HR Digest

APRIL 27, 2024

Recognizing Leadership and Inspirational Qualities Mentorship and Excellence: “Your leadership and guidance have inspired us all to strive for excellence. ” Positive Work Environment Contributions Work Ethic and Kindness : “Working hard is important. Thank you for your mentorship.”

Morale 52

Morale Team Teamwork Loyalty 52

Great Leadership By Dan

SEPTEMBER 19, 2013

Though the financial incentives were more than generous, giving up control over an enterprise that we had patiently built from scratch was not an easy decision. For over 1000 years Trappist monks have been building highly successful businesses based on high quality products.

Venture Capitalist 294

Venture Capitalist Leadership CEO Commitment 294

Deming Institute

FEBRUARY 23, 2017

As Gipsie Ranney explained the trouble with incentives is that “they work” but in doing so cause great unintended damage: There may be cases in which incentives work only as intended, but I suspect they are relatively rare. People ask, well what is so bad about using them if they work?

System 31

System Motivation Deming Conference 31

Harvard Business Review

MARCH 24, 2017

The onus for ethical behavior falls first to the employee. Here are five questions to ask: Do your company’s incentives match its policies? Most companies talk a good ethics game and even make their goals public. But it is the employee incentives that really matter. billion in inflated profits.

Ethics 8

Ethics Company Incentives Policies 8

Harvard Business Review

AUGUST 27, 2014

Valukas provides a hint: Although managers’ bonuses are based partly on vehicle-quality improvements, and safety is supposed to be paramount, cost is “everything” at GM, and the company’s atmosphere probably discouraged individuals from raising safety concerns. A report by former federal prosecutor Anton R.

Incentives 8

Incentives Performance Review Welch Motivation 8

Strategy Driven

OCTOBER 29, 2018

However, not all of them will, and this might be because there is no general work ethic to work harder or longer. As an added incentive you can offer a reward for the best idea and allow the employee who came up with the idea the opportunity to work with the team to implement it. Make Productivity a Central Issue. Hire from Within.

Mission Statement 50

Mission Statement Morale Loyalty Efficiency 50

Deming Institute

APRIL 7, 2016

Such exhortations only create adversarial relationships, as the bulk of the causes of low quality and low productivity belong to the system and thus lie beyond the power of the work force. Slogans are a way to say you care about quality without actually demonstrating you care. Gipsie Ranney, The Trouble with Incentives: They Work.

Deming 28

Deming System Incentives Short-term 28

Strategy Driven

NOVEMBER 6, 2015

Make investments toward quality controls. Continuous quality improvement plan is annually updated, with measurable goals. Incentives-rewards-bonus plan is annually updated, with realistic, measurable goals. The organization maintains and lives by an ethics statement. Development of core business supplier relationships.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Curious Cat

SEPTEMBER 22, 2015

Studies of medical studies are constantly finding misleading results being reported (this is even with many measures in place attempting to counter the dangerous of misleading results being reported by those with an incentive to do so). Getting real world data is critical.

Education 40

Education Incentives System Transportation 40

Strategy Driven

DECEMBER 9, 2013

The bad news is it’s so full of retail shopping incentives, mobs of people, and ‘today only deals’ that the festivity of Thanksgiving is somewhat lost in the shuffle. BACK TO YOU: Sit down and make a list of your best qualities. NEWS REALITY: The good news is this is the holiday season. Tough list, eh?).

Mission Statement 58

Mission Statement Customer Loyalty Competitive Advantage Library 58

Skip Prichard

DECEMBER 19, 2019

Looking at our first point, leaders do not necessarily have to be charismatic to inspire others, they can have deep values, be highly ethical, champion a cause and such-like descriptions. The theory was that little freedom, or discretion, meant fewer mistakes and better quality; productivity was calculated as such and rigidly adhered to.

Leadership 66

Leadership Long-term Cooper Charisma 66

N2Growth Blog

AUGUST 5, 2010

I don’t know about you, but it’s almost as if we have raised a generation of leaders who feel they have a moral and ethical obligation to be politically correct – WRONG. They are admirable qualities so long as they don’t take precedence over, ignore, or contradict truth. How sad is this?

Politics 375

Politics Blog Leadership Diversity 375

Harvard Business Review

MARCH 22, 2018

Over the last decade, industries, academics, and the public sector have turned their focus toward culture and ethics in response to the financial crisis as well as misconduct at a broad range of corporations. naqiewei/Getty Images. But what role does culture play in corporate misconduct, and why do these problematic cultures persist?

Company 12

Company Banking Incentives Human Capital 12

Harvard Business Review

MAY 26, 2016

In the lean-manufacturing context, in contrast, assembly line workers learn to execute a variety of production tasks, take responsibility for product quality, and are encouraged to find ways to improve the production process. Workers tend to earn more and report higher engagement with their jobs.

Lean Manufacturing 9

Lean Manufacturing Supply Chain Apparel Compliance 9

N2Growth Blog

NOVEMBER 23, 2010

In evaluating any relationship in the value chain I’m looking for value, talent, performance, leverage, efficiency, economy of scale, work ethic, integrity, character, discipline and many other traits irrespective of your skin color, age, 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

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. So businesses will respond to incentives such as a bad recent reputation, or having few reviews, or generally being unknown.

Review 8

Review Advertising Reputation Incentives 8

Harvard Business Review

JULY 12, 2012

Provide our sales people with the same quality and quantity of leads each month. These characteristics are prior success, intelligence, work ethic, and coach-ability. Provide salespeople with the same quality and quantity of leads each month. We also factor quality, not just quantity, when generating leads.

Team 14

Team Analysis CRM Quality 14

Harvard Business Review

SEPTEMBER 16, 2016

Most, however, require some external motivation to go above and beyond their jobs, which often falls under the category of “soft coercion” — pressure that is conveyed in a manager’s tone with employees, and in the cultural influences and incentives that he or she uses to promote positive discretionary behaviors at work.

Licensing 8

Licensing Morale Motivation Hedge 8

Harvard Business Review

JANUARY 19, 2015

Making these hybrids work over the long term is difficult, because their incentives work against each other. Platform and publisher incentives are better aligned when a platform is new. High-quality, carefully-edited content is great for pulling in an audience. Are they responsible for the content they host, or not?

Business Model 8

Business Model Content Incentives Audience 8

Harvard Business Review

SEPTEMBER 27, 2012

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. It is thus no surprise that the quality of general counsel has risen dramatically over the past two decades.

Chief Financial Officer 8

Chief Financial Officer Trends Crisis Definition 8

Harvard Business Review

MAY 22, 2012

We found those qualities in a remarkable number of the entries — and were hard-pressed to advance just 24 finalists to the next round. Hacking Executive Compensation with Dynamic Incentive Accounts. It's Time for a New Metaphor Beyond "Ethics" and "Responsibility". Story by Gib Bulloch. Hack by Alex Edmans.

McKinsey 9

McKinsey Innovation Diversity Long-term 9

Harvard Business Review

DECEMBER 4, 2013

Use an evaluation system that links the company’s strategic requirements with the prospects’ individual capacities and performance, with the latter focusing on their integrity and ethics, team building, execution excellence, shareholder return, and personal gravitas—and ability to work in the boardroom.

CEO 8

CEO Tips Long-term Consultative 8

Harvard Business Review

OCTOBER 6, 2011

We don't see our relationship with the suppliers as a zero-sum game where we benefit from attempts to lower purchasing costs; rather we see it as a win-win game where both sides collaborate and share gains from higher quality, shorter lead times, and better consistency in delivering our products.

Industry 10

Industry Strategy Supply Chain Long-term 10

Harvard Business Review

MARCH 8, 2011

Others write about the uncertainty over whether and when someone will die (it's real), the way financial incentives drive overtreatment (they do), and the lack of coordination of care for complex, seriously ill patients (absolutely true). Good end-of-life care is a fundamental component of quality medical care.

Health Care 12

Health Care Document System Education 12

Harvard Business Review

NOVEMBER 21, 2016

Because we crave the illusory status and credibility gossip carries, we have an incentive to endow it with greater credibility. I adopted an ethic years ago that I always use to warn people away who want to pass along information about another person. This creates a suspect feeling of trust between the two. We want to believe it.

Performance Review 8

Performance Review Politics Follow-up Information 8

Harvard Business Review

FEBRUARY 2, 2012

Banks have developed fortress balance sheets, improving credit quality by 54 percent, increasing net income and, restoring aggregate lending to pre-crisis levels of nearly $7 trillion. But, to follow Swensen's reasoning, the incentives are all wrong. . • The largest U.S. Why you're very welcome, Financial Services Roundtable!

Finance 13

Finance Motivation White Paper Banking 13

Harvard Business Review

JULY 17, 2017

Our educational trajectories, our family circumstances, and our quality of life are dictated in part by financial logics. And the sharp rise in markets-based compensation — including high-powered incentives for money managers and equity compensation for CEOs — has further fueled the depth and breadth of these errors.

Finance 8

Finance Insurance Career Reputation 8

Harvard Business Review

OCTOBER 18, 2011

They go by names like corporate social responsibility, sustainability, shareholder advocacy, social assessment and auditing, consumer action, government regulation, leadership development, ethics, realignment of incentives , attracting long-term investors , creating shared value , and more.

CEO 11

CEO Incubator Supply Chain Entrepreneur 11

Strategy Driven

APRIL 4, 2014

Retaining good employees, involving training, motivation and incentives, is yet another matter. According to research conducted by the Ethics Resource Center: Employees of organizations steal 10 times more than do shoplifters. Commitments to quality at all links in the chain. 35% of employees steal from the company.

Budgeting 77

Budgeting Succession Consultative Crisis 77

Harvard Business Review

NOVEMBER 28, 2017

One of your executives comes to you with a proposal: she wants to lower the quality of service at the restaurants, reduce product safety standards, use deceptive marketing practices, lower employee pay, and adopt worse environmental practices. But what this conclusion neglects entirely is the incentive value of profit. Our research.

Company 8

Company Short-term Long-term Price 8

Strategy Driven

MARCH 11, 2011

But, human nature being what it is, people are more easily duped than they are taught to appreciate the attributes of quality and substance. Enron did not demand enough accountability, fairness, ethics and operational autonomy from its outside auditor. Incentive and ‘random acts of kindness’ programs were deleted.

Strategic Planning 57

Strategic Planning Committee Golden Handcuff Media 57

Harvard Business Review

SEPTEMBER 5, 2012

The higher the stakes of the test, the greater the incentive to cheat. There was absolutely no incentive to learn any material." It is heartbreaking that even one student at a university of Harvard's caliber cannot see learning as its own incentive. Efficiency is not the only value in this conversation; quality also matters.

Education 9

Education Incentives Efficiency Learning-by-Doing 9