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Worthy as it is to help one person or team, the most valuable executive coaching comes from developing an organization's entire senior executive rank.
Both inside and outside of Goldman, many consider Mr. Viniar to be the bank's most valuable executive, a financial wizard and deft risk manager with a mastery of Goldman's complex balance sheet.
Not only was money lost, but so was valuable executive time.
But if you're going primarily to promote your stock to analysts and institutional investors, you're wasting a lot of valuable executive time".
During his tenure, he kept his salary low and his equity stake high, making him the fifth-most valuable executive on Forbes.com's list of Best Value Bosses.
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Re the Market Watch column, "Dispelling the Myth That Options Help Shareholders" (July 29), which challenged the assumption that repricing stock options helps retain valuable executives: Companies that reprice their stock options do so for one reason -- the options are under water and now have lost their ability to motivate and retain valuable employees.
Just as bailing out failed endeavors risks a repeat of undesired behavior, this action could well dissuade talented and valuable executives from plying their skills with public companies.
Inflexible standard reporting means not only that paper is wasted, but that an even more valuable resource — executive attention — is misdirected.
It is even worth asking the question whether the intelligent Mr. Dimon — who admittedly has been upfront that this was "stupid" and has been a valuable chief executive for JPMorgan — has acted in a way to trigger this policy as the supervisor of these people.
High tax rates discouraged entrepreneurialism and thus safeguarded the stodgy; they also made every one of the thousands of exemptions valuable to executive and Congressman alike.
To them, it looked more like a machine that automated secretarial work than something that would be valuable to executives.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com