Saturday, August 12, 2006

ถ้าคุณรู้จักใครที่บอกว่างานภาครัฐควรบริหารเหมือนกับธุรกิจภาคเอกชน ก็ควรบอกให้เขาดูผลงานวิจัยที่ New York Times เขียนถึงข้างล่างนี้

GOVERNMENT INC. Countless executives have headed off to Washington or their state capitals, vowing “to make government run more like a business.”

That may be a mistake, say two business school professors who argue that when it comes to compensation, division of power and succession, there is a lot the private sector can learn from the public one.

In summarizing the research by the University of Zurich professors, Matthias Benz and Bruno S. Frey, Larry Yu writes in Sloan Management Review that “politicians typically receive fixed salaries, as opposed to the incentive-laden contract of most C.E.O.’s, ostensibly to ensure that elected officials don’t set policy that they could easily manipulate for their monetary benefit.” Given the recent criticism of executive pay, no other comment is needed.

The authority over government is split among the branches of government. In business, Mr. Yu writes, “even if directors have stepped up their governance in recent years, institutional norms still stack the deck in favor of C.E.O.’s.”

And while chief executives and directors can serve forever, politicians need to face re-election regularly.

When it comes to corporate governance, maybe there is something to be learned from governments.

Excerpted from
"A Chip for All Seasons (and Jobs)"
New York Times
August 12, 2006

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