Sentences with phrase «management by committee»

Or, is it management by committee with one person doing the leasing, another person handling the maintenance, another person handling the tenant issues, and another person handling the book keeping?
Project management by committee is not advisable and the contractor will appreciate one day ‑ to ‑ day point of contact who has the authority to make prompt decisions, avoiding unnecessary project delays and, potentially, associated additional cost.
Talk about management by committee: one group of more than 800 scientist authors to cope with more than 9,000 scientific publications on climate change and more than 20,000 comments from «expert reviewers» (plus another 30,000 or so from various other interested parties.)
At a press conference Monday on the coming snowstorm, Governor Andrew Cuomo — by then reflecting sentiment in the Assembly, rather than driving it — said he has «never» seen «management by committee» work well.
«Management by committee, I've never been a fan of.
«John Templeton use to always counsel on the dangers of management by committee, where the only ideas on which there's a consensus are the mediocre ones, not those that are creative and insightful» Eric Marshall

Not exact matches

One thing I can say, however, is that I have had the good fortune of interviewing and seeing how one or two excellent board or committee chairs, or directors on a board, can completely reform and turn around risk management of an entire large, complex organization by pressing management and holding them accountable.
IT governance: Is IT risk and opportunity management adequately overseen by the board (or a committee), including over IT investment, cloud computing, social media, security of information, privacy, business interruption and crisis planning?
After the financial crisis of 2008, the Dodd - Frank Act ensured that compensation consultants were hired by the board's compensation committee and not hired by or unduly influenced by the CEO or other management.
Supported by other members of the management team, Newell organized a call with the board's strategic committee.
Auditors may not engage in what is known as «non-audit» services to management, without permission, as doing so compromises integrity of the audit and accountability by the auditor to the audit committee.
Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward - looking statements include, among others, the following: our ability to successfully and profitably market our products and services; the acceptance of our products and services by patients and healthcare providers; our ability to meet demand for our products and services; the willingness of health insurance companies and other payers to cover Cologuard and adequately reimburse us for our performance of the Cologuard test; the amount and nature of competition from other cancer screening and diagnostic products and services; the effects of the adoption, modification or repeal of any healthcare reform law, rule, order, interpretation or policy; the effects of changes in pricing, coverage and reimbursement for our products and services, including without limitation as a result of the Protecting Access to Medicare Act of 2014; recommendations, guidelines and quality metrics issued by various organizations such as the U.S. Preventive Services Task Force, the American Cancer Society, and the National Committee for Quality Assurance regarding cancer screening or our products and services; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, licensing and supplier arrangements; our ability to maintain regulatory approvals and comply with applicable regulations; and the other risks and uncertainties described in the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our most recently filed Annual Report on Form 10 - K and our subsequently filed Quarterly Reports on Form 10 - Q.
On Monday, Goldman Sachs announced in a memo, seen by Business Insider, that Gregg Lemkau, Marc Nachmann, and Jim Esposito would be joining the firm's management committee.
The «leadership by committee» approach makes employees feel really good about the overall product, and the collaborative style of management often leads to more thorough and thought - out solutions to problems.
While Sherwood and Cohn were both traders by background, Eric Schwartz, who headed the partnership committee for a period in the mid-noughties, came from the investment management division.
His career path was orchestrated by the board's senior management and development committee, or «Smecdec.»
He is also a director of three of the American Funds (The EuroPacific Growth Fund, The New Perspective Fund, and The New World Fund) managed by Capital Research and Management, where he chairs the Nominating and Governance Committee and serves on the complex - wide Joint Proxy Committee.
The Audit Committee has met with the internal auditors and independent registered public accounting firm, separately and together, with and without management present, to discuss IBM's financial reporting process and internal accounting controls in addition to other matters required to be discussed by the statement on Auditing Standards No. 16, Communications with Audit Committees, as adopted by the Public Company Accounting Oversight Board (PCAOB), as may be modified or supplemented.
In general, management makes the initial recommendation for the financial targets, and these recommendations are reviewed and discussed by the Committee and its independent advisors.
Other specific duties and responsibilities of the HR and Compensation Committee include reviewing senior management selection and overseeing succession planning, including reviewing the leadership development process; reviewing and approving objectives relevant to executive officer compensation, evaluating performance and determining the compensation of executive officers in accordance with those objectives; approving severance arrangements and other applicable agreements for executive officers; overseeing HP's equity and incentive compensation plans; overseeing non-equity based benefit plans and approving any changes to such plans involving a material financial commitment by HP;
The grade was determined by the Board of Trade's Government Budget and Finance Committee, based on four key criteria — economic vision, spending management, tax competitiveness, and debt management — which were originally submitted to Finance Minister Bill Morneau in December 2015.
«Our management and risk committees will evaluate each hard fork on a case by case basis,» wrote LedgerX.
The decision to engage these other Marsh subsidiaries for these other services was made by management and was not approved by the Board of Directors; however, the compensation committee received periodic updates on the nature and scope of the services provided to the Company by the Marsh subsidiaries.
In responses to three subsequent consultations, issued in 2012 by the European Securities and Markets Authority («ESMA»), Canadian Securities Administrators («CSA») and the Corporations and Markets Advisory Committee of Australia («CAMAC»), Glass Lewis has consistently expressed the view that a market - based solution, in particular a code of best practices developed by proxy advisors, is the appropriate means to address the relevant issues raised in these consultations — namely conflict management, transparency of policies and methodologies and engagement.
The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management ® (ISM ®) Non-Manufacturing Business Survey Committee: «The NMI ® registered 56.8 percent, which is 2 percentage points lower than the March reading of 58.8 percent.
A shareholder proposal by John Harrington and Northstar Asset Management Inc. entitled «Board Committee on Human Rights» to amend the Company's bylaws (Proposal No. 8);
The Nominating & Governance Committee considers and evaluates a director candidate recommended by a stockholder in the same manner as a nominee recommended by a Board member, management, search firm or other sources.
Among other matters, the audit committee evaluates the independent auditors» qualifications, independence and performance; determines the engagement of the independent auditors; reviews and approves the scope of the annual audit and the audit fee; discusses with management and the independent auditors the results of the annual audit and the review of our quarterly financial statements; approves the retention of the independent auditors to perform any proposed permissible non-audit services; monitors the rotation of partners of the independent auditors on the company's engagement team as required by law; reviews our critical accounting policies and estimates; oversees our internal audit function and annually reviews the audit committee charter and the committee's performance.
In general, management makes an initial recommendation for the goals, which is then reviewed and discussed by the HRC Committee and its independent advisors.
The Enterprise Compensation Committee discharges the board of directors» responsibilities relating to the compensation of our executives and directors; reviews and discusses with management the Compensation Discussion and Analysis and performs other reviews and analyses and makes additional disclosures as required of compensation committees by the rules of the SEC or applicable exchange listing requirements; provides general oversight of our compensation structure, including our equity compensation plans and benefits programs, and confirms that these plans and programs do not encourage risk taking that is reasonably likely to have a material adverse effect on Hewlett Packard Enterprise; reviews and provides guidance on our human resources programs; and retains and approves the retention terms of the Enterprise Compensation Committee's independent compensation consultants and other independent compensation experts.
The agreement ultimately negotiated by that committee — the proposed sale to DEXUS Funds Management Limited — has been expressly opposed by the new owners of Investa's manager, leading to conflicting recommendations to investors and a clear bifurcation of alternatives.
By working together, management and the ESOP committee can build a team with a common goal, in which each member believes the value of their investment in the company depends on how well the entire team works together.
On the heels of that decision by the FOMC, the Federal Reserve's policymaking body, Morgan Stanley Wealth Management's Global Investment Committee (GIC) recommended that investors position their portfolios to overweight equities and underweight fixed income, or bonds.
While there, he created and ran the industry - leading banking and trading securitization teams and extended their global reach by establishing equal - sized operations in both the United States and London, U.K.. Additionally, he was a member of the Bank of Montreal's Capital Management Committee as well as the Asset Liability Committee.
Our unique public policy committee structure balances the priorities of our grassroots Members with the strategic direction set out by our board of directors, policy council and management team.
Note: This is an edited version of an article by Morgan Stanley Wealth Management Market Strategists Casey Galligan and Vijay Chandar that first appeared in the April 2, 2015, edition of «On the Markets,» the flagship monthly publication of the Global Investment Committee.
In the opinion of both management's and the Committee's respective independent compensation consultants, these changes made severance benefits for the Section 16 officers consistent with the median severance benefits provided by peer companies.
Our Nomination and Governance Committee evaluates and considers director nominees proposed by our stockholders in the same manner as a nominee recommended by a Board member, management, search firm or other source.
Other specific duties and responsibilities of the HR and Compensation Committee include reviewing senior management selection and overseeing succession planning, including reviewing the leadership development process; reviewing and approving objectives relevant to executive officer compensation and evaluating performance and determining the compensation of executive officers in accordance with those objectives; approving severance arrangements and other applicable agreements for executive officers; overseeing HP's equity and incentive compensation plans; overseeing non-equity-based benefit plans and approving any changes to such plans involving a material financial commitment by HP; monitoring workforce management programs; establishing compensation policies and practices for service on the Board and its committees, including annually reviewing the appropriate level of director compensation and recommending to the Board any changes to that compensation; developing stock ownership guidelines for directors and executive officers and monitoring compliance with such guidelines; and annually evaluating its performance and its charter.
The Compensation Committee believed that growth in non-GAAP pre-tax profits is the most appropriate measure for the Executive Bonus Plan because it is the measure regularly used by our management internally to understand, manage and evaluate our business and make operating decisions.
«The involvement of Coca - Cola Amatil, a s a large manufacturer and distributor of alcohol products in Australia, was very much welcomed by the ABAC Management Committee,» he said.
Last June, the decision was taken by the EU's dairy management committee to temporarily revoke subsidies on all exported dairy products for the first time in the export refund scheme's 40 year history, amidst record payouts for the products from processors.
Workshop participants evaluate their vineyard and winery operations using a 490 - page workbook of best management practices, developed by a Joint Committee of 50 members from Wine Institute, CAWG and other key stakeholders.
During 2014 - 16, he has been an active member of the High Level Committee set up by the government (NDA - II) to restructure the food management system in the country (known as Shanta Kumar Panel); member of the Task Force set up by the Prime Minister under NITI on Agriculture Sector Reforms; and also Chairing a Committee for Agri - Marketing Reforms in the country.
At the start of June, the European Commission's Milk Management Committee voted to slash refunds on whole milk powder by 16.8 per cent, from $ 65 to $ 54 per 100 kg, and skimmed milk powder by around 46 per cent, from $ 28 to $ 15 per 100 kg.
The number and ratio of the ADs on the selection committee was agreed to by the management committee.
The BOA is officially recognised by the International Olympic Committee (IOC) as the National Olympic Committee (NOC) for Great Britain and Northern Ireland, with responsibility for the conduct and management of all Olympic - related activity in those countries.
Numerous complaints had been received by the Management Committee the previous season, and so the club were given until the start of the season to improve things.
All financial information submitted as a part of the process is held in strict confidence by the school's Finance Committee and tuition management company.
The session will be led by Michael Moran, CRPR and CYSA, a 30 - year veteran of the parks and recreation field who is the Director of Parks and Recreation at the City of Iowa City; and Julienne Hefter, founder of Safety First Aquatics, LLC and renowned speaker and author on a variety of recreation management and administrative topics; and CYSA Leadership Committee members.
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