Remove 2001 Remove Ethics Remove Incentives Remove Management
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Five House Rules for Managing Risky Behavior

Harvard Business Review

For enterprise risk management, key policies include a statement of risk appetite and explicit risk tolerance levels for critical risks. The company's performance measurement and incentive systems, and the degree to which risk management is considered, will also have a profound impact on employee behavior. Set clear policies.

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What U2 and the US Navy Have in Common: Connecting with Core Employees

Michael Lee Stallard

Leaders consciously or unconsciously lump employees into three categories: the “stars” consisting of those in management as well high potential employees, the much larger “core” made up of solid contributors, and the rest, employees whose contributions and fit with the organization are questionable. That might surprise some.

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When Tough Performance Goals Lead to Cheating

Harvard Business Review

When Enron, one of the world’s largest energy companies, collapsed in 2001, it sent shock waves through the corporate world. Setting goals is one of the established tools that managers have to increase staff motivation and performance. This research was recently published in the Journal of Business Ethics.

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Why WikiLeaks Matters More (And Less) than You Think

Harvard Business Review

And the result of an undersupply of disclosure is toxic, perverse incentives. The original Napster was shut down in 2001, but its P2P heirs continue to share pirated files, and it paved the way for the rise of iTunes and Pandora — and the fall of Tower Records.

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Why It’s So Hard to Train Someone to Make an Ethical Decision

Harvard Business Review

One of the conundrums of ethical decision making is that many moral decisions that are quite straightforward — even easy — to resolve in a classroom or during training exercises seem far more difficult to successfully resolve when confronted during actual day-to-day decision making. You and Your Team Series. Mark Chussil.

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A Couple Reasons to Smile About

Women on Business

The Bush cuts also gradually raised the estate exemption and lowered the estate tax from 2001 until 2010, when the estate tax disappeared for that year only. Barring any Congressional action to change this law, taxes were set to revert back to their pre-2001 rates on January 1, 2011. What’s in the Tax Bill?

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The Big Picture of Business – Business Lessons to be Learned from the Enron Scandal

Strategy Driven

The Enron scandals of 2001 and 2002 focused only upon cooked books audit committees and deal making. It was very ‘old school’ (a management style that was 40 years obsolete), though it pretended to be ‘new school.’ It charged too much money and got away with it (because mid-managers but brand names of firms).