Is the Compensation of Pdq’s Ceo Appropriate?

Abstract

Critical thinking is a necessary step one should take before agreeing or disagreeing with the information being presented. Asking questions and thoroughly analyzing the information presented will help determine how reasonable the information presented really is. This paper provides a critical analysis of Mark Headlee’s memorandum on whether the compensation level of PDQ’s CEO is appropriate given current industry standards. The critical analysis is presented using the ten step critical thinking process in Browne and Keeley’s book Asking the Right Questions: A Guide to Critical Thinking.

Is the Compensation of PDQ’s CEO Appropriate?

A Critical Thinking Analysis using Browne and Keeley’s Ten Step Process

During the September meeting of the Board of Directors at PDQ, the Director of the Executive Compensation Committee requested that an evaluation be performed of the compensation level of their Chief Executive Officer (CEO). Mark Headlee, the Senior Vice President of Human Resources at PDQ, performed the research that both the Board of Directors and Mark Headlee himself felt was necessary and submitted his findings and conclusion in a memorandum to the Board of Directors on October 1, 2011. In this paper, I will critically evaluate Headlee’s issue, conclusion and the reasons cited for supporting the conclusion using the following ten step critical thinking process from Browne and Keeley’s book Asking the Right Questions: A Guide to Critical Thinking:

1. What are the Issue and the Conclusion?

2. What are the Reasons?

3. What Words or Phrases are Ambiguous?

4. What are the Value and Descriptive Assumptions?

5. Are There Any Fallacies in the Reasoning?

6. How Good is the Evidence?

7. Are There Rival Causes?

8. Are the Statistics Deceptive?

9. What Significant Information is Omitted?

10. What Reasonable Conclusions are Possible?

By critically evaluating Headlee’s memorandum using Browne and Keeley’s ten step...