Op-Ed
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- 14 Jul 2006
- Op-Ed
The Case for Consumer-Driven Medicaid
The Medicaid program is a health insurance safety net for 52 million Americans, but the price tag threatens the financial stability of the states. Regina Herzlinger looks to South Carolina for a model in consumer-driven healthcare. Key concepts include: Medicaid costs threaten the financial health of states. Consumer-driven plans dramatically control costs and improve the health of those with chronic disease. Closed for comment; 0 Comments.
- 05 Jul 2006
- Op-Ed
Corporate Governance Activists are Headed in the Wrong Direction
Corporate governance reformers are pushing the idea of majority voting for directors. But that solution, as Joseph Hinsey sees it, won't produce the desired outcome. The answer? Keep CEOs and board chairs separate. Key concepts include: Majority voting for directors is a flawed concept that neither enhances shareholder democracy nor improves corporate governance. Corporate accountability is best served by separating the CEO and board chair responsibilities. Closed for comment; 0 Comments.
- 21 Feb 2005
- Op-Ed
Is Business Management a Profession?
If management was a licensed profession on a par with law or medicine, there might be fewer opportunities for corporate bad guys, argue HBS professors Rakesh Khurana and Nitin Nohria, and research associate Daniel Penrice. Closed for comment; 0 Comments.
- 12 Aug 2002
- Op-Ed
Using Big Business to Fight Poverty
Can an international alliance of global corporations win a war on poverty? Yes, if such an alliance is well planned and formed soon, according to HBS professor emeritus George C. Lodge. Closed for comment; 0 Comments.
- 13 May 2002
- Op-Ed
A Cure for Enron-Style Audit Failures
In an opinion piece in the Financial Times, Harvard Business School professor Jay Lorsch argues for legislation to create an independent, self-regulatory organization to oversee accounting firms. Enron, he says, is not an isolated incident. Closed for comment; 0 Comments.
- 26 Nov 2001
- Op-Ed
Why Corporate Budgeting Needs To Be Fixed
Not to mince words, but corporate budgeting is a joke, argues HBS professor emeritus Michael C. Jensen in this Harvard Business Review excerpt. The problem isn't with the budget process—it's when budget targets are used to determine compensation. Closed for comment; 0 Comments.
- 15 Oct 2001
- Op-Ed
Lessons from the Rubble
In the wake of the deadly terrorist attack, America has begun to learn some lessons it should have already learned about the New Economy, the role of government, and how the country is viewed elsewhere, says HBS professor Debora Spar. Closed for comment; 0 Comments.
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Enron Jury Sent the Right Message
Although the actions of Enron's executives were in many areas neither clearly legal nor illegal, jurors sent an unambiguous message that all executives should heed: Truth telling and ethical discipline are the cornerstone values in corporate governance. Key concepts include: Executives can be convicted in a court of law for a pattern of deception, even when it is not illegal. Firms that focus on exploiting the rules rather than building a sound business often lose their way. Closed for comment; 0 Comments.