Setting stretch goals can undermine organizational performance
A recent study in the INFORMS journal Organization Science found that, instead of posting performance, setting stretch goals can actually have the opposite effect.
BALTIMORE, MD, November 12, 2024 – New research in the INFORMS journal Manufacturing & Service Operations Management is guiding the development of more inclusive and efficient electricity markets. The work demonstrates how aggregating small-scale, distributed energy resources (DERs) like solar panels can effectively balance the power of large utility companies.
Global supply chains are undergoing an irrevocable shift. While material flows remain critical, they are only the most visible aspect of this transition. Beneath the surface, changes in information exchanges, financial reconfigurations, and human capital movements are posing far greater risks to the benefits of global trade. The US, China, and the rest the world must handle these changes with care and perspective.
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A recent study in the INFORMS journal Organization Science found that, instead of posting performance, setting stretch goals can actually have the opposite effect.
New research that examined 4,452 CEOs from 2,666 U.S. firms, as well as 104,129 news articles and 6,567 CNBC interviews, found that CEOs who appeared in CNBC interviews could expect their compensation to increase by $210,239 on average, notwithstanding firm performance and other mitigating factors. The study, “The Relationship between CEO Media Appearances and Compensation,” will be published in the upcoming volume of the INFORMS journal Organization Science.
The country's largest senior living operator, Brookdale, is following in the footsteps of the country's largest independent living operator, Holiday Retirement, by rolling out a new pricing model that can tailor rent levels to individual communities and units within them. It's the same pricing system for which Holiday Retirement and Prorize received the 2017 Franz Edelman Award for Achievement in Operations Research and the Management Sciences in April from INFORMS, an international association for operations research and analytics professionals.
CATONSVILLE, MD, June 12, 2017 – New research that examined 4,452 CEOs from 2,666 U.S. firms, as well as 104,129 news articles and 6,567 CNBC interviews, found that CEOs who appeared in CNBC interviews could expect their compensation to increase by $210,239 on average, notwithstanding firm performance and other mitigating factors.
The magic of Disney may be partially attributed to Tinker Bell's sprinkling of faith, trust, and pixie dust, but it can also be chalked up to the company's reliance on data and research. Maarten Bos, a research scientist for Disney Research, and speaker at the recent 2017 INFORMS Business Analytics Conference, is one of the people who makes this kind of magic (or as the organization calls it, the "science behind the magic") happen.
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