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Creating My Own Business

Strategy Driven

Download the sample that represents your company type the most and start filling it up. This way, you can figure out how much capital you need to raise through personal funds, investments, or bank loans. Small business loans through banks are classic ways of starting and are safe. Open your business bank account.

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The Motivating (and Demotivating) Effects of Learning Others’ Salaries

Harvard Business Review

We conducted an experiment with a sample of 2,060 employees from all rungs of a large commercial bank in Asia. To make sure they had incentives to be truthful, we offered rewards for accurate guesses. Our recent research sheds light on this question, and our findings may surprise you.

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Stop Paying Executives for Performance

Harvard Business Review

And yet from a review of the research on incentives and motivation, it is wholly unclear why such a large proportion of these executives’ compensation packages would need to be variable. The goal of most executive incentive plans is to focus leaders on hitting goals and achieving outcomes. Fixating on performance can weaken it.

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The Fastest-Growing Cause for Shareholders Is Sustainability

Harvard Business Review

” We found that 58% of the shareholder proposals in our sample were filed on immaterial issues. First, responding to immaterial issues was more common when the incentives of managers and investors were misaligned. Rather, it reflects the pro-social objectives of a large number of sponsors of such proposals.

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Finance Can Be a Noble Profession (Yes, Really)

Harvard Business Review

How will the crisis of problematic loans in Italian banks be resolved? And the sharp rise in markets-based compensation — including high-powered incentives for money managers and equity compensation for CEOs — has further fueled the depth and breadth of these errors.

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When Competition Between Coworkers Leads to Unethical Behavior

Harvard Business Review

The scenario was motivated by the true story of an investment banker whose trading practices ultimately drove his bank to insolvency. According to the scenario, Sam was one of the key traders for his bank’s recently launched operations in Singapore. Now, Sam also managed the bank’s error account.

Ethics 15
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What Does It Mean to Sell? Ask the U.S. Supreme Court

Harvard Business Review

Likewise, if a salesperson explains a product's benefits, provides samples, offers contrasts with competing products, and handles objections, it shouldn't matter how the end customer actually fulfills an order. The team is working to win a multi-million dollar deal with a major banking customer.