What you reward: Part 2, be careful what you wish for
[Continued from yesterday's Part 1.]
Yesterday we focused on the weakness of compensation structures tied to annual EBITDA calculation, using as our text an article from the New York Times that opened with an infuriatingly smug quote from now—departed CEO Stanley O’Neil:
“As a result of the extraordinary growth at Merrill during my tenure as C.E.O., the [...]
