According to a new report from Korn Ferry Hay Group of the top 25 general managers in sports, as chosen by Forbes magazine in 2007, only five remain in their jobs in 2016. In recent years the average turnover rate among Football Bowl Subdivision coaches was nearly 25%.
According to a new Korn Ferry Hay Group study, companies may try to shortcut the globalization of their recruiting assessments by finding successes in single markets and trying—unsuccessfully—to “cut and paste them” around the world. The firm has found that a more centralized approach can be more successful.
Kevin Cashman, senior partner for CEO and executive development at Korn Ferry, argues for a “grow the whole person to grow the whole leader” approach. His video series focuses on unique high-level perspectives for transformative leadership.
The ruling requires public companies to disclose the ratio of the total compensation of their Chief Executive Officer (CEO) to the total compensation of the median employee. Data will first have to be compiled for fiscal year 2017 for disclosure the next fiscal year.
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