MONEY COMES AND GOES, BUT DR. MCGUIRE SHOULD HAVE REALISED THAT RESPECT ONCE LOST, RARELY COMES BACK
It is said that the greatest wealth is health. And at times, when you aren’t in the pink of health, the greatest wealth is health insurance! But for America’s second largest health insurer UnitedHealth Group (UHG), the best medicine (if it existed) could have been insurance against greed! A corporate scandal involving grave tribulations with the way stock options were granted, has literally shaken the roots of the company and caused exits of quite a few high profile executives (either via resignation or by forceful removal). And when heads roll, even the best are not spared. At the top of the list was Dr. William W. McGuire, the iconic CEO of UHG, who was credited with bringing the company from oblivion to a position of indomitable strength.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, 2006
It is said that the greatest wealth is health. And at times, when you aren’t in the pink of health, the greatest wealth is health insurance! But for America’s second largest health insurer UnitedHealth Group (UHG), the best medicine (if it existed) could have been insurance against greed! A corporate scandal involving grave tribulations with the way stock options were granted, has literally shaken the roots of the company and caused exits of quite a few high profile executives (either via resignation or by forceful removal). And when heads roll, even the best are not spared. At the top of the list was Dr. William W. McGuire, the iconic CEO of UHG, who was credited with bringing the company from oblivion to a position of indomitable strength.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, 2006
An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative
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