Author Archives: Fortune Editors
  • Golden Parachutes: Why it's bad business

    Exorbitant payouts to executives for leaving violates the idea of pay-for-performance.

    By Sanjay Sanghoee

    FORTUNE – Now that David Letterman is leaving his Late Show on CBS, his former protégé Craig Ferguson reportedly stands to make at least $8 million -- but not for replacing him, since Stephen Colbert has actually landed that gig. Ferguson gets compensated simply for not landing Letterman's spot, which effectively means he wins by default while CBS loses millions.

    Talk about a MORE

    Apr 11, 2014 11:19 AM ET
  • Attack of the helicopter parents of MBA applicants

    For at least a decade, parents have become deeply involved in their children's undergraduate admissions process. Those same parents are now taking the graduate schools by storm.

    By John A. Byrne

    (Poets&Quants) -- The call came in at midnight on the eve of Harvard Business School's round two admissions deadline this past January.

    Stacey Oyler, an MBA admissions consultant for Clear Admit, was used to getting late-night calls from clients. After all, MORE

    Apr 10, 2014 1:25 PM ET
  • How to scale up your team to greatness

    The best teams are small, have many women, and know how to have a good fight.

    By Robert Sutton

    FORTUNE -- My Stanford University colleague, Huggy Rao, spent seven years studying how organizations scale up excellence. We discovered that the process happens largely through teams -- by growing new teams at the right rate in the right way and weaving together the efforts of multiple teams across the company.

    Such MORE

    Apr 10, 2014 10:36 AM ET
  • Five secrets to building killer teams

    Seasoned team leaders share their top tips for getting the most out of your work groups.

    By Jennifer Alsever

    FORTUNE -- Some of the best performing corporations and institutions are those that encourage and enable teamwork—in the C-suite, within groups and across divisions. The secret to a great team is not simply about having the most experienced or smartest people on board. Here are 5 ways to build a top-performing team:

    Push MORE

    Apr 10, 2014 7:25 AM ET
  • Freelancer pay jumps, in search for quality work

    A growing number of managers have come to the conclusion that paying more pays off -- especially for larger and more complex projects.

    By Vickie Elmer

    FORTUNE -- For years, companies looking to outsource labor have opted for the lowest bidders, seeking freelancers and independent contractors in India, Vietnam, and other low-wage countries via matchmaker websites and local recruiters. One site even promised all projects would cost $5 or less as the race intensified to control MORE

    Apr 9, 2014 11:46 AM ET
  • Double trouble: When spouses who share a business call it quits

    Divorce is never easy. Throw in a jointly-run business and the breakup could get messier. A legal pro offers his best advice.

    By Brandon Southward

    FORTUNE --  Here's one good reason to heed the old adage about not mixing business with pleasure: When spouses who happen to be business partners--and there are a lot of them; 3.7 million businesses according to most recent U.S. Census data--divorce, the drama and emotion of the MORE

    Apr 9, 2014 6:28 AM ET
  • The leisure revolution that never came

    Few Americans today think they have the kind of abundance of free time that futurists predicted.

    By Laura Vanderkam

    FORTUNE -- It seemed like simple math. In the decades after World War II, American workers were becoming ever more productive. With technology reducing the need for manual labor and better-skilled workers producing more in less time, many assumed workweeks would fall to 24 hours, if not lower. People in MORE

    Apr 8, 2014 1:40 PM ET
  • Corporate America doesn't need a 'business case' to do good

    Corporate responsibility may not lead to bigger profits, but it's still essential.

    By Christine Bader

    FORTUNE -- In her testimony to the U.S. House of Representatives this week, General Motors chief executive Mary Barra uttered a point that was music to the ears of everyone who has ever pushed for safer and more sustainable practices inside a big company.

    "If it's a safety issue, there should not be a business case calculated,'' Barra MORE

    Apr 4, 2014 3:19 PM ET
  • 'America got a cold and black businesses got pneumonia'

    Harry Alford, CEO of the National Black Chamber of Commerce, talks about encouraging black-owned businesses -- and why he thinks Paul Ryan is right about inner-city culture.

    By Brandon Southward

    FORTUNE -- Harry Alford is a longtime champion of black-owned businesses owners. A veteran of corporations such as Procter & Gamble (PG) and Johnson & Johnson (JNJ), Alford about two decades ago dedicated himself to expanding opportunities for black entrepreneurs. Like MORE

    Apr 3, 2014 5:00 AM ET
  • How to deepen customer loyalty: Be transparent

    Companies should expose their vulnerabilities and own up to their mistakes.

    By John Hagel III and John Seely Brown

    FORTUNE -- "How's business tonight?" we asked. The UberX driver shrugged, "Better now the holidays are over." For the rest of the ride, we went back and forth on what Uber was doing with pricing and why and for how long, and how peak pricing had played out over New Year's Eve. The MORE

    Apr 2, 2014 1:47 PM ET
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