Compensation Consultants - Publications - Faculty & Research

12 Mar 2006
Research & Ideas

New Research Explores Multi-Sided Markets

consultant with National Economics Research Associates on high-profile antitrust cases: Microsoft and Visa, mainly. Economics consulting is very different from management consulting. It involves coming up... View Details

Keywords: by Sean Silverthorne; Technology

11 Aug 2003
Research & Ideas

Why Budgeting Kills Your Company

keep a tight rein on costs—but the dynamics of the budgeting process often undermine this effort. "In tough times like these, any significant real cost growth feels imprudent and is hard to justify for most businesses," writes Mike Baxter, a partner in the... View Details

Keywords: by Loren Gary

06 Feb 2013
What Do You Think?

Is ‘Conscious Capitalism’ an Antidote to Income Inequality?

percent of the economic gains of the past 30 years in the United States, other developed economies, and even the BRIC countries. Assuming for a moment that all of this is correct, what's the answer? First, is executive pay too high, or is the problem, as View Details

Keywords: by James Heskett

24 Nov 2003
Research & Ideas

Boards and Corporate Governance: A Balanced Scorecard Approach

A board's most important function is approval and oversight of strategy and of major strategic decisions, such as acquisitions and large capital expenditures. Boards are responsible for selecting (or replacing) the CEO, counseling and supporting the CEO, View Details

Keywords: Re: Robert S. Kaplan & Krishna G. Palepu

21 Feb 2005
Op-Ed

Is Business Management a Profession?

requirement of passing a standard exam before being admitted to practice, nor are senior managers, investment bankers, or consultants required to participate in continuing education. There is no explicit obligation, for example, for... View Details

Keywords: by Rakesh Khurana, Nitin Nohria & Daniel Penrice

26 Mar 2006
Research & Ideas

The Office of Strategy Management

surrounding the success that organizations have in executing strategy is low. Our article, "The Office of Strategy Management," using data from a Bain Consulting study, notes that seven out of eight companies in a global sample... View Details

Keywords: by Martha Lagace

04 Jun 2012
Research & Ideas

The Business of Life

unusual application of an economic term delighted Christensen, a management professor known around HBS and the globe as both a brilliant business thinker and a deeply religious man. For more than a decade he has been a go-to consultant... View Details

Keywords: by Carmen Nobel

03 May 2010
Research & Ideas

What Is the Future of MBA Education?

consulting; and 46 percent of Yale graduates took jobs in financial services and 15 percent took jobs in consulting.13 The boom in jobs in financial services and consulting during the last ten years made obtaining a prestigious MBA... View Details

Keywords: by Martha Lagace; Education

14 Jul 2020
Research & Ideas

Restarting Under Uncertainty: Managerial Experiences from Around the World

payments to support clients’ liquidity; helped salons apply to crisis relief funding such as unemployment support and rent postponement; hired consultants to create guidelines for safety measures in the salons, and shared them with each... View Details

Keywords: by Raffaella Sadun, Andrea Bertoni, Alexia Delfino, Giovanni Fassio, and Mariapaola Testa

21 Sep 2009
Research & Ideas

Excessive Executive Pay: What’s the Solution?

boards have improved in recent years, the speed at which they were improving lagged behind the speed at which solutions should have been implemented." -Rakesh Khurana That culture, critics maintain, spawned executive compensation... View Details

Keywords: by Roger Thompson

09 May 2000
Research & Ideas

Stock Options Are Not All Created Equal

Most of the companies I've studied don't pay a whole lot of attention to the way they grant options. Their directors and executives assume that the important thing is just to have a plan in place; the details are trivial. As a result, they let their HR departments or... View Details

Keywords: by Brian Hall

02 Dec 2002
What Do You Think?

How Will We Respond to the “Moment of Truth” in Option Plans?

matter warrant more careful investigation? Or must we continue to rely on the compensation consulting community to guide us in these matters? What do you think? Original Article Stock option plans are... View Details

Keywords: by James Heskett

19 Mar 2019
First Look

New Research and Ideas, March 19, 2019

stronger in neighborhoods with more opportunities for organized crime. There are no effects on less economically motivated crimes. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=55870 Compensation View Details

Keywords: Dina Gerdeman

02 May 2000
Research & Ideas

Leading Professional Service Firms

sets of challenges. For example, in one case study I discuss, participants have to make some decisions about a law firm's overall compensation policies as well as how the firm's partners should be compensated. The participants quickly... View Details

Keywords: Re: Jay W. Lorsch; Consulting; Consulting; Consulting

29 Apr 2002
Research & Ideas

Star Power! How to Win in Professional Services

office. An executive search professional refuses the headaches associated with leading a practice area. Information technology consultants resist management assignments, for fear they'll become "administrators." Aggressive... View Details

Keywords: by Jay W. Lorsch & Thomas J. Tierney

22 Oct 2013
First Look

First Look: October 22

of the sales force, i.e., the degree to which existing consultants recruit new consultants. The company utilizes a range of periodic incentives for recruitment but hopes to build a system of salesforce View Details

Keywords: Sean Silverthorne

09 Jul 2013
Research & Ideas

Catching Up With Boards--Jay Lorsch

"the top 200 chief executives at public companies with at least $1 billion in revenue got a big pay raise over last year," with a median 2012 compensation package of $15.1 million, up 16 percent from 2011. What's going on here?... View Details

Keywords: by Jim Aisner

24 Mar 2009
First Look

First Look: March 24, 2009

http://www.hbsp.harvard.edu/b01/en/common/item_detail.jhtml?id=709043 One Firm One Future at Davis Langdon Harvard Business School Case 409-044 Rob Smith, senior partner of construction consultancy Davis Langdon, has just led the firm... View Details

Keywords: Martha Lagace

17 May 2011
First Look

First Look: May 17

Pay-for-Performance: Implications for the Strategic Compensation of Employees Authors:Ian Larkin, Lamar Pierce, and F. Gino Abstract Most research linking compensation to strategy relies on agency theory... View Details