SECOR Group is a leading Canadian-based international strategic management consulting firm
Highlights & Features
FEATURES
Marcel Côté, Partner, is one of SECOR's thought-leaders on innovation. Marcel's experience in innovation and economic growth policies made him the ideal candidate to be a member of the Expert Panel set up by the Council of Canadian Academies. This exclusive Panel will report this month to the Government of Canada on the state of innovation in Canada. Marcel was also a sponsor of the global MINE (Managing Innovation in the New Economy) survey of over 1000 firms on their innovation practices. The survey documented innovation strategies and performance in all sectors of the economy and ultimately, led to the identification of six patterns of innovation, which we refer to as "innovation games".
Misaligned incentive compensation was a major factor in driving the financial services industry to crisis. Incentive compensation is a powerful tool: if you get it wrong it can result in disaster; if you get it right, it can put great force behind your strategy. Industry has had an over-reliance on compensation benchmarking historically, resulting in replicated errors and indistinctive performance. SECOR is taking its knowledge of strategy and organization alignment into the arena of compensation to offer a fresh perspective, a strategic perspective, on how compensation can be aligned with strategy and stakeholder interests. With an initial focus on the issues in financial services, we draw your attention to 2 new articles:
1. Misaligned Incentives and the Economic Crisis, by Ken Smith, published in Business Week On-Line »
2. Fixing Dangerous Compensation, by Yves Roy, Jean-Pierre Sable and Ken Smith, a SECOR Perspective available here »
Secor expands to Asia
SECOR has established an office in Vietnam. We will continue to serve international firms, interested in Vietnam and China. In addition, we will serve domestic companies. Our staff represent highly educated local staff combined with leading North American consulting expertise.