Rupert Murdoch, the Chairman and CEO of Newscorp, is a titan. Yes, that’s the term that people use very loosely when they describe people who head media companies, but doesn’t Murdoch seem as though he would be a titan no matter what he did? I can picture Rupert Murdoch coaching Little League, working as a [...]
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Do leaders really care about merit? Should the most talented man or woman always get the job or is it better that key positions be stocked with friends and allies? Is it more important for a leader to surround himself with the best people or with people he feels comfortable with and can trust? One of [...] In our egalitarian society, few of us like to acknowledge that double standards exist. As a hot button issue, the idea brings up strong and immediate impressions of social injustice and special treatment. Tax breaks for the rich. Military deferments for the well-connected. Legacy appointments to elite colleges for the children of the wealthy. Affirmative [...] Why are executives surprised by negative reactions to their own double standards? Because the double standard is very standard to them. CEO’s are treated differently in many different ways. Unlike ordinary mortals, they do not wait in lines or worry about petty rules that must be strictly adhered to by ordinary employees. When budgets are tight, [...] CEO pay is the most egregious example of any perceived double standards in today’s business world. The sheer numbers boggle the mind. Ten million dollars in salary, twenty million in bonuses, a hundred million or so in stock options… How can one person in an organization be worth that much money? Why would they even [...] |
  
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