Life at the top: is managing time the route to smarter working?
- Document type
- Isles, Nick
- Work Foundation, The
- Date of publication
- 1 December 2003
- People management: all aspects of managing people
- Business and management
- Material type
For people at the top of private companies there are three main reasons given for why they deserve to be so well rewarded:
- The risks they bear in taking the position of CEO
- The fact that they are more talented and have more responsibility than anyone else
- The fact that they are working in a global labour market where Adam Smith’s invisible hand of market forces is at work setting pay levels and contract terms on an ever upward spiral.
The second claim listed above needs closer examination according to this report. People who run things, with one or two exceptions, will tend to be confident, intelligent, articulate people. However, they will almost certainly not be the only confident, intelligent or articulate people who could be doing the job. They also have an X factor. They are in the right place at the right time. They have built up the right networks.
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