Mike Cardus

APRIL 14, 2011

Elliot Jaques “ Social Power and the CEO ”. The assumption that people need to be motivated by incentive bonuses to produce more. The notion that some types of roles (sales, research, finance, etc.) List is from Elliot Jaques “Social Power & the CEO” 2002. Why do people work ? Why do you work?

System 157

System Commitment Motivation Incentives 157

Women on Business

DECEMBER 7, 2010

What if service people were given incentives for the “yes” answers they gave to customers and were docked pay for their “no” answers? That said, we can’t be a powerful yes unless we’ve got a real consciousness about our no. If the person says “yes” they may have to do something and then take a risk for doing it.

Press Release 170

Press Release Discount PR Compliance 170

Women on Business

JANUARY 3, 2011

If possible, provide some financial incentive like a small hourly rate or commission for work well-done. Make sure you say in your ad description what they need to be successful with you (eg – a computer with internet access, a nice phone voice, computer skills, etc.). I have used www.internhere.com to post my request.

Press Release 160

Press Release Parcell Discount PR 160

Strategy Driven

NOVEMBER 6, 2015

Development of technical abilities, specialties and expertise. Development of core business supplier relationships. Strategic Plan includes provisions for refinancing, equity and debt financing. Finance charges are negotiated. Incentives-rewards-bonus plan is annually updated, with realistic, measurable goals.

Succession 50

Succession Strategic Planning Budgeting Goal 50

N2Growth Blog

NOVEMBER 29, 2010

There is a tremendous amount of conflicting data as to whether or not incentive compensation in any form is an effective motivation tool. In today’s post I’ll take a look at the well intentioned but often misguided practice of year-end bonuses… Here’s a question – do bonuses work? Happy Holidays.

Blog 382

Blog Metrics Brand CEO 382

N2Growth Blog

MAY 5, 2011

In today’s post I share my thoughts on how to develop a sound pricing strategy… While the topic of pricing is certainly not rocket science, it has indeed been a thorn in the side of business people since the dawn of commerce.

Price 371

Price Discount Brand Supply Chain 371

Strategy Driven

JANUARY 22, 2015

The balance of power is tipping toward the feminine with more women taking on the workforce by graduating en masse from higher education well and above their male counterparts as well as starting businesses and taking a leading role in how major companies around the world are run. These are well worth participating in and supporting.

Diversity 50

Diversity Conference Competitive Advantage Participative 50

N2Growth Blog

OCTOBER 14, 2010

Whether paid work or a volunteer role within a church, placing people in positions where they can maximize their strengths, know that they are truly valued and that they play a significant role in fulfilling the vision will go a long way towards preventing burn out and loosing incentive. Great interview Mike! Thanks for stopping by Scott.

Blog 360

Blog Leadership Brand Crisis Management 360

Harvard Business Review

OCTOBER 26, 2011

Solyndra's example has been particularly stark: it raised over $1 billion in equity finance in addition to receiving a $535 million loan guarantee from the Department of Energy, all prior to a cancelled IPO and the recent FBI investigation upon its bankruptcy.

Energy 10

Energy Finance IPO Biotechnology 10

Harvard Business Review

AUGUST 8, 2018

If all went well, AI-powered robots would enable the company to achieve a weekly production of 5,000 Model 3 electric cars to keep up with burgeoning demand. Other incentives included a state tax credit of $3,500 per job created, as well as assistance from Georgia Quick Start, a state program that provides training support.

Power 9

Power Engineering Analysis Training 9

Harvard Business Review

FEBRUARY 2, 2016

Instead, our interviews found a willingness to let organizational forms and structures evolve naturally, developing in line with the identity of the enterprise. Then came sales forces, finance departments, and R&D labs—including the original labs of Thomas Edison and Alexander Graham Bell.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

NOVEMBER 7, 2018

More recently, it has gained attention as a way to finance new ventures, through what is known as an Initial Coin Offering (ICO). Less noticed, though, is ICOs appear almost antithetical to the standard approach to financing a risky venture. In fact, ICOs have upended the conventional pattern of staged experimentation and fundraising.

Cost 8

Cost Decentralization Finance Entrepreneur 8

Strategy Driven

OCTOBER 3, 2013

Developing a culture of caring within your organization to engage your employees is vital to the strategy to drive success to your business. In order to leverage the power of customer care in your business, it must be integrated into all aspects of your business by recognising your internal and external customers.

Motivation 64

Motivation Environment Servant Leader Competitive Advantage 64

Harvard Business Review

NOVEMBER 20, 2015

Some companies could get a jumpstart in their industry in organizing partnerships and even positioning themselves as leaders in sustainable development using the goals as a branding anchor. Realizing the Sustainable Development Goals will improve the environment for doing business and building markets. The case is clear.

Goal 8

Goal Supply Chain Development Globalization 8

Harvard Business Review

APRIL 2, 2018

But, like pharmaceuticals, each of these entities is represented by powerful lobbyists (such as physician and hospital organizations), who will strongly oppose any steps to reduce payments. In the last half decade, however, several new HCV treatments have been developed with cure rates exceeding 90%.

Health Care 8

Health Care Insurance Pharmaceuticals Incentives 8

Harvard Business Review

JUNE 15, 2018

In particular, behavioral economics—that marriage of economics and psychology that has put terms like “ nudge ” into the popular lexicon—has provided a powerful tool for increasing savings, in the form of the default enrollment. But we now have some evidence about how to scale nudges to help change this.

Banking 8

Banking Finance Asset Management Bottom-up 8

Harvard Business Review

MARCH 14, 2017

When one of us (Vivek) and his team launched Roivant Sciences in 2014 and began developing treatments for Alzheimer’s disease — they were determined to learn from the pharma industry’s innovation issues and build a more sustainable innovation engine. Roivant’s first response was to address misaligned incentives.

Innovation 9

Innovation Company Incentives Industry 9

N2Growth Blog

AUGUST 5, 2010

Over time as I have had I chance to reflect on leadership I have become more convinced of the power and significance associated with having ‘diversity of thinking’ present. And if you succeed by learning to be politically correct in an organization what is the incentive to be anything else?

Politics 375

Politics Blog Leadership Diversity 375

Harvard Business Review

DECEMBER 11, 2013

To do so, you need clarity around how the CDO will work with the rest of the top management team as well as incentives that support collaboration across the top executives and senior managers — something that goes beyond equity compensation. Add incentives to the mix by setting goals around the collaborative activities.

Incentives 8

Incentives Chief Information Officer Business Intelligence Execution 8

Harvard Business Review

APRIL 11, 2013

We all have a stake in the infrastructure surrounding us — the roads, buildings, power lines, and telephone networks that we rely on daily. of GDP (PDF) is necessary to raise infrastructure in the region to the standard of developed East Asian countries. an estimated $100 billion per year.

Transportation 8

Transportation GDP Globalization Finance 8

Harvard Business Review

JUNE 25, 2015

We believe that CEOs need a partner for innovation inside their companies, someone who will create and defend processes, incentives, and metrics that encourage radical ideas and find new areas for growth. The Chief Entrepreneur is an executive as powerful as the CEO, with clear leadership over radical innovation within the company.

Entrepreneur 8

Entrepreneur CTO Business Model CEO 8

Harvard Business Review

AUGUST 8, 2011

A significant part of innovation and almost all of commercialization is driven by profit incentives and relies on a system of protection for the intellectual property rights of innovators and entrepreneurs. Allocating our best talents to finance risks damaging the long-term innovative capacity of our economy. This is what the U.S.

Politics 15

Politics Innovation Incentives Credit Rating 15

Harvard Business Review

JUNE 8, 2018

Digital companies, however, consider scientists’ and software workers’ and product development teams’ time to be the company’s most valuable resource. This notion, that risk is a desirable feature, can seem like sacrilege to anyone who’s taken an introductory finance course.

Report 8

Report GAAP Net Present Value CFO 8

Harvard Business Review

MAY 15, 2013

This is a problem, because without a reasonable definition (or definitions) of culture, we cannot hope to understand its connections to other key elements of the organization, such as structure and incentive systems. Nor can we develop good approaches to analyzing, preserving and transforming cultures.

Incentives 8

Incentives Definition Pharmaceuticals System 8

Harvard Business Review

OCTOBER 18, 2016

Such performance-insensitive pay packages seem to defy both common sense and established economic theory on optimal incentives. These days, most firms’ most powerful shareholders tend to benefit more from the performance of the entire industry than the performance of an individual firm. public companies.

CEO 8

CEO Asset Management Cooper Incentives 8

Harvard Business Review

APRIL 24, 2017

Studies show that individuals with political skills tend to do better in gaining more personal power as well as managing stress and job demands, than their politically naive counterparts. The second dimension of the political landscape is the extent to which the source of power is soft (informal) or hard (formal).

Politics 13

Politics Bureaucracy Long-term Short-term 13

Harvard Business Review

JANUARY 16, 2017

This is likely what happened at the professional services firm: The CEO’s unconscious need for power may have motivated him to not notice he was imperiling the organization. Consequently, the finance group, the risk organization, and the nonexecutive directors do most of this work. The finance group scrutinizes capital requests.

Company 8

Company CEO Finance System 8

Harvard Business Review

FEBRUARY 26, 2014

Their life anchors are their identification with an institution of great power; influence over individuals, policies, finances, and the community; and constant affirmation of their importance as individuals and of their role as leaders. That’s one reason why many top executives delay retiring and cling to power for as long as they can.

CEO 8

CEO Execution Policies Power 8

N2Growth Blog

NOVEMBER 23, 2010

Case in point is Wal-Mart CEO, Lee Scott, who is so concerned with diversity mandates that Wal-Mart officers are held financially accountable by tying officer incentive bonuses to achieving diversity goals. This is a leadership issue in which diversity, and the awareness of it, will play a key role in the development of future leaders.

Diversity 350

Diversity Blog Leadership Learning-by-Doing 350

Harvard Business Review

MAY 15, 2014

More recently, SpaceX, the rocketry and spacecraft company founded by legendary entrepreneur Elon Musk, developed its Falcon 9 launch vehicle for just over $300 million. over the past 20 years: until 2006, its finances were shaky, and it was losing about a point of market share every year. billion to achieve the same result.

Team 8

Team Human Capital CEO Efficiency 8

Harvard Business Review

FEBRUARY 23, 2018

Based on this research, I have developed a three-phase model that shows how companies can move beyond rhetoric and take ownership of sustainability. Psychological ownership refers to feelings of possessiveness and connection that we develop toward an appealing object such as a person, company, or even an idea.

Incubator 9

Incubator How To Real Estate Business Model 9

Harvard Business Review

DECEMBER 7, 2017

These two trends may seem separate—or, some people believe, incompatible—but together I believe they have the power to improve finance’s role in the world. Index funds can be a force for sustainable capitalism. In both cases, social and environmental metrics matter for the business’s financial success.

Supply Chain 8

Supply Chain Asset Management Chemicals Long-term 8

Harvard Business Review

OCTOBER 30, 2017

Whereas new technologies, competitors, and business models have made products and services more affordable and accessible in media, finance, retail, and other sectors, U.S. To that end, Iora has developed a “worry score” methodology, which rates each patient on a 1-to-4 scale according to their health status and needs.

Health Care 8

Health Care Innovation Insurance Disruptive Innovation 8

Harvard Business Review

JUNE 9, 2017

Equally troublesome, almost all policies focus exclusively on payments and finances but ignore the powerful influence of careerism and other non-financial motives that may compromise objectivity far more than financial incentives. Commonly, researchers develop a theory, then build a career gathering support for it.

Conflict of Interest 9

Conflict of Interest Pharmaceuticals Policies Industry 9

Harvard Business Review

APRIL 10, 2013

Because it is extremely difficult to define a priori what an entrepreneur is and is not, pro-entrepreneur incentives will inevitably create a direct or indirect cost for those entrepreneurs who don''t happen to fall into government''s typically limiting definition. Taxes per se do not hinder entrepreneurship.

Entrepreneur 8

Entrepreneur IPO Incentives Venture Capitalist 8

Harvard Business Review

JANUARY 13, 2014

Posing that question continues to be a powerful way to catalyze important strategic conversations. The uncertainty that increasingly characterizes our world means that companies need to attract, retain, and develop motivated innovators who can help to imagine and realize new growth opportunities. And short-term numbers at that.

Levitt 10

Levitt Christensen Competitive Advantage Welch 10

Harvard Business Review

JANUARY 8, 2013

Organizations don't — and shouldn't — accomplish that by dangling financial incentives and lures. These investments are more about the development of human capital than finance. That's exactly the investment YouTube is making: helping its suppliers creatively scale. What does it mean for your company and industry?

Innovation 8

Innovation Lean Production Disintermediation Automotive 8