In the CEO Afterlife

DECEMBER 11, 2012

My educated guess says that P&G and Unilever top management knew nothing of the conspiracy until the regulators came knocking. Collectively, these giants employ 300,000 people, the vast majority of which are committed to delivering results, ethically. As you might guess, that CEO of Nestle is no longer with the company.

Price 162

Price Discount Brand Incentives 162

N2Growth Blog

NOVEMBER 29, 2010

Posted on November 29th, 2010 by admin in Miscellaneous , Operations & Strategy , Talent Management By Mike Myatt , Chief Strategy Officer, N2growth Bonus or no bonus? There is a tremendous amount of conflicting data as to whether or not incentive compensation in any form is an effective motivation tool. That is the question.

Blog 382

Blog Metrics Brand CEO 382

In the CEO Afterlife

DECEMBER 11, 2012

My educated guess says that P&G and Unilever top management knew nothing of the conspiracy until the regulators came knocking. Collectively, these giants employ 300,000 people, the vast majority of which are committed to delivering results, ethically. As you might guess, that CEO of Nestle is no longer with the company.

Price 148

Price Discount Brand Incentives 148

HR Digest

APRIL 27, 2024

By regularly incorporating such ways of showing appreciations, companies can ensure a motivated and collaborative workforce. Interactive Quizzes: Organize a fun quiz about the employee’s journey and achievements in the company, fostering a fun and engaging way to celebrate the milestone. Thanks for being such a pleasure to work with.”

Morale 52

Morale Team Teamwork Loyalty 52

Harvard Business Review

DECEMBER 29, 2016

It’s hard for good, ethical people to imagine how these meltdowns could possibly happen. But what about the ordinary engineers, managers, and employees who designed cars to cheat automotive pollution controls or set up bank accounts without customers’ permission? Incentives and pressure to inflate achievement of targets.

Ethics 11

Ethics Company Emotional Intelligence Short-term 11

Harvard Business Review

NOVEMBER 8, 2016

For far too long, managing risk has been seen as an esoteric business function — designed to control losses and adhere to compliance standards. Ethical lapses arise when people take risks but do not bear the downside of their risky behavior. Misaligned incentives can also create organizational “blind spots.”

Risk Management 10

Risk Management Ethics Management Agility 10

Harvard Business Review

MARCH 24, 2017

You are the newly promoted vice president of business development at an oil company. The onus for ethical behavior falls first to the employee. So how do you know whether your company is positioned to help you­ — or hurt you — as you encounter gray-area decisions in your work? Picture this.

Ethics 8

Ethics Company Incentives Policies 8

Strategy Driven

MARCH 15, 2019

To quote The Economist “consumer trust is the basis of all brand values, and therefore brands have an immense incentive to retain it”. Companies have to be consistent in their behaviour, from top to bottom, and right along the supply chain, from the ‘first hand of production to the final hand of the consumer’. Why is this so important?

Supply Chain 75

Supply Chain Brand Advertising PR 75

Harvard Business Review

SEPTEMBER 20, 2016

” That speaks to why they did this in the first place: To meet sales quotas and earn incentives. paid $850 million in fines in the aftermath of accusations that it had received kickbacks from insurance companies for steering business their way — a scheme at odds with Marsh’s commitment to finding the best deal for customers.

Incentives 8

Incentives Banking Ethics Insurance 8

Harvard Business Review

DECEMBER 18, 2017

Corporations often approach ethics as an individual problem, designing oversight systems to identify the “bad apples” before they can turn the organization into a “rotten barrel.” They replicate despite changes in leadership and in management systems. Vince Streano/Getty Images.

Ethics 11

Ethics Organization Incentives Long-term 11

Strategy Driven

MARCH 22, 2018

You’re competing for the attention of consumers that are potential clients for your company. Your industry might be crowded with rival businesses that offer the same or similar services to your company, but the thing that defines every business is its brand. That’s how you stand out from the crowd. Here’s some advice to help you do so.

Brand 51

Brand Incentives Ethics Reputation 51

Lead on Purpose

AUGUST 6, 2009

In working and talking with driven leaders it has been shown that the projects that are most difficult to manage are usually related to new product and service launches. This is an awsome incentive that could motivate a lot of people! Please share your story as a comment to this post by August 15, 2009 and you’re entered to win!

Productivity 100

Productivity Products Press Release Discount 100

Women on Business

DECEMBER 7, 2010

How much better would our interactions with companies become? What if service people were given incentives for the “yes” answers they gave to customers and were docked pay for their “no” answers? Yes, I will talk to my manager and see if we can do that for you.” Being helpful comes with a price, and the price is more work.

Press Release 170

Press Release Discount PR Compliance 170

Harvard Business Review

DECEMBER 16, 2016

Most companies have ethics and compliance policies that get reviewed and signed annually by all employees. “Employees are charged with conducting their business affairs in accordance with the highest ethical standards,” reads one such example. Creating an Ethical Workplace. You and Your Team Series.

Ethics 8

Ethics Compliance Policies Supply Chain 8

Harvard Business Review

AUGUST 27, 2014

For example, during CEO Mary Barra’s testimony in Washington, few lawmakers seemed interested in exactly how GM plans to change its processes, and Barra, while acknowledging that the company needs to improve safety procedures, made it clear that the company won’t share the data from its internal investigation of ignition-switch defects.

Incentives 8

Incentives Performance Review Welch Motivation 8

Strategy Driven

OCTOBER 29, 2018

However, not all of them will, and this might be because there is no general work ethic to work harder or longer. Put this mission statement at the heart of your company and show it to any potential employees. To find these hidden gems try and encourage work-related competition to find new ways of working and new ideas.

Mission Statement 50

Mission Statement Morale Loyalty Efficiency 50

Strategy Driven

NOVEMBER 6, 2015

Sometimes the difficulty of managing your time makes for a haphazard operation. When a company is content with being merely mediocre it may survive but it will never do extremely well. If these are incorporated into the culture of your company a culture of excellence in all things will soon be prevalent. Focus on excellence.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Harvard Business Review

FEBRUARY 7, 2017

Some employees even claimed that they were fired for calling the internal ethics hotline. These claims raise important questions that every major company needs to ask: Are employees aware of our ethical standards and the laws surrounding our business? Even worse, would management retaliate against a whistleblower?

Management 8

Management Ethics Banking Tips 8

Harvard Business Review

MARCH 22, 2018

Over the last decade, industries, academics, and the public sector have turned their focus toward culture and ethics in response to the financial crisis as well as misconduct at a broad range of corporations. But this can also impose costs on people not directly connected to the company. naqiewei/Getty Images. Externalities.

Company 11

Company Banking Incentives Human Capital 11

Harvard Business Review

NOVEMBER 16, 2018

Corporate bribery—that is, the practice of companies paying government officials for preferential treatment — is not only illegal in dozens of countries. Since 2006, hundreds of companies — including global brands like Novartis , Hewlett-Packard , and Rolls Royce — have reached settlements with U.S.

Management 10

Management Ethics Cost Bureaucracy 10

Harvard Business Review

NOVEMBER 14, 2018

Some of the worst corporate disasters of the past two decades were heralded by whistleblowers: Sherron Watkins raised the red flag internally at Enron, Cynthia Cooper let management know of major accounting problems at WorldCom, and Matthew Lee brought problems to his management team at Lehman Brothers. But that’s not the case.

Company 11

Company Report Compliance Officer System 11

Harvard Business Review

MARCH 28, 2017

One of the many things managers worry about is employees breaking the rules. Companies have tried many different ways to limit unethical behavior, from creating codes of conduct to implementing ethical training. We advise managers to consider the context of their teams’ work.

Ethics 8

Ethics Participative Process Compliance 8

Harvard Business Review

MARCH 15, 2016

To resolve such conflicts, managers must frame the issues carefully and consider the long-term effects of their decisions. Another version claims that management had decided to cut down on prayer breaks. Workers and employers alike have incentives to reach a compromise. Otherwise, they are both likely to suffer.

Company 8

Company Ethics Policies Diversity 8

Strategy Driven

FEBRUARY 6, 2015

Quality is not something that managers assign others to achieve. Rather than assume all is wrong or right with an organization and take a defensive posture, management must view quality as essential to their economic survival or growth. It is not enough for management to endorse quality programs; they must actively participate.

Quality 50

Quality Metrics Strategic Planning TQM 50

N2Growth Blog

AUGUST 5, 2010

I don’t know about you, but it’s almost as if we have raised a generation of leaders who feel they have a moral and ethical obligation to be politically correct – WRONG. And if you succeed by learning to be politically correct in an organization what is the incentive to be anything else? How sad is this?

Politics 375

Politics Blog Leadership Diversity 375

N2Growth Blog

NOVEMBER 23, 2010

In evaluating any relationship in the value chain I’m looking for value, talent, performance, leverage, efficiency, economy of scale, work ethic, integrity, character, discipline and many other traits irrespective of your skin color, age, etc. A sense of entitlement is not a substitute for work ethic and a desire to achieve.

Diversity 350

Diversity Blog Leadership Learning-by-Doing 350

Harvard Business Review

JUNE 13, 2012

As a recent example, a simple background check would have saved the Yahoo board the trouble of ousting Scott Thompson , the company's fourth CEO in five years, because he falsely claimed a computer science degree. A growing number of companies also conduct behavioral and honesty testing to screen employees. Set clear policies.

Management 13

Management Banking Committee Risk Management 13

Harvard Business Review

JULY 19, 2018

One of the biggest challenges facing management scientists has been the struggle to produce knowledge that is both academically rigorous and applicable to practicing managers. In an Academy of Management Journal editorial, we described two problems that contribute to this challenge. spiderstock/Getty Images.

Metrics 11

Metrics Ethics Incentives Policies 11

Harvard Business Review

MAY 28, 2015

According to legend, Sarah Winchester, the extremely wealthy widow of the founder of the Winchester rifle company, was told by a spiritual medium that she would be haunted by the ghosts of the people killed by her husband’s rifles unless she built a house to appease the spirits. ” Is management research a folly?

Management 8

Management Retail Construction Ethics 8

Harvard Business Review

DECEMBER 14, 2015

Much less attention is paid, however, to the manner in which Buffett manages the company itself. This is somewhat surprising, given that his management system is very different from those of other publicly traded companies. The company does not ask for budgets, financial forecasts, or strategy documents.

Short-term 8

Short-term Long-term Supply Chain Ethics 8

Harvard Business Review

DECEMBER 1, 2016

Quarterly goal attainment is a visible measure of success, and often a determinant of incentive pay. Analysts and investors track company performance against quarterly goals, so company executives push the sales team to deliver on the company’s promise to the investment community.

Short-term 8

Short-term Succession Long-term Incentives 8

Chartered Management Institute

JANUARY 31, 2024

According to the British Academy , which consulted dozens of top business leaders to produce its guidance on the subject, a company has a purpose when it produces “profitable solutions for problems of people and planet”. Any effort to build an ethical culture must focus on how organisational conditions impact employees.

Taylorism 52

Taylorism Taylor Advice Incentives 52

Harvard Business Review

MAY 19, 2016

You’ve managed the same team for the past five years — then one day you find out that your most successful employee uses cognitive-enhancing drugs on the job. Meanwhile, the world of management remains stunningly silent. Companies already know a great deal about how their employees live their lives.

Ethics 15

Ethics Stress Policies Morale 15

First Friday Book Synopsis

APRIL 5, 2011

Here are brief excerpts from two articles featured by McKinsey & Company. I suggest you read them in the order in which they appear here, then click where indicated to read each in its entirety. I presume to suggest, further, that you register to receive email updates on other resources that are also available at [.].

Crisis 80

Crisis McKinsey Resources Article 80

Michael Lee Stallard

JUNE 23, 2010

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.

Long-term 207

Long-term Consensus Class Follow-up 207

Harvard Business Review

OCTOBER 11, 2013

Corporate incentives and culture may be even more important in explaining what changed on Wall Street in recent years, and by placing too much emphasis on quantitative ratios like leverage, we may be missing some other important parts of the problem. The result was an intense focus on risk, including risks related to ethical standards.

Incentives 8

Incentives Banking Ethics IPO 8

Harvard Business Review

SEPTEMBER 8, 2016

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.

Goal 8

Goal Morale Ethics Participative 8