Deming Institute

MARCH 16, 2017

After graduating from the Deming Scholars program at Fordham University he worked for GE Aircraft Engines. When GE decided to sell off the units providing engine and airframe accessory services, Kevin participated in a management buyout of the company that is now part of Triumph Accessory Services. The sound on the video is not great.

Deming 28

Deming Short-term Engineering Incentives 28

Lead on Purpose

AUGUST 6, 2009

Their newest online certificate, A Systems Approach to Product and Service Design is authored by Professor Peter Jackson, Director of Systems Engineering at Cornell University. This is an awsome incentive that could motivate a lot of people! One Response Toni , on August 6, 2009 at 9:07 pm said: This is great!

Productivity 100

Productivity Products Press Release Discount 100

Harvard Business Review

JULY 26, 2016

There is no doubt that China has been one of the main engines of global growth in the last three decades. As China moves away from a manufacturing-driven economy to a more consumption and service-driven model, Chinese companies will have to find new ways of managing and motivating their employees.

Incentives 8

Incentives Management Long-term Short-term 8

Strategy Driven

NOVEMBER 6, 2015

A leader’s purpose and job is to give direction and purpose and motivate his people. Design and re-engineering of products-services. Incentives-rewards-bonus plan is annually updated, with realistic, measurable goals. Your clearly defined purpose can also center the attention and be a source of inspiration for your employees.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Harvard Business Review

DECEMBER 18, 2014

Asked if he would be willing to share his hard-earned knowledge with others in the company before he retired, the engineer laughed. Financial incentives, personal ego, and discontent or frustration with the company are three of the top reasons individuals choose to keep their expertise to themselves. “Why would I do that?”

How To 11

How To Incentives Mentor Engineering 11

Harvard Business Review

OCTOBER 9, 2014

Although it might seem that greater control and stronger enforcement are beneficial—it is important for firms to protect key trade secrets, after all—the evidence shows that these changes critically undermine employee incentives to learn and innovate. They invest less in acquiring knowledge, reducing their skills and innovativeness.

Incentives 13

Incentives Policies Innovation Human Capital 13

Harvard Business Review

AUGUST 6, 2018

As cities compete for Amazon’s second headquarters, many flexed their tax incentive packages and real estate options in hopes of luring the tech giant to select their city. Franz Aberham/Getty Images. It’s tempting to think the right financial perks is all it takes for a company to successfully expand to a new city.

Real Estate 9

Real Estate Incentives Diversity Engineering 9

Joseph Lalonde

JANUARY 3, 2023

Even ongoing incentives for high-performing employees can be recommended. Don’t forget to use social media marketing and search engine optimization to boost your online efforts. You’ll need to be enthusiastic about your dealership and work so you have the motivation to keep pushing ahead and getting work done.

Succession 156

Succession Word of Mouth Marketing Talent Management Learning-by-Doing 156

Harvard Business Review

SEPTEMBER 30, 2016

Broadcasting pay is as likely to demoralize as it is to motivate. Some years ago I asked a group of 700 engineers from two large Silicon Valley companies to assess their performance relative to their peers. Companies may respond by weakening incentives, essentially dropping any pretense of a link between performance and pay.

Comparison 8

Comparison Incentives Outsourcing Self-aware 8

Harvard Business Review

AUGUST 1, 2016

For many years, teams at Virgin Atlantic have been testing ways to motivate efficient decision-making in the cockpit. Changes in their behavior led to both lower carbon dioxide emissions (by 21,500 metric tons) and an estimated $5.4 million reduction in fuel costs for the firm over the eight-month study period. This was the targets group.

Hawthorne Effect 8

Hawthorne Effect Efficiency Metrics Incentives 8

Harvard Business Review

MARCH 30, 2017

Firms varied in the extent to which frontline operators were responsible for programming these machines, versus engineers maintaining control. What if we changed some of those incentives? These changes may provide a powerful incentive for corporate organizations to forge longer-term commitments with their workers.

Marketing 8

Marketing Short-term Incentives Long-term 8

Harvard Business Review

APRIL 13, 2016

” Create win-win incentives. Incentives are a powerful lever to convince people they need to forget the old ways. CEO Mike Kneeland changed the incentive system for branch managers. . “That was a major turning point,” Mahindra said in an interview I did with him for a new book, The Three Box Solution.

Company 8

Company Licensing Incentives Construction 8

Harvard Business Review

SEPTEMBER 27, 2017

Plug-and-play e-commerce technology, search engine optimization, and other distribution solutions are making it ever easier for products to directly reach consumers. These include skills such as search engine optimization, digital media allocation, and digital analytics. One of us works for and the other advises General Assembly.)

P&L 12

P&L Agility Fashion Media 12

Harvard Business Review

JANUARY 6, 2015

As I reported in an earlier piece for HBR.org : A software CEO I spoke with recently said he avoids job candidates with advanced software engineering degrees because they represent an overinvestment in education that brings with it both higher salary demands and hubris.

Software 8

Software Engineering Incentives CRM 8

Harvard Business Review

FEBRUARY 16, 2017

Plenty of CDOs want to improve data quality, but motivating this change requires that CDOs create new organizational incentives and processes. Using concepts from lean manufacturing, it modeled the time engineers spent creating and transforming data. Without the ability to do both, their efforts will fall flat.

Company 8

Company Lean Manufacturing Compliance Quality 8

Harvard Business Review

DECEMBER 28, 2016

” The motive force behind institutional failure is leadership failure. At Wells Fargo, a culture and a warped incentive system created by top executives enabled malfeasance. When a crisis unfolds, we are now quick to say, as General Duane Deal said of the Columbia explosion, that “the institution allowed it.”

Ethics 9

Ethics CFO Technology Learning-by-Doing 9

Harvard Business Review

NOVEMBER 5, 2015

Could it be that by creating efficient, repeatable, scalable business processes, we have engineered the meaning out of work? We set up rules and metrics to reduce errors through conformity and drive productivity through incentives and punishments. We are hoping that being less bad will somehow make us good.

Drucker 8

Drucker Engineering Globalization Diversity 8

Harvard Business Review

MAY 15, 2018

However, these cross-functional groups often bump up against misaligned incentives, hierarchical decision-making, and cultural rigidities, causing progress to stall or action to not be taken at all. Senior leaders can help motivate experts with the following actions: Set specific goals and reward agile collaboration.

Agility 14

Agility Team How To Project 14

Harvard Business Review

APRIL 23, 2015

Additionally, the incentive structure is misaligned for employees and value chain partners. That individual is incented to sell as many of the most expensive model (the Model S) as possible. Consider a Tesla salesperson tasked with selling all three models.

Price 8

Price Disruptive Innovation Incentives Bottom-up 8

Harvard Business Review

OCTOBER 19, 2016

Organizations tend to perform better when they have strong capabilities—better scientists and engineers, effective product development processes, and strong brand names—and these advantages are not only likely to persist over time, they are also likely to be helpful even when pursuing more radical inventions.

Innovation 8

Innovation Technology Motivation Incentives 8

Harvard Business Review

FEBRUARY 23, 2017

Indeed, a high pay ratio can indicate promotion opportunities, which motivates rather than demotivates workers. An engineer who has the capacity to service 10 machines creates, say, $50,000 of value regardless of whether the firm has 100 or 1,000 machines. Firms can disclose the vesting schedule of incentives.

CEO 9

CEO Price Long-term Incentives 9

Harvard Business Review

DECEMBER 17, 2018

A decision based on short-term financial or legal motives alone is destined to end in problems. It doesn’t matter whether that short-term motive is to make profits or to avoid losses, to follow sanctions or to evade them. Its short-term motives led to deep losses. Keep a long term focus. sanctions, like Iran.

Politics 12

Politics Short-term Long-term Banking 12

Harvard Business Review

JUNE 7, 2017

Over the past year, my behavioral science research and design firm, ideas42, has been interviewing experts across the cybersecurity space and conducting extensive research to identify human behavioral challenges at the levels of engineers, end users, IT administrators, and executives. Appeal to the emotions of financial decision makers.

Execution 8

Execution ROI Metrics CEO 8

Harvard Business Review

JUNE 24, 2011

And multiplied, your pattern of investments in your dreams — acting classes, music lessons, lectures, books, seminars, travel, and so on — would begin to set incentives for people doing useful stuff, who were able to help you meaningfully accomplish those dreams.

Crisis 19

Crisis Bond Depreciation Hedge 19

Harvard Business Review

JUNE 15, 2016

Through sheer force of will (her passion was contagious and her research was solid) she enlisted 20 technical experts at the company, including a number of engineers who worked on their own time to help her advance the idea. Windham built an entire ad-hoc team at Stanley Black and Decker — product planners, executives, and engineers.

Bureaucracy 8

Bureaucracy Innovation Brand Competitive Advantage 8

Harvard Business Review

JANUARY 1, 2014

Put them together and they can design solutions that align the incentives of a wide range of actors to solve our toughest challenges in healthcare, education, economic development, and the environment. Cities and states are becoming the R&D engines of the U.S. The opportunity to make a big impact.

Entrepreneur 8

Entrepreneur Politics Budgeting Policies 8

Harvard Business Review

MARCH 28, 2018

Does your organization prefer weekly staff meeting announcements, newsletter case study examples, quarterly prizes for model behavior, or financial incentives? Also describe common social-engineering tricks used to learn login credentials (such as posing as a fellow employee who needs help). Reinforce the message at teachable moments.

Health Care 9

Health Care Forrester Policies Tactics 9

Harvard Business Review

FEBRUARY 24, 2015

This gives them insights on what drives their colleagues’ behavior, including their fears and motivations. One engineering company’s top team conducted an offsite at which its executives shared such life experiences (good and bad). Incentive systems should discourage self-interested behavior.

CEO 8

CEO Emotional Intelligence Self-aware Execution 8

Harvard Business Review

MARCH 16, 2016

The key resources were owned by another function that was not involved in the process and had no incentives to lend the resources. This misalignment can undermine any motivation for allocating resources even after a successful ideation workshop. To no one’s surprise, the experience was not repeated.

B2B 8

B2B Innovation Company Workshop 8

Harvard Business Review

SEPTEMBER 23, 2016

Properly motivated and led, incumbents can be particularly dangerous, as they already have scale and credibility. For decades aircraft engine manufacturers focused on unit sales. The power-by-the-hour metric tracks performance in terms of a company’s value-add for customers, rather than purchase volumes. Unit sales don’t.”

Metrics 8

Metrics Business Model Retail Automotive 8

Harvard Business Review

SEPTEMBER 5, 2013

So large-scale re-engineering programs, productivity drives, and changes to the incentive system are unlikely to work: they can easily be resisted, ignored or gamed. Since taking the job four years ago, he has sought ways of giving greater responsibility to his 80-person division of software engineers.

Productivity 8

Productivity Products Peer Review Short-term 8

Harvard Business Review

OCTOBER 4, 2011

Platforms of engagement, based on human experiences, are the new loci of value creation and therefore the new engines of capitalism. That means motivating and enabling reciprocal learning from interactions and plowing back insights to make the platform continuously better, in a reflexive manner.

CEO 10

CEO Creativity Automotive Participative 10

Harvard Business Review

JANUARY 16, 2017

To support a change in strategy from efficiency-driven to innovation-driven growth, the company acquired another company to be its innovation engine. 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.

Company 8

Company CEO Finance System 8

Harvard Business Review

JANUARY 12, 2017

But the move to SaaS comes with considerable challenges: Firms will need to change their structure , sales culture, and incentives , and convince existing as well as new customers of the new offering’s value.

Business Model 8

Business Model Licensing Company Software 8

Harvard Business Review

NOVEMBER 2, 2015

A technology: an engineer or field-service tech hired to sell a category of equipment. Does this mean that developing leads, qualifying prospects, and adapting to different buyer motivations are no longer important? Competencies that, only a decade ago, were considered essential are now lower in priority.

Cost 8

Cost Handbook Marketing Strategy 8

Harvard Business Review

JUNE 27, 2016

Given the China site’s historical emphasis on high quality software development, incorporating regular input from customers was seen as contrary to good engineering practice so developers didn’t adopt the approach. Still, the inconsistency was interpreted as a failure by the U.S. leadership. didn’t fare as well in India.

Innovation 10

Innovation Altman System Technology 10

The Practical Leader

JUNE 15, 2011

Supervisors, managers, and executives want ways to “motivate&# or move their team members to higher performance. Facebook flies in users from around the country to meet with engineers and share how the site has reconnected them to family and friends. Strong leaders create environments that fan the flames of internal motivation.

Power 55

Power Hotels Review Workshop 55