Rather, you want to leverage your data in ways that create new growth, cut waste, increase customer satisfaction, or otherwise improve company performance.
In Mr. Marineau's drive to improve company performance, about half of the 1,800 employees at Levi's Plaza, the corporate headquarters near downtown San Francisco, have been replaced with new recruits over the past three years, said Dan Chew, a spokesman.
Further, flat management structures don't just improve company performance by cutting out middlemen.
That number is rising as businesses see signs that investments in CSR improve company performance, talent recruitment and retention.
In addition, Whitmore said the company intends to reveal "a portfolio description to address the strategic fit of the various pieces which will comprise Kodak--and the adjustments to be made to improve company performance". The changes will improve cash flows to "substantially exceed anything we have talked about in the past," Whitmore said.
Management buyouts have a reputation for dramatically improving companies' performance.
Bain Capital declined to comment specifically on the Dade acquisition, but cited a long history of improving companies' performance in both "good and challenging economic conditions".
It's hard to square the conceit that chief executives are rewarded for improving companies' performance with the fact that chiefs at 10 financial-services firms in the study made $320 million last year, even as their banks reported mortgage-related losses of $55 billion.
The work involved in improving company performance can be messy, challenging and complex.
Our study supports the latter conclusion and shows how enhancing the power of auditors can improved company performance.
