AIG overhauls bonus system By David Goldman NEW YORK (CNNMoney.com) -- AIG announced on Wednesday that it is changing the way it pays out bonuses to its employees‚ opting to determine compensation based on performance. "Aligning pay and performance is the hallmark of many world-class organizations and is critical to our future success‚" AIG spokeswoman Christina Pretto said in an e-mailed statement. "By motivating and driving our talent‚ it will also help us remain competitive and ensure a strong
Premium
“What gets measured gets done……” - By Peter Drucker This quote is often ascribed to Peter Drucker‚ a management guru. In a company for smooth running of its business everything must be measured‚ it can be financial or non financial. Since not only financial measures influence resulting figures but also non financial figure contribute a lot. Areas of financial performance measurements are Profitability‚ Risk Involved‚ liquidity of available funds and financial efficiency and performance of the company
Premium
measurability. On their background‚ only "what gets measured gets done". In the following‚ this statement is critically reviewed. E.g. are there things that can not be measured properly but need to be - and are done - as well? What is the impact from the planning of the measurement process on the measured process? How feasible is measurement? Definition In itself‚ "what gets measured gets done" is a tautology‚ as we perceive (e.g. what is done) only what we measure - understood as processing sensory
Premium Management Learning German language
621 Prompt: The lessons we take from failure can be fundamental to later success. Recount an incident or time when you experienced failure. How did it affect you‚ and what did you learn from the experience? Will I look it in the eye until it sprints away‚ petrified by my piercing glare? Or will I let it clobber me to the ground and infect my mind with insecurity? __________ A long stretch of dying‚ overgrown grass separated me from the rest of my class. My left leg felt heavy under the weight
Premium
Preventing 9/11: Could it Have Been Done? September 11th‚ 2001: the American people will remember this day as the day the unthinkable happened: someone‚ or rather a group of people‚ infiltrated the seemingly impregnable American defenses and turned our own airplanes on us. Crashing several planes into different important federal buildings‚ these terrorists spread terror throughout the country. Nobody thought that the most powerful country in the world could be attacked so easily‚ and
Premium September 11 attacks Federal Bureau of Investigation Osama bin Laden
Limitations 3 1.5 Background Information 3 2. SEOZEO’S RELATIONS WITH AKM3.DE ARE WEAK 4 2.1 What is a business networking and what is the position of SEOZEO in networking? 5 2.2 What are the benefits of being in a network? 6 2.3 Relationships in business networks 7 2.4 What is the relationship type between SEOZEO & AKM3? 8 2.5 What are SEOZEO’s communication challenges? 9 2.6 What are the effects of lack of communication and lack of trust? 11 2.7 Difficulties of doing business
Premium Communication Culture Cross-cultural communication
historians have tried to put their finger on the exact reason for the South losing the war. Some historians blame the head of the confederacy Jefferson Davis; however others believe that it was the shear numbers of the Union (North). The advantages and disadvantages are abundant on either sides of the argument‚ but the most dominate arguments on why the South lost the war would be the fact that state ’s rights prevented unification of the South‚ Jefferson Davis poor leadership and his failure to work
Premium Confederate States of America American Civil War
Duty of Care: Breach of Duty: The first issue is the standard of care in which the doctor will be judged on and it is going to be judged on the reasonable standards of a component doctor. The question arises! How do you test whether an act or failure is negligent? The doctor is to be judged on the state of knowledge at the time of the incident. In this case there is special skill required in this filed and it would be judged by the conduct of a competent doctor exercising that particular art
Premium Tort Negligence Tort law
The Unpopular‚ Successful Auto Bailout Imagine this ----- GM‚ FORD AND CHRYSLER – The three pioneer automakers of U.S going bankrupt! This would have been an absolute reality if Mr Barrack Obama had not decided to let the world and specifically American citizens to continue being associated with the major U.S automaker brands. In December 2008‚ the three major U.S. auto industry companies -- GM‚ Chrysler and Ford -- asked the government for a $34 billion bailout to avoid bankruptcy. The Big 3
Premium General Motors Automotive industry
copied recipients and the sender are all identified only by name and title‚ e.g. John Smith‚ Manager‚ Internal Control. Telephone extension numbers or e-mail addresses can also be included‚ optionally. The Subject line should tell the reader exactly what the memo is about in as few words as possible. Examples are: “New Delivery Schedule for C-920”‚ “Policy re. Car Pooling”‚ “Christmas Shutdown Dates”‚ etc. The body of the memo need not be as formal as a letter since the recipients all work for the
Premium Pearson Education Writing Pearson PLC