article thumbnail

Social Pressure Is a Better Motivator Than Money

Harvard Business Review

If your business objectives aren't linked to employee compensation, it sends a strong message that they aren't a real priority, and motivation is adversely affected. When business objectives are linked to compensation, motivation to drive for results is rarely meaningfully enhanced. The flip-side, however, isn't true.

article thumbnail

Managing People from 5 Generations

Harvard Business Review

Reverse or reciprocal mentoring programs , which pair younger workers with seasoned executives to work on specific business objectives usually involving technology, are increasingly prevalent in many offices. Develop incentive plans that reflect where your employees are in their lives. Principles to Remember. Don’t.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Executives and Salespeople Are Misaligned — and the Effects Are Costly

Harvard Business Review

Companies fail to get the most out of the $12 billion a year they spend on sales enablement tools and the billions more on CRM technology. And hiring the right candidates also becomes a problem, especially as new buying processes, driven by online technologies, reshape selling tasks.

article thumbnail

Collect Your Employees’ Data Without Invading Their Privacy

Harvard Business Review

In a few cases, business objectives can’t be met with anonymous data. We provide people with personal, confidential reports that compare their own data to organizational benchmarks, and this helps give them an incentive to participate. Information & technology Managing people Technology'

article thumbnail

Global Companies Need to Adopt Agile Pricing in Emerging Markets

Harvard Business Review

Pricing decisions tend to be made in regional or global headquarters in order to achieve global or at least regional consistency, but this can undermine business objectives when they do not consider local economic conditions and the prices offered by competitors. Their decisions are too centralized.

Price 8