Worth the risk

The financial crisis may have focused attention on how key individuals in that sector were paid: the widely held perception being that some people were rewarded to take on excessive risks and that this was a significant contributing factor to the crash.

However, regardless of whether it is right to blame the economic recession wholly on bankers’ bonuses, the focus on the link between risk and reward is welcome – and not only for City-based organisations.
 

Language does not simply reflect what is going on in organisational life: it also influences what people think and what they do

Linda Holbeche, director of the Holbeche Partnership and visiting professor of HRM/OD at Cass Business School