Archive for November 2nd, 2010

On the Brink: Boards’ Responsibilities and Roles

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Expert Perspective by Grahall’s OmniMedia Editorial Board

For companies facing bankruptcy, there is usually plenty of blame to go around and plenty of individuals on whom it should be smeared.  The Tribune Company, however, seems to have more than its share of reprehensible characters in its executive ranks, coupled with a Board of Directors that seems unwilling or unable to make swift decisions that would benefit the company. 
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Filed under: Expert Perspective - Organization Development



Don’t Get In a Twist About Human Capital Turnover

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Expert Perspective Form Grahall’s OmniMedia Editorial Board

Jon Picoult made some sensible points in his recent article published in the New York Times (Here Comes a Turnover Storm) but in a few important ways he missed the boat.  No doubt there will be turnover when the job market picks up and perhaps most of that is due to employee discontent. But more importantly, before people  begin leaving (because they always do), a company should design its reward and retention programs to hold onto those, frankly, very few, who are the most important to the company. These few, in most cases not more than 15% of the workforce, are those individuals who contribute to the competitive advantage the company offers. 
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Filed under: Expert Perspective - Rewards



Consequences of Heath Care Reform

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Expert Perspective by Grahall’s OmniMedia Editorial Board

Richard Alonso-Zaldivar’s article, Could overhaul undermine employer health coverage?, for The Associated Press published by MSNBC October 24, 2010 defiantly raises the issue of possible unintended (or maybe even intended) consequences of Heath Care Reform.  He writes: “The new health care law wasn’t supposed to undercut employer plans that have provided most people in the U.S. with coverage for generations. But some employers are weighing the options.” 

Frankly, if we had the luxury to “start from scratch” with Heath Care in this country it is certain that all the experts would steer away from a system that is employer based. 
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Filed under: Expert Perspective - Rewards