Today’s NY Times reports the story of Kansas City Royals pitcher Gil Meche, who was contractually entitled to $12 million in compensation for 2011, but instead forfeited the money by retiring. As reported by Tyler Kepner, Meche was contractually entitled to the money if he showed up to spring training next week, even if he …
Starting a Business/
Business Laws & Ethics
How to File a South Dakota DBA Name Online in 2024
Do you want to understand the ins and outs of DBA registration in South Dakota and take charge of the filing process? We’ve got you covered. In South Dakota, a DBA, or Doing Business As, lets individuals operate under a different name for various purposes like marketing, sales, and legal matters. It’s also known as …
I’m not intentionally picking on Johnson and Johnson. But their current ethical challenges couldn’t be a better case study for the financial impact of not living one’s values. As reported this morning, Johnson & Johnson, the world’s largest health products company, said fourth-quarter profit fell 12 percent, hurt by product recalls and declining sales. The …
One of the biggest misconceptions about the Fundraising Committee is that its members are to do the fundraising for the nonprofit. No, the job of the Fundraising Committee is to ensure that the fundraising is done very well. The actual fundraising should be done by all Board members, with various staff members supporting those Board …
The window is closing for Johnson & Johnson to retain realistic hopes of regaining its trusted position with customers. Customers are moving away from the brand and are increasingly finding suitable substitutes. Today’s New York Times offers an update on what is happening with J&J. But what is most striking to me is how this …
Three common issues that can hamper even skilled, ethical and intelligent directors: conflicted relationships, committee thinking and shareholding!
Today’s business press reports that a lawsuit filed last week on behalf of Johnson & Johnson shareholders accused the company’s directors of ignoring “red flags” foreshadowing product recalls and government probes of manufacturing defects and marketing practices. The lawsuit alleges that while J&J once set “the gold standard for integrity and excellence,” the directors’ “utter …
I have to admit that I have a conflict of interest here. All four of my kids have attended Maimonides School in Brookline, Massachusetts. But the story below from boston.com is a good example of how we can instill values in our kids in ways that matter…to them and to us. In the last girls’ …
