Keywords: james rieley
Description: Gaming the System " should be required reading for every CEO. or newly minted MBA. The mechanistic things discussed at most Board meetings and taught in the B-schools never get to the realities
Gaming the System "should be required reading for every CEO. or newly minted MBA. The mechanistic things discussed at most Board meetings and taught in the B-schools never get to the realities James B. Rieley describes."
"Rieley's examples are real, feel real, and, therefore, demonstrate how employees react and what senior executives need to do differently in specific problem situations. We used these concepts very successfully in the transformation efforts at the Royal Dutch Shell Group of companies."
Gaming the System is available in English (FT/Prentice Hall). simplified Chinese (Pearson Education, Taiwan). and traditional Chinese (Portico, Peoples Republic of China)
The head of Citigroup has announced that he isn't happy with the way the world's largest financial services company is operating.
A series of regulatory and legal setbacks have tarnished the group's reputation and led to the forced closure of its Japanese private bank. A controversial bond trade has also angered European governments.
So, with a great flourish, Chuck Prince last week launched a new "ethics hotline" for whistleblowers and a new pay structure to align managers' rewards with the performance of the group. He also said he was going to hold a series of "town hall meetings with staff every year and have bi-monthly meetings with senior managers to reinforce the importance of new initiatives".
On the surface, this last idea sounds like good management, but the reality is that this rarely achieves what it sets out to do.