In a major departure from industry practice, GlaxoSmithKline, the sixth-largest global drug maker, announced that it will no longer hire doctors to promote its drugs. The company also will stop tying compensation for sales representatives to the number of prescriptions written for drugs they market. The changes will be made worldwide over the next two years.Full Story»
What accounts for behavior? There are people with a high IQ – an intelligence quotient derived from standardized tests – and those strong in what psychologists call emotional intelligence. But a third factor is often overlooked, writes columnist Gael O’Brien. Spiritual intelligence may be “harder to measure, easier to misunderstand and often dismissed as something more suitable for a yoga studio than a board room,” she says, but we ignore it at our peril.
With greater gender diversity on a corporate board, comes better performance. Opinions differ as to why, but myriad research studies from leading academic institutions and the private sector all make a compelling case for more balanced gender representation on boards. The debate should be long over, yet women’s presence on U.S. corporate boards remains frustratingly, persistently low.
A good boss helps create an environment where employees can succeed. But that dynamic can grow complicated when employees have issues that blur the boundary between work and home. “What, if anything, is owed when a boss offers help if personal problems or negative emotions affect an employee on the job?” asks columnist Gael O’Brien. “Does good leadership merit a quid quo pro?”
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