BUS 101CASE-3 Problem Solving Paper
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BUS 101CASE-3 Problem Solving Paper
BUS 101,CASE-3, Problem, Solving, Paper
Michael Bruno is a senior level manager for Company XYZ. He has been with this organization for 25 years. Michael is in charge of recruiting a new CEO for Company XYZ because the previous CEO, who had a “golden parachute,” was terminated for tolerating low performers, mismanaging change, and ignoring customers.
After posting the position on LinkedIn, he received a number of inquiries from potential candidates. After spending months interviewing both internal and external candidates, Michael has two potential candidates (i.e., Doug Wilson and John Smithson) for the CEO position.
After having the final round of interviews and spending the day with each candidate, the hiring committee selects John Smithson for the CEO position.
Michael decides to have a meeting with his team to discuss the CEO’s salary before sending John’s employment contract. Michael believes that the CEO of a company should make at least 10 times more than the highest paid employee. Several of his colleagues reject his idea and argue that the CEO should make significantly less.
One person yells out, “What about the employees—the employees of the organization should all receive a raise that is well overdue.” Michael is perplexed and decides to have a follow-up meeting with his group first thing in the morning.
Some specific articles on this topic to get you started:
Taylor, M. (2009). Super CEO salaries on the rise. Super Review, Retrieved from https://search-proquest- com.ezproxy.trident.edu/docview/198140975?accountid=28844
Mongan, E. (2017). Multi-facility CEO salaries on the rise. McKnight’s Long – Term Care News, 38(4), 4. Retrieved from https://search-proquest- com.ezproxy.trident.edu/docview/1923228986?accountid=28844
Peterson, A. (2015). If reddit wants to fight the gender pay gap, it should disclose everyone’s salaries.Washington: WP Company LLC d/b/a The Washington Post. Retrieved from https://search-proquest- com.ezproxy.trident.edu/docview/1672028818?accountid=28844
David Wighton in, N. Y. (2007). Goldman sachs CEO nets $68.5m salary. FT.Com, 1. Retrieved from https://search-proquest- com.ezproxy.trident.edu/docview/229112057?accountid=28844
Case Assignment
Once you have finished reading about this topic and reviewing the background materials, please write a 2- to 3-page paper (either in essay format or Q & A format) addressing the following questions:
- Should a CEO of a large organization earn at least 10 times more than the highest paid employee? Justify your response.
- Should Michael Bruno try to low-ball John Smithson so he can also provide a small raise to all of the employees of Company XYZ? Justify your response.
- What resources can Michael Bruno use to learn more about CEO salaries?
- Should Company XYZ have a salary cap for CEOs? What are the pros and cons to having a salary cap?
- Should CEOs have a golden parachute? 6. Based upon your research and beliefs, discuss a fair policy for a CEO’s
salary so there is no confusion among the employees.
Be sure to support your arguments with references to the background readings and your research.
Upload your assignment to the Case 3 Dropbox. Be sure to review your TurnItIn Originality report. If the score is over 20%, you may be copying too much material from the internet or other sources and you will need to contact your professor and arrange to revise and resubmit the paper.
RUBRIC
Excellent Quality
95-100%
Introduction 45-41 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Literature Support
91-84 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Methodology
58-53 points
Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score
50-85%
40-38 points
More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.
83-76 points
Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.
52-49 points
Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality
0-45%
37-1 points
The background and/or significance are missing. No search history information is provided.
75-1 points
Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.
48-1 points
There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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BUS 101CASE-3 Problem Solving Paper