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  • 2011
  • Working Paper

CEO Bonus Plans: And How to Fix Them

By: Kevin J. Murphy and Michael C. Jensen
Almost all CEO and executive bonus plans have serious design flaws that limit their benefits dramatically. Such poorly designed executive bonus plans destroy value by providing incentives to manipulate the timing of earnings, mislead the board about organizational... View Details
Keywords: Business Earnings; Competency and Skills; Cost of Capital; Executive Compensation; Risk Management; Performance Evaluation; Projects; Motivation and Incentives; Value
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Murphy, Kevin J., and Michael C. Jensen. "CEO Bonus Plans: And How to Fix Them." Harvard Business School Working Paper, No. 12-022, October 2011.
  • 10 Nov 2003
  • Research & Ideas

A Fast Start on Your New Job

been doing on the management of organizational change. The more I studied leaders who were trying to make changes in their organizations, the more I realized that they were usually in the midst of transitioning into new positions. In... View Details
Keywords: by Martha Lagace
  • June 2019
  • Teaching Note

CEWD: Closing the Skills Gap

By: William R. Kerr and Ted Smalley Bowen
Teaching Note for HBS No. 818-081. The teaching note presents background, case details, and teaching strategies, along with board plans and supporting graphics. View Details
Keywords: Competency and Skills; Training; Demographics; Economics; Education; Energy; Jobs and Positions; Intellectual Property; Labor; Knowledge; Leadership; Management; Marketing; Organizations; Outcome or Result; Performance; Personal Development and Career; Projects; Relationships; Risk and Uncertainty; Science; Technology; Energy Industry; North and Central America
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Kerr, William R., and Ted Smalley Bowen. "CEWD: Closing the Skills Gap." Harvard Business School Teaching Note 819-133, June 2019.
  • 31 Jul 2012
  • First Look

First Look: July 31

public-private partnerships to stimulate commercialization of Danish scientific research within the country's industry. DNATF established a process for evaluating proposals, making project awards, and then actively View Details
Keywords: Carmen Nobel
  • September 2010
  • Teaching Note

Acumen Fund: Measurement in Impact Investing (TN) (A) and (B)

By: Alnoor Ebrahim
Teaching Note for 310011 and 310017. View Details
Keywords: Projects; For-Profit Firms; Networks; Health Care and Treatment; Performance Evaluation; Investment Portfolio; Asset Pricing; Competition; Multinational Firms and Management; Venture Capital; Investment Return; Poverty; Financial Services Industry; Kenya
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Ebrahim, Alnoor. "Acumen Fund: Measurement in Impact Investing (TN) (A) and (B)." Harvard Business School Teaching Note 311-056, September 2010.
  • 15 Oct 2013
  • First Look

First Look: October 15

quality rating is more likely. So we find evidence that World Bank project quality suffers as a consequence of political influence only when the recipient country is economically vulnerable in the first place. Publisher's link:... View Details
Keywords: Sean Silverthorne
  • 19 Jun 2007
  • First Look

First Look: June 19, 2007

induced to behave rationally. Many other disciplines, including economics, finance, and marketing, have successfully incorporated departures from this rationality assumption into their models and theories. In this paper, we argue that operations View Details
Keywords: Martha Lagace
  • 26 Mar 2008
  • Sharpening Your Skills

Sharpening Your Skills: Disaster!

Better, Cheaper" program as the culprit. But Harvard Business School professor Alan D. MacCormack says the failure was more about organizational execution. Key concepts include: Although individual projects fail, the root cause may... View Details
  • 02 Apr 2015
  • Research & Ideas

Digital Initiative Summit: The Business of Crowdsourcing

find valuable that is hard to get." Plus, it's important for a company to nurture an ongoing relationship with its contributors, particularly its strongest participants. In addition to money and prizes, DeJulio said Tongal awards points for the View Details
Keywords: by Dina Gerdeman
  • 12 Mar 2006
  • Research & Ideas

Global Poverty Needs a Global Answer

fulfillment of community needs. (Of course, Friedman's formulation leaves the manager with two problems: the sum of consumer desires does not necessarily equal community need, and many—perhaps most—governments to not define or fulfill... View Details
Keywords: by Cynthia Churchwell
  • 15 Nov 2012
  • Research & Ideas

Funding the Design of Livable Cities

planned and managed in a much more efficient and sustainable fashion than in a dispersed population. Mayors of the world's largest cities agree, with New York City mayor Michael Bloomberg leading a global coalition to craft urban centers... View Details
Keywords: by Lisa Chase; Construction; Real Estate; Energy; Utilities
  • 02 Sep 2016
  • Op-Ed

The Twitter Election

unlikely to suffice. Many voters are now looking not just for problem-solving skills but for specific policy solutions that hold up under scrutiny.Third, Trump is under-leveraging Twitter. Though he feeds his followers a continuing diet of controversial tweets that... View Details
Keywords: by John Quelch and Thales Teixeira
  • 05 Oct 2009
  • Research & Ideas

The Vanguard Corporation

were going to succeed and prosper needed to manage risks better, have a stronger sense of purpose to motivate their employees, and satisfy a public already agitated about scandals such as Enron in the corporate world. What I didn't see... View Details
Keywords: by Sean Silverthorne
  • 17 Mar 2009
  • First Look

First Look: March 17, 2009

Hipotecario's management and shareholders need to come up with a plan that will satisfy creditors and keep the bank's business model intact. Purchase this case:... View Details
Keywords: Martha Lagace
  • 14 Feb 2017
  • First Look

First Look at New Research: February 14

growing rapidly in importance. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=52240 forthcoming Management Science Discretionary Task Ordering: Queue Management in Radiological Services By:... View Details
Keywords: Sean Silverthorne
  • 02 Jun 2011
  • What Do You Think?

Is it Time for a National Bankruptcy?

question this raises is which lenders, nations or commercial institutions? Shann Turnbull, citing some of his own work on the subject, argued that the risks of allowing insolvency "can no longer be reliably managed because they have... View Details
Keywords: by Jim Heskett
  • 13 Sep 2012
  • Research & Ideas

Why Public Companies Underinvest in the Future

managers whose company's stock price is very sensitive to earnings news," Farre-Mensa says. Stein's model suggests that such managers might avoid investing in a long-term profitable View Details
Keywords: by Maggie Starvish
  • 17 May 2004
  • Research & Ideas

Why We Don’t Study Corporate Responsibility

individuals at global companies around standards promulgated in the most prominent international ethical codes and (2) the level of adherence of companies to those standards. Second, with my colleague Andrew Molinsky, I am in the thick of a View Details
Keywords: by Manda Salls
  • 27 Feb 2018
  • First Look

First Look at New Research and Ideas, February 27, 2018

Academy of Management Journal Deep Help in Complex Project Work: Guiding and Path-clearing Across Difficult Terrain By: Fisher, Colin M., Julianna Pillemer, and Teresa M. Amabile Abstract—How do teams... View Details
Keywords: Sean Silverthorne
  • 22 Sep 2020
  • Research & Ideas

Recessions Push Some Entrepreneurs to Launch Too Soon

risky projects or projects related to COVID-19, primarily in the life sciences sector, as the latter might have higher expected returns. As a result, entrepreneurs outside of the life sciences or pursuing... View Details
Keywords: by Sean Silverthorne
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