Aiming For Best-in-Class Decision Making

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Best-in-class decision-making is what every compensation committee wants. How do committee members move themselves from feeling overwhelmed by the tactical to making the tactical seem routine? One route to improvement ranks high: committees that insist on a robust annual self-assessment of their performance—performance along three key dimensions: people, process, and materials. This article by Barry Sullivan explores specific processes compensation committees can utilize to foster best-in-class decision-making.