It has emerged that the governors did not satisfythemselves about the truth of the reports, confining themselves to judging whether procedures had been complied with.
It is important for all levels of society to begin to SHARE and consume from levels of necessity, rather than what is happening now, which is that fewer are taking from others in order for themselves to prosper and to attempt to satisfy greed and ego, which are insatiable.
Data breaches offer a particularly pointed example of how some companies must transform themselves, readjusting their most basic cultural proclivities to satisfy the informational needs of far-flung stakeholders in a global marketplace.
As companies contemplate how they will satisfy investor and SEC requirements, they will be well served if they put themselves to a three-pronged test: (1) Are our programs and goal-setting processes geared toward pay and performance alignment? (2) Do our decision-making processes and actions around executive compensation drive alignment? (3) Does our firm have a culture that actually values alignment?