Corporate Governance Sucks!
Tuesday, January 19th, 2010If you remember, the General Motors board gave CEO Rick Wagoner a 64 percent pay raise — to $15.7 million — in 2007, when the company lost $38.7 billion. The company went bankrupt two years later at a cost of $52 billion to shareholders and another $13.4 billion to all taxpayers.
In Sword Tips, we’ve often [...]
Use adverse times to your advantage
Friday, May 9th, 2008Most of you know Jim Collins as a result of his Good to Great bestseller, which catapulted metaphors like the “hedgehog” and “people on the bus” into the business vernacular. Writing in the current issue of Fortune magazine – the Fortune 500 edition – he discusses The Secret of Enduring Greatness. He challenges the assumption [...]

















