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Reinventing compensation
Authors:Robin Buchanan
Institution:() is the President of London Business School. He has chaired a FTSE100 remuneration committee and been a member of other remuneration committees in the US and UK. Previously the Senior Partner of Bain &Company in the UK and now Senior Advisor, he also advises companies on strategy, leadership, board effectiveness and corporate governance.
Abstract:Executives of banks have been flayed for drawing huge pay packets without commensurate corporate performance. Robin Buchanan says the scrutiny into compensation will go beyond the financial services industry. He recommends board directors of all businesses have answers to seven critical questions at their fingertips.
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