article thumbnail

The Big Picture of Business – Ethics… Good for Business

Strategy Driven

In order to succeed and thrive in modern society, all private and public sector entities must live by codes of ethics. Ethics and profits are not conflicting goals. It is during the downturns that strong, committed and ethical businesses renew their energies to move forward.

Ethics 51
article thumbnail

Bonus or No Bonus? | N2Growth Blog

N2Growth Blog

While I believe bonus structures to be a key component of successful compensation plans, if current employees are generally happy with the existing comp plan and are hitting performance goals there may not be the need to add another layer to the comp plan. I personally dont feel bonuses work to promote a good work ethic.

Blog 325
Insiders

Sign Up for our Newsletter

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

article thumbnail

Vision vs. Mission | N2Growth Blog

N2Growth Blog

Our responsibility is to respect the ethic. A goal is a specific target and the objectives are the attainment components/benchmarks/hurdles which will lead you toward achieving said goal. Furthermore, the enduring anchor of an organization is found in its values and ethics, not its mission. impact the competitive arena.

Blog 344
article thumbnail

The Big Picture of Business – Diversity is Important for Business

Strategy Driven

In the Chinese culture, every crisis is first recognized as a danger signal and always as an opportunity for overcoming obstacles. Every professional must embrace a set of ethics: Things for which each professional holds himself/herself accountable. Realistically attainable goals. Contains mechanisms to teach and mentor others.

article thumbnail

Should CEOs Have Term Limits? | N2Growth Blog

N2Growth Blog

Furthermore, last time I checked a CEO can always be removed for lack of performance, or moral and ethical indiscretions, so what purpose do CEO term limits serve other than to disincentivize the CEO? Why would you ever want the person in charge of corporate leadership, vision and strategy to be a lame duck right from the get go?

CEO 287
article thumbnail

The Big Picture of Business – Doing Your Best Work on Deadlines: Mobilizing the Energy for Best Business Success

Strategy Driven

I recommend that diversity audits, quality control reviews, ethics programs and other important regimen be conducted as part of Strategic Planning, rather than as stand-alone, distracting and energy diverting activities. By seeing the daily changes resulting from the planning, companies are poised to rise above the current daily crises.

Energy 80
article thumbnail

The Big Picture of Business – The Future Has Moved… and Left No Forwarding Address.

Strategy Driven

Futurism is a continuum of thinking and reasoning skills, judicious activities, shared leadership and an accent upon ethics and quality. Futurism: ideas that inspire, manage and benchmark change. Creating organizational vision, which sets the stage for all activities, processes, accomplishments and goals. Quotes on The Future.