The seat-versus-outcome framing is right, but the deeper problem is cultural. Comp committees are designed to defend against regret, not engineer conviction. Benchmark bands are regret insurance for the board, dressed as governance. The CHROs who get non-standard structures through do it by pre-blessing with the audit chair before the comp chair ever sees the deck.
The seat-versus-outcome framing is right, but the deeper problem is cultural. Comp committees are designed to defend against regret, not engineer conviction. Benchmark bands are regret insurance for the board, dressed as governance. The CHROs who get non-standard structures through do it by pre-blessing with the audit chair before the comp chair ever sees the deck.
Spot on
This is outstanding. I hope stakeholders see it and are impacted with some conviction.
Stay tuned. It’s time.