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 'business leadership'
June 22nd, 2014 · No Comments · Building Better Business Managers, Business Management, Employee compensation
May 18th, 2014 · 1 Comment · Building Better Business Managers, Business Management, Improving Your Business Leadership
Target is not the first successful company, nor will it be the last, to learn that failure to continue to do the things that created success will lead to an “agony of success.” Have you ever heard of a company – I mean, any company – that turns away a customer because he or she [...]
March 2nd, 2014 · 4 Comments · Building Better Business Managers, Business Management, Improving Your Business Leadership
It is a sure sign of dead leadership when the leader becomes inflexible, unresponsive to input, stuck in rigid positions and is exacting as to how things are to be done. Do you remember the scene in Washington, D. C. on a cold January day in 2009, when Barack Obama stepped spritely to the podium [...]