Yesterday I made an argument for ignoring the debate around the minimum wage. I said the number we should really care about is the median wage of workers paid by the hour. That figure, for the 75.9 million Americans paid hourly rates, is $11.95. (The mean is higher—$14.25—but the Bureau of Labor Statistics thinks the [...]
In response to my post over on the Creative Capitalism blog about the vexing dilemma that: 1) Having multiple organizational goals can be a recipe for underperformance and waste, but 2) Focusing exclusively on a single, simple goal like profit maximization or shareholder value can lead an organization terribly astray. a commenter wrote: Okay, let’s [...]
