PWC reports that the top reason that CEOs from large companies are fired is no longer related to bad financial performance or board conflict as has been the case for nearly two decades of their CEO Success studies. It's because the ousted CEOs are, surprise, slimeballs and crooks! From PWC:
For the first time in the study’s history, more CEOs were dismissed for ethical lapses than for financial performance or board struggles. (We define dismissals for ethical lapses as the removal of the CEO as the result of a scandal or improper conduct by the CEO or other employees; examples include fraud, bribery, insider trading, environmental disasters, inflated resumes, and sexual indiscretions.) The rise in these kinds of dismissals reflects several societal and governance trends, including more aggressive intervention by regulatory and law enforcement authorities, new pressures for accountability about sexual harassment and sexual assault brought about by the rise of the “Me Too” movement, and the increasing propensity of boards of directors to adopt a zero-tolerance stance toward executive misconduct.
"Succeeding the long-serving legend in the corner office" (PWC/Strategy&)
Chris Knight recorded a video of the bees in his backyard and wanted to accompany it with a rendition of Nikolai Rimsky-Korsakov's 1899 composition "The Flight of the Bumblebee."
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Google is reported to be under investigation by the United States National Labor Relations Board (NLRB.gov) for allegations of discouraging union organizing among workers, and for firing the so-called “Thanksgiving Four.”
With all the revolutionary tech that’s out there, it’s pretty sad that finding a simple stud in your wall can feel like dowsing for water. This can be equally true whether you’re using a magnetic finder and it’s reliance on “feel,” or an electronic unit that can give fuzzy readings (especially when the batteries are […]
Do you have any Star Wars fans on your list? Given the reach and output of its new corporate masters these days, it might be easier to ask if there’s anyone out there who isn’t a Star Wars fan. So let’s narrow it down further: Do you know a Star Wars fan who likes to […]
There’s much ado about coffee brewing methods these days, but most of us – at least on the busy weekdays – just want our morning joe to be consistent, easy, and most of all, fast. If that sounds like anyone on your Christmas list, they’re going to get a lot of mileage out of the […]