Lead on Purpose

AUGUST 6, 2009

I’ve teamed up with Caridan Marketing on the following offer for Lead on Purpose readers: Caridan Marketing Labs is an interactive and social media marketing firm based in New York City. 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

JUNE 10, 2011

Bazerman and Tenbrunsel outline five reasons why ethical people allow unethical behavior to thrive. The re-election of Sepp Blatter as FIFA president for the next four years followed the suspension of his only opponent, Mohamed Bin Hammam, due to allegations of corruption.

Ethics 14

Ethics Committee Incentives Loyalty 14

Harvard Business Review

JANUARY 8, 2014

And yet, many leaders wrongly believe the path to consistent, proper conduct is special methods to reward whistle-blowing — offering incentives to truth-tellers who report major lapses. The SEC, for example, offers up to 30 percent of recovered funds as payment to those whose testimony aids in prosecution of corporate wrongdoing.

Ethics 8

Ethics Report Long-term Survey 8

Harvard Business Review

MARCH 28, 2017

Companies have tried many different ways to limit unethical behavior, from creating codes of conduct to implementing ethical training. ” We thought the latter might force employees to be more cognitively alert and deliberative, which could lead them to behave more ethically simply by avoiding automatic, self-interested decision making.

Ethics 8

Ethics Participative Process Compliance 8

Frank Sonnenberg Online

JANUARY 23, 2024

Lacking follow-up. Poor incentives. And before you know it, others follow suit. You Are Accountable to Yourself Some people dislike accountability because it places them front and center — setting them up to become a hero or a villain. LISTEN UP … Listen to Your Conscience. Do You Have A Strong Work Ethic?

Follow-up 115

Follow-up Micromanagement Commitment Goal 115

Deming Institute

APRIL 7, 2016

Slapping up a slogan doesn’t improve the system. Watch this short video for a great story illustrating this problem in action: There may be cases in which incentives work only as intended, but I suspect they are relatively rare. Gipsie Ranney, The Trouble with Incentives: They Work.

Deming 28

Deming System Incentives Short-term 28

N2Growth Blog

AUGUST 5, 2010

That said, buckle-up and join me for a ride as we journey into the politically incorrect mind of Mike Myatt… The institutionalization of “Politically Correct Thinking&# in the corporate world has done more to harm operating businesses than just about any other social and/or cultural influence in recent times. How sad is this?

Politics 375

Politics Blog Leadership Diversity 375

Michael Lee Stallard

JUNE 23, 2010

Leaders consciously or unconsciously lump employees into three categories: the “stars” consisting of those in management as well high potential employees, the much larger “core” made up of solid contributors, and the rest, employees whose contributions and fit with the organization are questionable. It was scary, really.

Long-term 207

Long-term Consensus Class Follow-up 207

N2Growth Blog

NOVEMBER 23, 2010

In fact, let me take it up even another notch…diversity should be a non-issue altogether. In the text that follows I’ll make my case for resting on your qualifications and performance not your ethnicity, gender, age, sexual preference, etc. A sense of entitlement is not a substitute for work ethic and a desire to achieve.

Diversity 350

Diversity Blog Leadership Learning-by-Doing 350

Harvard Business Review

FEBRUARY 7, 2017

Some employees even claimed that they were fired for calling the internal ethics hotline. These claims raise important questions that every major company needs to ask: Are employees aware of our ethical standards and the laws surrounding our business? Is there a specific time frame for investigating ethics complaints from employees?

Management 8

Management Ethics Banking Tips 8

Harvard Business Review

JULY 19, 2018

For example, if a researcher wants to understand how employees respond to particular incentives, the results of a study measuring how undergraduate students in the U.S. respond to those incentives will have limited generalizability, and may not be at all relevant in most work contexts or in other cultures.

Metrics 9

Metrics Ethics Incentives Policies 9

Harvard Business Review

NOVEMBER 16, 2018

Managers on the ground should be prepared with the following line: “I can’t give you a bribe, but I can do this, this and this, for you,” says Kent Kedl, the senior partner for Greater China and North Asia at Control Risks. ” Identify “moon markets” and walk away. “That’s enlightened management.”

Management 9

Management Ethics Cost Bureaucracy 9

Harvard Business Review

OCTOBER 11, 2013

The argument makes intuitive sense, and leverage ratios provide a clear quantitative measure for regulators to monitor, so regulations have followed. According to a 1992 study by the Government Accountability Office, the average leverage ratio for the top 13 investment banks was 27-to-1 during 1991 (up from 18-to-1 in 1990).

Incentives 8

Incentives Banking Ethics IPO 8

Strategy Driven

FEBRUARY 6, 2015

It is a mindset that permeates organizations from top-down as well as bottom-up. That means doing things correctly the first time, without wasting counter-productive time in cleaning up mistakes. Research shows the by-product costs of poor quality are high for any business, up to 40 percent. Nonconformance is costly.

Quality 50

Quality Metrics Strategic Planning TQM 50

Harvard Business Review

SEPTEMBER 18, 2014

Rules about food safety, for instance, protect both consumers and distributors – consumers get salmonella-free spinach, and distributors get a fair, competitive playing field where everyone is following the same standards. (Oh, What is the long-term effect on football as a business if all the teams follow these short-term incentives?

Management 8

Management Short-term Long-term Incentives 8

Harvard Business Review

NOVEMBER 2, 2016

In other words, how do you handle a situation in which the incentives seem to be telling you to do something you believe is bad for your customers and clients, or maybe even illegal? In what specific ways does the practice that concerns you violate ethics, customers’ interests, or even the law? Do a simple decision tree.

Ethics 8

Ethics Objective Short-term Learning-by-Doing 8

Harvard Business Review

AUGUST 30, 2013

But some businesses face strong incentives to post fake reviews, which compromises the trustworthiness of such review sites. Georgios: The incentives are economic. The system is set up in such a way that businesses can benefit a lot from soliciting fake reviews.

Review 8

Review Advertising Reputation Incentives 8

Harvard Business Review

JUNE 20, 2011

As the president of Almond China, he wanted to show his Chongqing colleagues how much he cared about the topic under discussion: ethical business practices. Since then Almond China had set up two joint ventures with local partners — the only way foreigners could do chemical business in the country. Liu followed.

Case Study 11

Case Study Chemicals Ethics Finance 11

Harvard Business Review

NOVEMBER 21, 2016

But her performance review is tomorrow and she is torn about whether to bring up this behavior. Because we crave the illusory status and credibility gossip carries, we have an incentive to endow it with greater credibility. Stop blaming Tom exclusively and own up to the fact that she’s colluded and benefited from the behavior.

Performance Review 8

Performance Review Politics Follow-up Information 8

Harvard Business Review

AUGUST 3, 2015

In research by Frances Milliken of New York University and two colleagues, the majority of 40 employees at knowledge companies reported having concerns about such issues as workflow improvement and ethics — but not speaking up about these issues to their supervisors. Would you stand up and ask her to comply?

Influence 8

Influence Participative Compliance Incentives 8

Harvard Business Review

JULY 12, 2012

Early on in this role, I defined the following mission for myself: "Scalable, predictable revenue growth." Before I held our first set of interviews, I drew up a list of twelve criteria that I thought would correlate with success in the sales role. These characteristics are prior success, intelligence, work ethic, and coach-ability.

Team 14

Team Analysis CRM Quality 14

Harvard Business Review

SEPTEMBER 27, 2012

The following two critical trends for major companies in the U.S. The general counsel, not the senior partner in the law firm, is now often the go-to counselor for the CEO and the board on law, ethics, public policy, corporate citizenship, and country and geopolitical risk. In these, financial incentives are aligned (i.e.,

Chief Financial Officer 8

Chief Financial Officer Trends Crisis Definition 8

Harvard Business Review

FEBRUARY 2, 2012

(Because Jamie Dimon always gets bent out of shape when people tar all bankers with the same brush, it should be noted that JP Morgan Chase and a few other institutions were improving credit quality and building up capital before 2007. But, to follow Swensen's reasoning, the incentives are all wrong. There's a lesson here.

Finance 13

Finance Motivation White Paper Banking 13

Harvard Business Review

AUGUST 31, 2015

When I met him, long ago, he was picking himself up after a tough year. Similar controversies have erupted in recent years following the publication of Anne Marie Slaughter’s essay “ Why Women Still Can’t Have It All ,” or news of an investment bank intern’s death. Kenneth Andersson for HBR.

Long-term 8

Long-term Loyalty Uncertainty Banking 8

Harvard Business Review

NOVEMBER 14, 2016

It’s tempting to give the workhorse more projects than others (especially if she’ll get them done the fastest) or to ease up on someone who is struggling, but you also need to be fair. and author of You First: Inspire Your Team to Grow Up, Get Along, and Get Stuff Done. And then follow through on your words.

Delegation 8

Delegation Project Team Short-term 8

Harvard Business Review

NOVEMBER 28, 2017

Even in one of the most market-oriented societies in human history, it appears very difficult to make most people appreciate that ethical and profitable business practices do not fundamentally conflict. But what this conclusion neglects entirely is the incentive value of profit. We describe these views as anti-profit beliefs.

Company 8

Company Short-term Long-term Price 8

Women on Business

JANUARY 11, 2011

Finally, after tough negotiations with Republican leaders, the President announced a comprehensive tax package that not only addressed income, capital gains and estate tax rates, but also the AMT, unemployment insurance and many expiring individual and business tax credits and incentives. What’s in the Tax Bill?

Press Release 178

Press Release Discount Insurance PR 178

Strategy Driven

MARCH 11, 2011

After the hearings, there was little follow-through. Enron did not demand enough accountability, fairness, ethics and operational autonomy from its outside auditor. Incentive and ‘random acts of kindness’ programs were deleted. Someone wanted to sell out…a great deal was tough to pass up.

Strategic Planning 57

Strategic Planning Committee Golden Handcuff Media 57

Harvard Business Review

JANUARY 17, 2012

Such plans frequently include giving managers financial incentives to do what they should have done before — concentrating on the most promising lines, selling off dud businesses, and "leaning down" operations, often including headcount. We're not talking about the next Apple or Google here.

Due Diligence 12

Due Diligence Incentives Hedge Collins 12