Book Shelf

The Grahall Book Shelf

Our Books | Book of Blogs | Book Chapters | Books We Love


Our Books

book2img Purchase Effective Executive Compensation at Amazon. Or, if you prefer, individual chapters are available for download on our website. Purchase one of the chapters below if you need information on a specific reward component or concept.
book1img Purchase Creating a Total Rewards Strategy: A Toolkit for Designing Business-Based Plans on Amazon.

Books of Blogs

Title Preview Full Version
Book of Director Blogs: 2009 Expert Perspectives download download
Book of Investor Blogs: 2009 Expert Perspectives download download
Book of CEO and Executive Alerts: 2009 download download
Book of CEO Blogs: 2009 Expert Perspectives download download
Book of CEO News Feeds: 2009 download download
Book of Executive Blogs: 2009 Expert Perspectives download download
Book of Executive News Feeds: 2009 download download

Book Chapters

Effective Executive Compensation Preview Full Chapter
Chapter 1 Environmental Business Issues download download
Chapter 2 Key Stakeholder Issues download download
Chapter 3 Vison, Mission and Values download download
Chapter 4 Business Strategy download download
Chapter 5 Organizational Capabilities and People Strategy download download
Chapter 6 Executive Total Reward Strategy download download
Chapter 7 Executive Total Rewards Strategy Architecture download download
Chapter 8 Total Reward Strategy Components download download
Chapter 9 Base Salary download download
Chapter 10 Short-term Incentives download download
Chapter 11 Mid-term Incentives download download
Chapter 12 Long-term Incentives download download
Chapter 13 Wealth Accumulation Incentives download download
Chapter 14 Executive Benefits download download
Chapter 15 Executive Perquisites download download
Chapter 16  Executive Development Rewards download download
Chapter 17 Board of Directors Compensation download download
Chapter 18 Final Thoughts download download
Chapter 19 Case Study 1 download download
Chapter 20 Case Study 2 download download

Books We Love

For those that want to know more about the Grahall Total Reward Strategy Process, the following books helped us form the foundation for our process. We love them. We hope you do too.

CHAPTER 1

Environmental Business Issues

Mintzberg, Henry. Power In And Around Organizations. Englewood Cliffs, NJ: Prentice-Hall, Inc., 1983.

Lawrence, Paul R. and Jay W. Lorsch. Organization and Environment, Managing
Differentiation and Integration. Boston: Graduate School of Business Administration,
1967.

Pfeffer, Jeffrey and Gerald R. Salancik. The External Control of Organizations, A Resource
Dependence Perspective. New York: Harper & Row, 1978.

Bernstein, Peter L. Against The Gods, The Remarkable Story of Risk. New York: John Wiley
& Sons, 1996.

Taleb, Nassim Nicholas. Fooled by Randomness, The Hidden Role of Chance in the Markets and in Life. New York: Texere LLC, 2001.

Fuld, Leonard M. Competitor Intelligence. How to Get It; How to Use It. New York: John
Wiley & Sons, 1985.

Weidenbaum, Murry L. The Future of Business Regulation, Private Action and Public Demand.
New York: AMACOM, 1979.

Green, Scott. Sarbanes-Oxley and the Board of Directors, Techniques and Best Practices for
Corporate Governace. Hoboken, NJ: John Wiley & Sons, Inc., 2005.

Thurow, Lester C. Head to Head, The Coming Economic Battle Among Japan, Europe, and
America. New York: William Morrow and Company, Inc.,1992.

Porter, Michael E., ed. Competition in Global Industries. Boston: Harvard Business School
Press, 1986.

Galbraith, James K. Created Unequal, The Crisis in American Pay. New York: The Free Press,
1998.

National Association of Corporate Directors Series. Washington, DC: National Association of Corporate Directors, 1994–present.

Corporate Governance in Employee Ownership Companies. Oakland, CA: National
Center for Employee Ownership, 1996.

Carpenter, Jennifer N. and David L. Yermack, eds. Executive Compensation and Shareholder
Value. Norwell, MA: Kluwer Academic Publishers, 1998.

Nystrom, Paul C. and William H. Starbuck, eds. Handbook of Organizational Design, Vol.
1, Remodeling Organizations and their Environments. London: Oxford University Press,
1981.

Varallo, Gregory V. and Daniel A. Dreishbach. Fundamentals of Corporate Governance: A Guide for Directors and Corporate Counsel. Chicago: American Bar Association, 1996.

DiNardo, John, Kevin Hallock, and Jorn-Steffen Pischke. Unions and Managerial Pay.
Cambridge, MA: National Bureau of Economic Research, 1997.


CHAPTER 2

Key Stakeholders Issues

Mitroff, Ian I. Stakeholders of the Organizational Mind, Toward a New View of Organizational
Policy Making. San Francisco: Jossey-Pass Inc., 1983.

Drucker, Peter F. The Unseen Revolution, How Pension Fund Socialism Came to America. New
York: Harper & Row, 1976.

Blasi, Joseph, Douglas Kruse, and Aaron Bernstein. In The Company Of Owners, The Truth about Stock Options (and Why Every Employee Should Have Them). New York: Basic Books, 2003.

Bowen, William G. Inside the Boardroom, Governance by Directors and Trustees. New York: John Wiley & Sons, Inc., 1994.

National Association of Corporate Directors Series. Washington, DC: National Association of Corporate Directors, 1994–present.

Corporate Governance in Employee Ownership Companies. Oakland, CA: National
Center for Employee Ownership, 1996.


CHAPTER 3

Vision, Mission, and Values Issues

Gates, Bill, Nathan Myhrvold, and Peter Rinearson. The Road Ahead. New York: Viking
Penguin, 1995.

Wang, An and Eugene Linden. Lessons, An Autobiography. Boston: Addison-Wesley
Publishing Company, Inc., 1986.

Armstrong, Karen. A History of God: The 4,000-Year Quest of Judaism, Christianity and Islam.
Westminster, MD: Alfred A. Knopf, Inc., 1993.


CHAPTER 4

Business Strategy

Porter, Michael E. Competitive Strategy, Techniques for Analyzing Industries and Competitors.
New York: The Free Press, 1980.

Porter, Michael E. Competitive Advantage, Creating and sustaining Superior Performance. New
York: The Free Press, 1985.

Buzzell, Robert D. and Bradley T. Gale. The PIMS Principles, Linking Strategy to Performance.
New York: The Free Press, 1987.

Rappaport, Alfred. Creating Shareholder Value, The New Business Performance. New York: The Free Press, 1986.

Stewart, G. Bennett III. The Quest For Value, A Guide For Senior Managers. New York: Harper
Business, 1991.

Young, S. David and Stephen F. O’Byrne. EVA and Value-Based Management, A Practical
Guide To Implementation. New York: McGraw-Hill, 2001.

Goold, Michael, Andrew Campbell, and Marcus Alexander. Corporate-Level Strategy, Creating Value in the Multibusiness Company. New York: John Wiley & Sons, Inc., 1994.

Bogue, Marcus C. III and Elwood S. Buffa. Corporate Strategic Analysis. New York: The Free
Press, 1986.

Stringer, Robert A. Jr. and Joel L. Uchenick. Strategy Traps, And How to Avoid Them.
Lexington, MA: Lexington Books, DC. Heath and Company, 1986.

Bruner, Robert F. Applied Mergers and Acquisitions. Hoboken, NJ: John Wiley & Sons, Inc., 2004.
Rock, Milton L., Robert H. Rock, and Martin Sikora, eds. The Mergers & Acquisitions

Handbook. Lexington, MA: McGraw-Hill, Inc., 1987.
Boulton, Richard E.S., Barry D. Libert, and Steve M. Samek. Cracking The Value Code, How Successful Businesses Are Creating Wealth in the New Economy. New York: Arthur Andersen, 2000.

Black, Andrew, Philip Wright, and John E. Bachman. In Search of Shareholder Value, Managing the Drivers of Performance. London, England: Financial Times Management, 1998.

Carpenter, Jennifer N. and David L. Yermack, eds. Executive Compensation and Shareholder
Value. Norwell, MA: Kluwer Academic Publishers, 1998.

Michaelson, John. Restructuring for Growth. New York: McGraw-Hill, 2003.

Kaplan, Robert S. and David P. Norton. The Strategy-Focused Organization, How Balanced Scorecard Companies Thrive in the New Business Environment. Boston: Harvard Business School Press, 2001.

Ansoff, H. Igor and Edward McDonnell. Implanting Strategic Management. Englewood
Cliffs, NJ: Prentice Hall, 1984.

Bogue, Marcus C. III and Elwood S. Buffa. Corporate Strategic Analysis. New York: The Free
Press, 1986.


CHAPTER 5

Organizational Capabilities

Ulrich, David and Dale Lake. Organizational Capability, Competing From The Inside Out.
New York: John Wiley & Sons, Inc., 1990.

Hamel, Gary and C. K. Prahalad. Competing for the Future, Breakthrough Strategies for Seizing Control of Your Industry and Creating the Markets of Tomorrow. Boston: Harvard Business School Press, 1994.

Hammer, Michael and James Champy. Reengineering the Corporation, A Manifesto For
Business Revolution. New York: HarperCollins Publishers, Inc., 1993.

People Strategy

Branham, Leigh. Keeping the People Who Keep You in Business. New York: AMACOM, 2001. Michaels, Ed, Helen Handfield-Jones, and Beth Axelrod. The War For Talent. Boston:
Harvard Business School Publishing, 2001.

Herman, Roger E. and Joyce L. Gioia. How To Become An Employer of Choice. Winchester, Virginia: Oakhill Press, 2000.

Kimberly, John R. and Robert H. Miles. The Organizational Life Cycle, Issues in the Creation, Transformation, and Decline of Organizations. San Francisco: Jossey-Bass Publishers,
1980.

Likert, Rensis. The Human Organization, Its Management and Value. New York: McGraw- Hill Book Company, 1967.

Peters, Thomas J. and Robert H. Waterman, Jr. In Search of Excellence, Lessons from America’s
Best-Run Companies. New York: Harper & Row, Publishers, 1982.

Organization Structure

Mintzberg, Henry. The Structuring of Organizations, A Synthesis of Research. Upper Saddle
River, New Jersey: Prentice-Hall, Inc., 1979.

Galbraith, Jay R. Designing Organizations, An Executive Briefing On Strategy, Structure, and
Process. San Francisco: Jossey-Bass Publishers, 1995.

Galbraith, Jay R. Organization Design. Boston: Addison-Wesley Publishing Company, Inc.,
1977.

Wheatley, Margaret J. Leadership and the New Science, Learning about Organization from an
Orderly Universe. San Francisco: Berrett-Koehler Publishers, Inc., 1992.

Nystrom, Paul C. and William H. Starbuck, eds. Handbook of Organizational Design, Vol.
2, Remodeling Organizations and their Environments. London: Oxford University Press,
1981.

Organization Processes

Hall, Richard H. Organizations, Structure, Processes, and Outcomes. 4th ed. Englewood Cliffs, NJ: Pub. Prentice-Hall Inc., 1972.

Perrow, Charles. Complex Organizations, A Critical Essay. 3rd ed. New York: Random House,
1972.

Dalton, Gene W., Paul R. Lawrence, and Larry E. Greiner, eds. Organizational Change and
Development. Homewood, IL: Richard D. Irwin, Inc., 1970.

Mintzberg, Henry. Structure in Fives, Designing Effective Organizations. Englewood Cliffs, NJ: Prentice-Hall, 1983.

Senge, Peter M. The Fifth Discipline, The Art & Practice of The Learning Organization. New
York: Doubleday, 1990.

The Price Waterhouse Change Integration Team. Better Change, Best Practices For
Transforming Your Organization. Burr Ridge, IL: IRWIN, 1995.

Tomasko, Robert M. Rethinking The Corporation, The Architecture of Change. New York: AMACO, 1993.
Seashore, Stanley E., Edward E. Lawler III, Philip H. Mirvis and Cortlandt Cammann, eds.
Assessing Organizational Change, A Guide To Methods, Measures, and Practices. New York: John Wiley & Sons, 1983.

Organization Culture

Kotter, John P. and James L. Heskett. Corporate Culture and Performance. New York: The
Free Press, 1992.

Denison, Daniel R. Corporate Culture and Organization Effectiveness. New York: John Wiley
& Sons, 1990.

Flannery, Thomas P., David A. Hofrichter, and Paul E. Platten. People, Performance, & Pay, Dynamic Compensation for Changing Organizations. New York: The Free Press, 1996.

Cameron, Kim S. and Robert E. Quinn. Diagnosing And Changing Organizational Culture, Based On The Competing Values Framework. San Francisco: Jossey-Bass, 2006.

Kilmann, Ralph H., Mary J. Saxton, and Roy Serpa. Gaining Control Of The Corporate Culture and Associates. San Francisco: Jossey-Bass Inc., 1985.

Schein, Edgar H. Organizational Culture and Leadership. San Francisco: Jossey-Bass Inc.,1992. Graves, Desmond. Corporate Culture-Diagnosis and Change, Auditing and Changing the

Culture of Organizations. New York: St. Martin’s Press, 1986.
Frost, Peter J., Larry F. Moore, Meryl Reis Louis, Craig C. Lundberg, and Joanne Martin.

Organizational Culture. Beverly Hills, CA: Sage Publications, Inc., 1985.

Sherriton, Jacalyn and James L. Stern. Corporate Culture Team Culture, Removing the Hidden
Barriers to Team Success. New York: AMACOM, 1997.

Church, Allan H. and Janine Waclawski. Designing and Using Organizational Surveys, A Seven-step Process. San Francisco: Jossey-Bass Inc., 1998.

Neuhauser, Peg, Ray Bender, and Kirk Stromberg. Culture.com, Building Corporate Culture in The Connected Workplace. Etobicoke, Ontario: John Wiley & Sons, 2000.


CHAPTER 6

Executive Total Reward Strategy

Davis, Michael L. and Jerry T. Edge, Series Eds. Executive Compensation, The Professional’s
Guide to Current Issues & Practices. San Diego, CA: Windsor Professional Information,
2004.

Peter T. Chingos, ed. Responsible Executive Compensation for a New Era of Accountability.
New York: John Wiley & Sons, Inc., 2004.

Foulkes, Fred K., ed. Executive Compensation, A Strategic Guide for the 1990s. Boston, MA: Harvard Business School Press, 1985.

Kay, Ira T. Value At The Top, Solutions to The Executive Compensation Crisis. New York: Harper
Business, A Division of Harper Collins Publishers, 1992.

Crystal, Graef S. In Search of Excess, the Overcompensation of American Executives. New York: W. W. Norton & Company, Inc., 1991.

Sirkin, Michael S. and Lawrence K. Cagney. Executive Compensation. New York: Law Journal
Press, 2005.

Melbinger, Michael S. Executive Compensation. Chicago: CCH Incorporated, 2004.

Fay, Charles H., Michael A. Thompson, and Damien Knight, eds. The Executive Handbook on Compensation, Linking Strategic Rewards to Business Performance. New York: The Free Press, 2001.


CHAPTER 7

Executive Total Reward Architecture

Bok, Derek. The Cost of Talent, How Executives and Professionals Are Paid and How It Affects
America. New York: The Free Press, 1993.

Bebchuk, Lucian and Jesse Fried. Pay without Performance, The Unfulfilled Promise of
Executive Compensation. Boston: Harvard University Press, 2004.

Manas, Todd M. and Michael Dennis Graham. Creating a Total Rewards Strategy, A Toolkit for Designing Business-Based Plans. New York: AMACOM, 2003.


CHAPTER 8

Total Reward Strategy components

Melbinger, Michael S. Executive Compensation. Chicago: CCH Incorporated, 2004.

Ellig, Bruce R. The Complete Guide to Executive Compensation. New York: McGraw-Hill, 2002. Overton, Bruce and Susan E. Stoffer. Executive Compensation Answer Book. 5th ed. New
York: Panel Publishers, 2002.

Crystal, Graef S. Questions And Answers On Executive Compensation, How to Get What You’re
Worth. Englewood Cliffs, NJ: Prentice-Hall, Inc., 1984.


CHAPTER 9

Base Salary

Berger, Lance A. and Dorothy R. Berger, eds. The Compensation Handbook, A State-of-the- Art Guide to compensation Strategy and Design. 4th ed. New York: McGraw-Hill, 2000.


CHAPTER 10

Short-Term Incentives

Berger, Lance A. and Dorothy R. Berger, eds. The Compensation Handbook, A State-of-the- Art Guide to compensation Strategy and Design. 4th ed. New York: McGraw-Hill, 2000. Bruns, William J, ed. Performance Measurement, Evaluation, and Incentives. Boston: Harvard Business School Press, 1992.

Chingos, Peter T, ed. Paying For Performance, A Guide to Compensation Management. New
York: John Wiley & Sons, Inc., 1997.


CHAPTER 11

Mid-Term Incentives

Berger, Lance A. and Dorothy R. Berger, eds. The Compensation Handbook, A State-of-the- Art Guide to compensation Strategy and Design. 4th ed. New York: McGraw-Hill, 2000. Ericson, Richard N. Pay to Prosper, Using Value Rules to Reinvent Executive Incentives.
Scottsdale, AZ: WorldatWork, 2004.


CHAPTER 12

Long-Term Incentives

Longnecker, Brent M. Stock Option Alternatives, A Strategic and Technical Guide to Long-Term
Incentives. Scottsdale, AZ: WorldatWork, 2006.

Longnecker, Brent M. The Power of Restricted Stock, The Definitive Guide to a Resurging Long- Term Incentive. Scottsdale, AZ: WorldatWork, 2006.

Berger, Lance A. and Dorothy R. Berger, eds. The Compensation Handbook, A State-of-the- Art Guide to compensation Strategy and Design. 4th ed. New York: McGraw-Hill, 2000. Weeden, Ryan, Corey Rosen, Ed Carberry, and Scott Rodrick. Current Practices In Stock Option Plan Design. 2nd ed. Oakland, CA: The National Center for Employee Ownership, 2001.

Chriss, Neil A. Black-Scholes and Beyond, Option Pricing Models. New York: McGraw-Hill,
1997.

Nadel, Alan A., Thomas M. Haines, and Gregory M. Kopp. Accounting for Equity Compensation.
2003 ed. Oakland, CA: The National Center for Employee Ownership, 2003.

CHAPTER 13

Wealth Accumulation Incentives

Berger, Lance A. and Dorothy R. Berger, eds. The Compensation Handbook, A State-of-the- Art Guide to compensation Strategy and Design. 4th ed. New York: McGraw-Hill, 2000.

Thurow, Lester C. Building Wealth, The New Rules for Individuals, Companies, and Nations
in a Knowledge-Based Economy. New York: HaperCollins Publishers, Inc., 1999.

Chasman, Herbert, ed. Deferred Compensation, A Guide to Design, Funding, and
Administration. Homewood, IL: Dow Jones-Irwin, 1978.


CHAPTER 14

Executive Benefits

Raffaeli, John and Campbell Gerrish. “Executive Long-Term Disability.” Managing Employee
Health Benefits 6 (Spring 1998).

Liebeskind, Michael B. “Executive Long-Term Disability Insurance Update.” Journal of
Compensation and Benefits 13 (July-August 1997).

Hewitt Associates. Approaches to Funding Supplemental Executive Death and Survivor Income
Benefit Plans. Lincolnshire, IL: Hewitt Associates, 1997.

Jenei, Jeffrey J. and Anthony M. Sardis. “New Vistas for Survivorship Split Dollar.” National
Underwriter Life & Health-Financial Services Edition 102 (February 2, 1998).

Greve, Michael. “Executive Benefits: Carving up Group Term Life Insurance.” Newsbriefs
16 (July-August 1997)

Glass, Richard D. and Stan Marshall. “Is Variable Universal Life an Appropriate Funding Vehicle for Deferred Compensation Plans?” Journal of the American Society of CLU & ChFC 50 (May 1996).

“Executive Participation Plans—An Executive Benefit.” CRG Executive Trends 1 (First
Quarter 1998).


CHAPTER 15

Executive Perquisites

Baehler, James R. Book of Perks. New York: St. Martin’s Press, 1983.

Tarrant, John and Paul Fargis. Perks and Parachutes, Negotiating Your Best Possible Employment Deal, from Salary and Bonus to Benefits and Protection. New York: Times Books, 1997.

Salwen, Robert and Gail McGowan. Guide to Executive Employment Contracts. 3rd ed. ECAS Executive Compensation Advisory Services, A Division of Drake Beam Morin. 2001.


CHAPTER 16

Executive Development Rewards

Rehfeld, John E. Alchemy of a Leader, combining Western and Japanese Management Skills to Transform Your Company. New York: John Wiley & Sons, Inc., 1994.

Goleman, Caniel. Emotional Intelligence, The Groundbreaking Book That Redefines What It
Means To Be Smart. New York: Bantam Books, 1995.

Spencer, Lyle M. Jr. and Signe M. Spencer. Competence At Work, Models For Superior
Performance. New York: John Wiley & Sons, Inc., 1993.

Tichy, Noel M. and Eli Cohen. The Leadership Engine, How Winning Companies Build Leaders at Every Level. New York: HarperCollins Publishers, Inc., 1997.

Giber, David, Louis Carter, and Marshall Goldsmith. Linkage Inc.’s Best Practices In Leadership Development Handbook, Case Studies, Instruments, and Training. San Francisco: Jossey-Bass/Pfeiffer, 2000.

Goldsmith, Marshall, Laurence Lyons, and Alyssa Freas. Coaching For Leadership, How the World’s Greatest Coaches Help Leaders Learn. San Francisco: Jossey-Bass Pfeiffer, 2000.

Barner, Robert. Executive Resource Management, Building and Retaining an Exceptional
Leadership Team. Palo Alto, CA: Davies-Black Publishing, 2000.