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. I Think Not.

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Blog Metrics Brand CEO 325

Harvard Business Review

MARCH 14, 2017

For industries that depend on innovation, sustaining it is a constant challenge. After extensive assessment, they settled on two initiatives: realigning incentives for employees and systematically introducing outside talent and practices. Roivant’s first response was to address misaligned incentives.

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Innovation Company Incentives Industry 9

Strategy Driven

NOVEMBER 6, 2015

Provide leadership. It is important to identify swings and trends so that innovation can remain a strength of your business. 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.

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Succession Strategic Planning Budgeting Goal 50

Harvard Business Review

DECEMBER 5, 2017

To lower the cost of premiums, Aetna and CVS, UnitedHealth and Optum, and undoubtedly others are creating a marriage of the financing and delivery of care. Their intent appears to be to create the financial incentive to get upstream of the major cost driver in health care: hospitalization. ” They may be frogs in a boiling pot.

Health Care 8

Health Care Insurance Incentives Venture Funding 8

Harvard Business Review

AUGUST 8, 2011

We should not take our eye off the really important ball: economic growth and the innovation process that underpins it. 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.

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Politics Innovation Incentives Credit Rating 15

Harvard Business Review

JUNE 25, 2015

What they don’t do well enough is reinvent and innovate. Sure, there are exceptions who are both visionary CEOs and innovators — Steve Jobs and Jeff Bezos, for example — but there are very few companies that can stomach that sort of leadership. Introduce innovation accounting. Where do you look?

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Entrepreneur CTO Business Model CEO 8

Harvard Business Review

JANUARY 13, 2014

As Clayton Christensen likes to note , the primary job of leadership today is to “source, assemble, and ship numbers.” 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.

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Levitt Christensen Competitive Advantage Welch 12

Harvard Business Review

DECEMBER 13, 2012

Its goal was to promote greater sharing of ideas, information, best practice and innovative processes. Leadership recognized that business units and functions had effectively been allowed to ignore the rest of the enterprise. The competition thus incented both "supply" and "demand" of knowledge worth sharing. It worked well.

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Incentives Tools Benchmarking Innovation 8

Harvard Business Review

JANUARY 16, 2017

This becomes more likely as the organization takes on strategic risk — through innovation, mergers and acquisitions, or because its environment is becoming more volatile. To support a change in strategy from efficiency-driven to innovation-driven growth, the company acquired another company to be its innovation engine.

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Company CEO Finance System 8

Harvard Business Review

OCTOBER 25, 2011

Whether triggered by a leadership transition, a fundamental change in the business, an acquisition, or poor performance; lines, boxes, and people tend to move around. As one senior executive said to me, "Every time we reorganized, we lost at least a year of innovation.". Managers love to reorganize at almost every level.

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Sports Cost Incentives Budgeting 13

Harvard Business Review

JANUARY 1, 2014

Fuse Corps does this by matching business professionals and entrepreneurs who have an average of 15 years of experience with an innovative mayor, governor, or community leader in a one-year fellowship to help cities and states implement breakthrough projects. It was time for me to explore paths to leadership in other contexts.” .

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Entrepreneur Politics Policies Budgeting 8

Harvard Business Review

DECEMBER 13, 2013

It has done this by popularizing one of the two or three really important financial innovations of the past 50 years, the index fund. In finance, that’s a pretty hard case to make. But in the process he redefined that job and changed the incentives he faced to make looking out for Vanguard’s customers his main responsibility.

Finance 8

Finance Crisis Motivation CEO 8

Harvard Business Review

JULY 6, 2016

For example, Encore Fellowships (developed by one of our organizations, Encore.org) places experienced corporate talent in non-profits, where these individuals provide a healthy dose of mentoring to younger leaders in the organization (along with applying their accumulated skills in areas like marketing, HR, and finance).

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Film Mentor Education Fashion 11

Harvard Business Review

FEBRUARY 6, 2012

That way, they have the maximum incentives to ensure that revenue stream remains as high as possible. The first order explanation is that the founding CEO didn't have the wealth to keep the revenue stream and so had to sell the claim to finance the company's expansion: they gave up a large share of the claim on revenue but kept control.

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IPO Incentives Entrepreneur Business Model 14

Harvard Business Review

MAY 27, 2015

We see ourselves as risk-takers and innovators. That’s why states continue to compete to lure companies to build new offices and plants — like the Tesla gigafactory in Nevada — by offering tax breaks and multi-billion dollar incentive packages. A supplier might need a working capital loan to finance a big order.

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Entrepreneur Policies Banking Innovation 8

Harvard Business Review

APRIL 24, 2017

It might also include political capital that arises from membership of or strong ties to a high status group such as the finance committee, a special task force, or the senior management team. process that uses structures of control systems, incentives, and sanctions that keep the organization in compliance.

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Politics Bureaucracy Long-term Short-term 14

Harvard Business Review

NOVEMBER 29, 2010

In slightly more formal terms, Id suggest that they were able to take on, at least in tiny part, five of Robert Merton and Zvi Bodies six standard functions of a financial system: settling payments, providing information, setting incentives, pooling resources, and transferring resources.

Banking 15

Banking Crisis Merton Guidelines 15

Harvard Business Review

OCTOBER 6, 2011

The perception has been eroding our industry's image and has caused many in our industry to assume that R&D, innovation, and social contribution are unaffordable luxuries in a fiercely cost-based competitive game. This philosophy has started to take its toll.

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Industry Strategy Supply Chain Long-term 10

Harvard Business Review

NOVEMBER 30, 2010

His primary insight is that the frame one firm uses has to be able to counter their rivals incentive to jump to greater transparency and offer discounts. His primary insight is that the frame one firm uses has to be able to counter their rivals incentive to jump to greater transparency and offer discounts.

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Retail Price Comparison Nalebuff 13

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. Educate and Motivate Others.

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CEO Incubator Supply Chain Entrepreneur 11

Harvard Business Review

AUGUST 5, 2014

To have the influence to help set business strategy for the company, CMOs need to translate customer insights into terms meaningful to senior leadership. The CMO also worked with the finance office and product managers to link pricing and benchmark data into the RFP process, which improved quality and response times.

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P&L Banking Marketing Call Center 10

Harvard Business Review

OCTOBER 5, 2018

We also invested significant leadership time in performing final interviews for all roles — from medical assistants to physician leaders — to ensure that each team member would strengthen the team’s dedication. Our primary care clinicians operate in multidisciplinary teams.

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Health Care Metrics Cost Operations 8

Harvard Business Review

DECEMBER 20, 2016

I also know all too well that, like all strategies, superconsumer strategies can be hard to implement, because of internal processes, misaligned incentives, and organizational structures that are difficult to navigate. Good leadership certainly helps, but more often than not, the organization will revert to business as usual.

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Airlines Energy Self-aware Learning Curve 8

Harvard Business Review

JUNE 26, 2018

These products are all held up as legendary examples of the power of intrapreneurship — entrepreneurial creativity and innovation within large, established organizations. Since the term was coined in the 1980s, intrapreneurship has been sold to companies as a catch-all solution for fostering innovation.

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Incubator Innovation Strategic Planning Human Resources 8

Harvard Business Review

DECEMBER 13, 2017

Some argue that profits are stagnant because of short-termism—that decades of focusing on current profits over long-run innovativeness has resulted, now, in companies that are hollowed out. Most attempts to combat short-termism are flawed because they focus on changing CEO behavior through some combination of pleading and incentives.

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Short-term Decentralization Company Trends 8

Harvard Business Review

JANUARY 21, 2016

But this requires a new scale of leadership: system leadership. An example of system leadership can be found in the food industry, where an initiative that began with 17 food and agribusiness companies grew into a global network of 500 organizations taking action in 19 countries. Empower widespread innovation and action.

Globalization 8

Globalization Company Decentralization Incentives 8

Harvard Business Review

OCTOBER 20, 2014

In this letter, I’d like to explain more fully why I view the $51 billion already spent by Apple on open market (including accelerated) share repurchases under your leadership as a major misallocation of resources for both the company and the U.S. Employee incentives. I disagree with this priority. That’s just 2.1%

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Innovation EPS Incentives Supply Chain 11

Harvard Business Review

SEPTEMBER 29, 2016

The best leaders understand that the current success of their business, and any future innovation, depends upon the “deep smarts” of their employees — the business-critical, experience-based knowledge that employees carry with them. Specifically, leaders need to: Tie preservation of critical know-how to corporate strategy.

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Organization Development Mentor Incentives 8

Mills Scofield

NOVEMBER 11, 2014

Charles Hensley''s perspective about tax inversion challenges us to think about ''national'' status, incentives, and the constraints of 20th C thinking. Economics is the study of incentives, so a good economist knows that to change the corporate system, you have to change corporate incentives.

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Finance Incentives Education Pharmaceuticals 131

Harvard Business Review

MARCH 14, 2016

.” The history of the founders and entrepreneurs behind unicorns is therefore rich in failures; this allows them to instill in their companies a culture that emphasises the importance of anticipating the constraints behind an innovative idea as fast as possible by testing its viability. Financed by VC firms. Narrowly focused.

Company 8

Company Succession Analysis Entrepreneur 8

Harvard Business Review

NOVEMBER 23, 2010

That should help more tightly align incentives to provide original content with more returns in visibility and money. That should help more tightly align incentives to provide original content with more returns in visibility and money. Thats the theory, but there are some issues with Googles plan.

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Guidelines Telecommunications Emotional Intelligence Balanced Scorecard 15

N2Growth Blog

SEPTEMBER 24, 2010

Every vibrant, healthy, inspiring, innovative, and positive corporate culture I’ve witnessed has occurred not because culture has been placed ahead of strategy, but because it has been a key driver of the corporate strategy. _After all, culture is defined by the behaviors that are incented and repeated inside your company.

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Blog Strategy Brand Bottom-up 310

Harvard Business Review

MAY 1, 2015

The first must contain five steps: Picking the right market; defining a monitization model that makes room for scaling; focusing on rapid innovation; being stealthy and maintaining a low profile while developing new products; and creating the right incentives for senior leadership.

Software 8

Software Company McKinsey Incentives 8

Harvard Business Review

DECEMBER 28, 2015

It is clear to us that the failure of different parts of the system — payers, providers, patients, professionals, policy makers, politicians, the public, and the press — to pull in the same direction is a serious drag on innovation and progress. This failure to work together across a system continually exercises me.

Health Care 8

Health Care System Telecommunications Quality 8

The Horizons Tracker

MAY 14, 2021

The authors chose CSR because it’s an area that is more directly influenced by the boss, whereas areas such as finance can be heavily impacted by external factors. “For example, if corporate citizenship is a priority, boards might want to think about tying CSR activities to financial incentives for their top executives.”

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CEO Succession Influence Incentives 82