So, how would you go about figuring who’s on the firing list? How about by revenue that’s an old standby? What about who’s the biggest pain in the —– you fill in the blank.
Senior Management Incentive Programs-Do They Work?
Do they WORK? Depends on what you mean by ‘work’. At best they usually succeed at securing one thing only: temporary compliance. But what is the cost of this compliance? In ancient times human sacrifice was practiced every day assuring that the sun rose every morning. And it did.
The Good, Bad and Ugly of Incentive Systems Part 3
Humans by nature are curious and self-directed. Watch a child develop before entering the educational systems and after. Parents, then educators, then management/work environment beat a lot of those characteristics out of us.
The Good, Bad and Ugly of Incentive Systems Part 2
What drives the perceived need for incentive systems? First is the old standby “everyone else is doing it and I have to remain competitive” and although its hard to admit for some leaders, ‘a management philosophy that work in not inherently enjoyable and people can’t be trusted therefore we must coax people with external rewards and or punishment’.
The Good, Bad and The Ugly of Incentive Systems Part 1
Do you need incentives to motivate people in an environment of good management? Today’s business management philosophy and practices haven’t really caught up with the current nature of employees and the type of work they are required to accomplish.
Final Observations On M&A
A few final thoughts for Leaders thinking about doing an M&A