936 and February 1937, a major strike at several critical General Motors (GM) plants in Flint, Michigan, essentially halted the corporation’s U.S. production and resulted in significant gains for the nascent United... View Details

03 Sep 2020
Op-Ed

Why American Health Care Needs Its Own SEC

medicine. They do not know if they received good value for the money. Partially as a result of this lack of transparency, increases in employers’ health care costs have outstripped inflation and workers’ wage increases for decades.... View Details

Keywords: by Regina E. Herzlinger; Health

01 Mar 2012
News

Competitiveness at Risk

successfully in global markets while also supporting high and rising living standards for Americans. America is not more competitive if businesses succeed by paying lower wages. Actually, the need to cut wages reflects a lack of... View Details

Keywords: Roger Thompson; Educational Support Services; Educational Services

March 1995
Case

Donald Salter Communications, Inc.

By: Stuart C. Gilson and Jeremy Cott

A new CEO is hired to manage the turnaround of a family-owned newspaper publisher. In a departure from previous management, he implements a new compensation scheme that explicitly ties executive pay to market-value-based measures of firm performance. Because the... View Details

Keywords: Family Business; Transformation; Asset Management; Wages; Balanced Scorecard; Family Ownership; Motivation and Incentives; Valuation; Journalism and News Industry

08 Sep 2021
Blog Post

Socioeconomic Inclusion at HBS: Joshua Mbanusi (MBA 2021)

for an interest in the private sector and ultimately his decision to attend business school. Mbanusi founded and led an organizing initiative that aimed to connect youth to post-secondary opportunities and living wage jobs; part of a... View Details

August 2018 (Revised August 2019)
Technical Note

A Note on Compensation

By: Ethan Bernstein and Michael Norris

This note provides an overview of the important terms, concepts, and frameworks that a manager should know about compensation—whether it be their own or that of an employee. Because compensation in practice is fraught with pitfalls, this note presents an overview of... View Details

Keywords: Compensation Design; Benefits; Perks; Variable Compensation; Compensation and Benefits; Executive Compensation; Stock Options; Profit Sharing; Job Design and Levels; Labor Unions; Wages; United States