30 Sep '12, 5pm

CEO Pay: 'Time to Retire the Rock Star Messiah Myth' by @GaelOBrien #leadership #ceopay #corpgov #csr

CEO Pay: 'Time to Retire the Rock Star Messiah Myth' by @GaelOBrien #leadership #ceopay #corpgov #csr

If the findings of the Weinberg Center study are heeded, there will be additional benefits in reforming how CEOs are compensated. It is time to retire the rock star messiah myth – it generally disappoints. It discounts the notion that a leader who inspires others to work collaboratively toward recognized common goals creates success beyond the numbers. It is also time for investors to be re-educated; they need to learn to better manage their expectations - in this very uncertain world - about what a company committed to its purpose and the success of its stakeholders is working to achieve each day.

Full article: http://business-ethics.com/2012/09/29/1233-ceo-pay-time-t...

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