I do believe that the concept of sharing value with those who create it is by far the most effective way to motivate fellow employees. However, fair and effective compensation plans must be properly structured, implemented and supported. Here are the steps I recommend:
Entries Tagged as 'Building Better Business Managers'
June 22nd, 2014 · No Comments · Building Better Business Managers, Business Management, Employee compensation
June 1st, 2014 · 1 Comment · Building Better Business Managers, Business Ethics, Business Management, Improving Your Business Leadership, Politics and Politicians Gone Awry
For a leader, the most difficult problem to solve is the problem you don’t know about. Well, the IED of bureaucracy has exploded. Eric Shinseki has been blown out as head of the Department of Veterans Affairs. Certainly, this was no surprise because in any bureaucratic organization, where true accountability is often impossible to identify, [...]
May 26th, 2014 · No Comments · Building Better Business Managers, Business Management
The dangers inherent within a bureaucratic culture are an abundance of rules that strangle options and cripple the urgency to act. This past week, with little real news and airtime to fill, the media merry-go-round calliope commonly called the “news cycle” fell back on an old and reliable target by focusing on bureaucratic foul-ups at [...]