A brief meditation on motivating, measuring, and rewarding executive performance.
Metrics have been in the news lately:
- Sensational accounts of how share repurchases boost EPS to benefit CEOs
- Bennett Stewart promoting his Corporate Performance Index (CPI)
-
Corporations futzing with GAAP accounting, specifically EBITDA, to present great results.
In a current blog post, we consider the metric alphabet soup and its implications for exec comp .
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