Monday, June 11, 2012

the private, exclusive club

In the Board Room sit the Club Members.  They take care of themselves.  That is why they have this company or corporation.  On the outside are the workers, the buildings, the equipment, all that which goes into producing the Club a Grand Life Style.  The Club controls it all.  They have the ability to take their money out of the country, close down their production and move it to another country, take their resources and start another business, all sorts of options.  And now they are working to prevent the workers the right to organize.  The only tool the workers have.  The workers do not own the buildings, or the equipment, or have the ability to sock their meager wages in off-shore banks. 
Collective bargaining is all they have.  Since the Club Members view workers as just another component in their formula of success, they will insist that it is their right to control it and to determine it's value.
Inside that Board Room, the Club meets and gives no thought to the well being of the workers.  No more that is, than they give to the machines and equipment.  Keep it up and running and get every single cent out of it until it falls apart.  Then, and only then, replace it and begin the process over again. 
 
Curious Carl
----- Original Message -----
Sent: Saturday, June 09, 2012 6:38 AM
Subject: Re: goodwill's ceo

This biography reminded me of how executive salaries are determined. If you are new to the company, then the Board of Directors will set the salary range of the person they are looking to hire with negotiations beginning at that point. Since Mr. Gibbons had beenpresident of NIB, he would not have taken the job with Goodwil unless he got a raise for his troubles. Now, after a year or so (depending on the contract for the executive), the Board and executive meet again to negotiate salaries. The executive always argues for a raise even if the company he is heading has not done well. The talks are much like the negotiations between professional football players and football teams over their salaries. The Board says that the executive has/has not met certain goals, and the executive counters (usually with the help of an agent) that 1) he/she is better than so-and-so but that so-and-so is now earning this amount, and the executive, since he/she is better than so-and-so, should earn this percentage over what so-and-so is making; and 2) if these payment demands are not met, the executive will quit and go to work for someone else. Unless the performance has been absolutely abysmal (and sometimes even if it has), the Board of Directors agrees with the executive's position and gives him/her the requested raise.

Do any see the problem in what I have outlined above? You're right! Workers' wages are not on the table here. In addition, the fact that more money is being given to the executive by definition means that less money will be available to pay workers. But those involved with the negotiations--from the executive to the Board of Directors--do not see this, and, in many cases, the Boards of Directors prefer the devil you know over the one you don't, a belief that assists executives in getting higher salaries while their workers earn next to nothing.
---- joe harcz Comcast <joeharcz@comcast.net> wrote:
Get to Know Goodwill Industries International President and CEO Jim Gibbons

 

February 17, 2011

Jim Gibbons, president and CEO of Goodwill Industries International

list end nesting level 1

 

How much do you know about the leader of Goodwill Industries International? Read on to learn a few facts about our president and CEO.

 

Name: Jim Gibbons

 

State That Claims Him: Indiana

 

His Tenure: 2008- present

 

Favorite Movie:

For Once In My Life ,

which is an inspiring, expectation-defying look at the Spirit of Goodwill® band, a unique assembly of 28 singers and musicians, all with disabilities —

ranging from autism and behavioral disorders to cerebral palsy, Down syndrome and visual impairments — who share an uncanny gift for music, joy and friendship.

 

Favorite Color:

Blue, of course.  More specifically, Goodwill's Pantone Reflex Blue

 

Where He Got His Smarts:

Gibbons earned his bachelor's of science degree in industrial engineering from Purdue University, and a M.B.A. from the Harvard Graduate School of Business

Administration, where he was the first person who is blind to graduate with a master's in business administration.

 

His Pre-Goodwill Years:

Before coming to Goodwill in April 2008, Gibbons served as president and CEO of National Industries for the Blind (NIB), a nonprofit organization that works

in partnership with more than 88 associated agencies around the country to enhance economic opportunities and professional development for people who are

blind. Through comprehensive marketing and branding strategies and an emphasis on aggressive mission measures, Gibbons transformed the nearly 70 year-old

NIB into a results-oriented social enterprise for the 21st century.

 

Prior to NIB, Gibbons was president and CEO of Campus Wide Access Solutions, a wholly owned subsidiary of AT&T. An employee of AT&T for more than a decade,

Gibbons held leadership positions in operations, product management, and mergers and acquisition.

 

Presidential Duties:

On December 14, 2010, President Barack Obama named Jim Gibbons, president and CEO of Goodwill Industries International, to the newly established

White House Council for Community Solutions.

Gibbons is one of 25 nonprofit, corporation and foundation leaders on the council, which is committed to social innovation and civic engagement.

 

Source:

http://www.goodwill.org/about-us/get-to-know-goodwill-industries-international-president-and-ceo-jim-gibbons/



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