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Take Off the Cuffs

Lead Change Blog

Posted in Leadership Development [link] “Golden handcuffs” is a phrase used to describe a system of financial incentives designed to keep key employees from leaving a company. If you are wearing them, however, they likely feel a lot more like a safety and security net, than like restraints.

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Offering Retirement Benefits to Employees: Pros and Cons

HR Digest

Offering excellent retirement benefits for an employee can be useful for small companies who strive to attract and retain the right talent and skilled professionals. Smaller companies don’t need to match salaries with large corporations. Golden parachutes: This is an agreement between the companies and the key professionals.

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Fast Friday with Tony Hsieh, CEO of Zappos.com (and P. Diddy.

Roundtable Talk

In Hsieh’s case, they focus on making their customers happy and not making the company profitable (the thinking being that happy customers lead to a happy bottomline)… the strategy seems to be working. Under this direction, Zappos.com has grown from nothing to over $1 billion in grow merchandise.

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Talent Management Best Practice 4 – Know Your Artificial Employment Retainers

Strategy Driven

For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. Complimentary Resource – Talent Management Helps Small Companies Make Big Moves.

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The Top Five Career Regrets

Harvard Business Review

Whoever called them golden handcuffs wasn't joking. To become an owner, not an employee in someone else's company. Lamented one investment banker, "I dream of quitting every day, but I have too many commitments." Another consultant said, "I'd love to leave the stress behind, but I don't think I'd be good at anything else."

Career 8
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Using Supply Chains to Grow Your Business

Harvard Business Review

Innovative, proudly geeky Norwegian software company, Trolltech , an open-source pioneer, landed a contract with the mobile division of Sharp, the Japan-based consumer electronics global powerhouse. When one customer is responsible for the lion’s share of your sales, it’s like golden handcuffs.

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Huawei’s Culture Is the Key to Its Success

Harvard Business Review

Today, Huawei is the only Chinese company – out of the 91 mainland Chinese companies listed on the Fortune Global 500 list – earning more revenue abroad than in China. ” But as with many great companies, we find part of the solution to this puzzle by looking at the specific values that define the culture of Huawei.