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Innovating the Toyota, and YouTube, Way

Harvard Business Review

I just tell them, 'Please make something great,'" says Liam Collins, who oversees the Los Angeles facility, told the paper. "We Organizations don't — and shouldn't — accomplish that by dangling financial incentives and lures. These investments are more about the development of human capital than finance.

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Five House Rules for Managing Risky Behavior

Harvard Business Review

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. Appropriate risk, compensation, and financial policies will set the incentives and boundaries for employee behavior. That meant Enron was able to report $3.3

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What Businesses Need to Know About Sustainable Development Goals

Harvard Business Review

More than 190 member countries committed to “eliminate poverty in all its forms everywhere” by 2030, together with 16 other “big, hairy, audacious goals” — to use Jim Collins’ memorable phrase. A public commitment to such an effort creates an incentive to follow through. during the assembly.

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Health Care Innovation Doesn’t Have to Be Driven by Profit

Harvard Business Review

In recent years, the Centers for Medicare and Medicaid Services (CMS) has given hospitals, physicians, and other providers incentives to form accountable care organizations (ACOs), with responsibility for outcomes and costs held by a single entity rather than diffused across independent providers.

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Why Private Equity Still Makes Us a Little Queasy

Harvard Business Review

If the auguries of "strategic due diligence" suggest a favorable outcome and bankers are willing to lend lots to help finance the deal, the PE masters of the universe acquire the property and put in place a "performance improvement plan" to make their new asset more profitable.