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"We're still evaluating," Manager Joe Girardi said before Monday's game, and an honest evaluation of what followed must have been harsh.
It's been a hugely painful lesson," said Mr. McKinley, adding that Calpers was "also evaluating manager relationships and taking appropriate action, including ending some partnerships".
In a follow-up study, Bowles asked participants whether they themselves would negotiate in the given scenario — that is, they were now the job candidate and not the evaluating manager.
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He is conducting a 90-day review, evaluating managers, assessing operations and analyzing what he sees as a hidebound structure.
Enough so that my group developed a list of criteria just for evaluating managers with a social bent.
As for the science of evaluating managers, Mr. Romhilt said his team looked at four criteria: investment process (which counts for half the weight), organizational structure (25 percent), past returns (25 percent) and due diligence, which a manager either passes or fails.
Hanawa credits Ghosn for ending all that and evaluating managers by the numbers they put up.
Company President Anthony Whatley, 55, spent the 1980s at Frank Russell & Co., evaluating managers for use by large pension funds.
In response, they say, they have placed new emphasis on training and evaluating managers.
Twice a year, subordinates evaluate managers.
Many companies use a 360-degree review to evaluate managers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com