Description: After nearly two years of struggle, Target has decided to close all its 133 stores in Canada. It has accumulated nearly $1.5 billion in losses during its short stay in Canada. Source: CBC Date: January 15, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2648076422/?page=2 Questions for Discussion: Did Target’s decision come as a surprise – Why or Why… Read more »
Posts Tagged: Managers/Managerial Performance (pp14-15)
Deep Six Executive Bonuses
Noted management guru Henry Mintzberg critiques the current system of bonuses for top-level managers. His contention is that bonuses do not accomplish what they exist to do – ensure sustained health of a company. Instead, Mintzberg argues that bonuses encourage CEOs to gamble away long-term performance for short-term gains that drive up compensation. His solution?… Read more »
