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In my case the founder was well past the age most people would want to retire but still very active as chairman of the company. The scale of the business was such that structures had been introduced but all aspects of compensation were closely scrutinised by the founder and nobody dared make a decision without his approval. It was never clear to me if this was what he required or if fear was causing inaction, certainly anyone who crossed him could expect to be shown the door.

Chris,

Thanks for sharing your experience. And yes - not to underestimate the place of fear in this whole equation. Treading lightly and cautiously is certainly the order of the day when taking this challenge on.

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    Compensation consultant Ann Bares is the Managing Partner of Altura Consulting Group. Ann has more than 20 years of experience consulting with organizations in the areas of compensation and performance management.

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