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.
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.
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.
By examining the actual causes of why patients choose more generous health insurance coverage and costly treatments, a recent Marketing Science study discovered that not just cost, but the lack of knowledge and uncertainty about effectiveness of other treatments, drives choice.
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578
An audio journey of how data and analytics save lives, save money and solve problems.
The test for any breakthrough technology is often where you least expect it, but once it “conquers” that application, even more possibilities may emerge.
Inside Universities Love-Hate Relationship with ChatGPT
New findings from a team of renowned researchers calls for transparency and rigorous oversight of the U.S. Medicare Advantage (MA) program, the United States' largest healthcare capitation program.
Mpox is spreading across several African countries. The World Health Organization declared mpox a “public health emergency of international concern.” The Democratic Republic of Congo has been hardest hit, though Burundi has also seen a recent surge of cases. To date this year, 36,000 suspected cases have been reported, with more than one-half among children younger than 15 years old. In Burundi alone, two-thirds of the recent cases have been in those younger than 19.
The supply chain for many small parcel shipping companies is typically long. Products are often made in distant lands, travel on oceans and waterways, arrive at ports, are then transported to warehouses, from where a third-party logistics provider delivers the product to its intended destination. In a stable world, shippers and customers alike can expect a product to be delivered within the promised time window. However, in a world facing high levels of uncertainty caused by war, pandemic, political instability, raw material shortages, freak accidents (recall the regional and national impact of the bridge collapse in the Port of Baltimore caused by a container ship), and weather, the shipper must work overtime to ensure customer expectations are met at no additional cost, despite these uncertainties.
BALTIM0RE -- Experts say the longer the thousands of port workers strike, including at the Port of Baltimore, the more catastrophic the impacts could be.
Billionaire investor Mark Cuban's question to Representative Matt Gaetz, a Florida Republican, on energy costs took off on social media on Saturday.
Florida lawmakers have banned wind turbines off its shores and near the coast, saying the bill is meant to protect wildlife and prevent noise.