I am an independent consultant appointed by the Board or the CEO to diagnose and evaluate an organization. Currently, I am evaluating Yahoo! Inc. based on my own thoughts and ideas how organizations work or do not work. Almost every single organization has the same organization structures. The structures distributed works to individuals from different department to increase efficiency. The goal of a typical organization is to increase its efficiency, reduce costs, and an increase in profits and it
For somebody who plans on being a CEO one day, knows a CEO, or is wondering what the wages of a CEO are, would be surprised to find out that the average pay of CEOs is $16,316,000. This number is so high because of the numerous tasks that CEOs perform. The job description of a CEO means meeting the needs of employees, customers, investors, communities, and the law. (Lafley, 2009) After I read an article from the former CEO of Procter and Gamble, I understand why CEOs are stressed and face so many difficulties
just been discovered that the Wells Fargo former senior executive vice president, Carrie Tolstedt, is linked to the scamming of Wells Fargo customers (Report). The many other employees were fired since the scam was discovered in 2011, however, according to the New York Post, Tolstedt was praised by Wells Fargo CEO John Stumpf, allowed to leave, and not lose any of her compensation (Report). This incident was highly unethical and resulted in customers and employees losing their trust in Wells Fargo.
In 1980, CEO 's made 42 times the pay of an average worker. The disparity has grown so much that in 2013 the CEO to worker pay ratio was 744:1. America is supposed to be a land of opportunity, a country where hard work and playing by the rules would provide working families a middle-class standard of living. But in recent years, corporate CEO 's have been taking a greater share of the economic wealth while wages have stagnated and employment has not fully recovered. Highly paid CEO 's of low wage
Wells Fargo employees secretly created millions of unauthorized bank and credit card accounts. And the customers had no idea about it. The customers were charged fees for those accounts since 2011. Wells Fargo confirmed that 5300 employees were fired related to this
Because a board of directors has the right to terminate an irresponsible CEO, only when all board members agree with one another can they stop a corrupt CEO from committing criminal behavior. The board of directors waited much longer than they should have to fire Seth because they could not come to an agreement. The board was split between two opposing sides, one that encouraged firing Seth to protect the integrity
Wells Fargo employees secretly created millions of unauthorized bank and credit card accounts. And the customers had no idea about it. The customers were charged fees for those accounts since 2011. Wells Fargo confirmed that 5300 employees were fired related to this
roller coaster ride sometimes and not many people have experienced such swings as Steve Jobs. In the early part of his life, Steve was a college dropout and then founded the Apple Computer company and made millions, only to be fired by a man who he hired as the companies CEO. Years later, he was brought back to Apple and led the company through a period of incredible expansion and growth. Steve Jobs’ first rise began in 1976 when he and friend Stephen Wozniak founded Apple Computers. Apple became
Capital market is one of the significant aspects of every financial market. Capital market is a market for buying and selling equity and debt instruments. Capital markets channel savings and investment between suppliers of capital such as retail investors and institutional investors, and users of capital like businesses, government and individuals. Capital markets are vital to the functioning of an economy, since capital is a critical component for generating economic output. Capital markets include
• How much blame should be assigned to the DJs, to the station, and to the hospital for what happened? The Djs, the stations and the hospital are all responsible for the crisis. I would blame the station most for the death. Leaders are not the only one who are responsible to the death. We should blame DJs for making the prank call. We can blame the hospital for what happened because the receptionist was not on duty. However, it is the management decision to air the record. Even though they tried