About the Book: Rethinc: Whats Broke at Todays Corporations and How to Fix It
Corporations are crucial to societys well-being. Yet, not many have chosen to
adapt themselves to the expectations of employees and the society at large.
Prof. Ram Mohan identifies the three main problems that ail companies and
illustrates the ways in which these can be combated.
Most companies are still run from the top and make very little attempt to
involve employees at the lower levels in decisionmaking. Executive compensation
has spiralled steeply in recent years because the process of determining it is
seriously flawed. Boards of directors are ineffective and have abetted