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

Strategy Driven

AUGUST 26, 2021

This type of SaaS is often a good choice for large enterprise companies or ones that are targeting specific verticals like finance and healthcare. Sales: Inside sales reps supported by online content and automation, tools, training, incentives, and metrics that enable high efficiency and many transactions per rep.

Strategy 94

Strategy Price Self-aware Software 94

Harvard Business Review

FEBRUARY 24, 2014

Offering employees equity stakes and other lucrative incentives to spur innovation raises their output of mediocre ideas but does nothing to stimulate real breakthroughs, which are stubbornly rare, say Oliver Baumann of the University of Southern Denmark and Nils Stieglitz of the Frankfurt School of Finance and Management in Germany.

Incentives 8

Incentives Innovation Finance Policies 8

Harvard Business Review

JULY 17, 2017

When I ask students graduating from Harvard Business School what they’re doing next, I often get some version of “I’m going into finance but…” Then they quickly explain that finance is just a way station on the route to nobler goals. And it is truly fascinating.

Finance 8

Finance Insurance Career Reputation 8

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

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

Deming Institute

JANUARY 21, 2016

I also find the power to improving performance is understanding if the problems are due to common causes or special causes. Also there are incentives within systems that lead to, for example: the way this organizations financial evaluations worked would force people to run the machine and make stuff that couldn’t be used.

System 28

System Process Deming Organization 28

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

MAY 5, 2011

Pricing impacts everything from strategy and tactics, to finance, to branding, to marketing and sales, to vendor selection and supply chain management, to recruiting and compensation, and to customer satisfaction and loyalty. As mission critical as pricing is, it is also one of the most often undervalued and overlooked business disciplines.

Price 371

Price Discount Brand Supply Chain 371

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

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. Power Stars to Light the Business Flame is now out in all three e-book formats: iTunes , Kindle , and Nook. About the Author.

Succession 50

Succession Strategic Planning Budgeting Goal 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 11

Energy Finance IPO Biotechnology 11

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 11

Power Engineering Analysis Training 11

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

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. Superior customer care can become a powerful business driver that is not centered on major investments but simply an awareness of how you do business.

Motivation 58

Motivation Environment Servant Leader Competitive Advantage 58

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. Similar approaches could be used to help finance high-value health care investments that otherwise would be unaffordable.

Health Care 8

Health Care Insurance Pharmaceuticals Incentives 8

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? Ecclesiastes 10:5-6.

Politics 375

Politics Blog Leadership Diversity 375

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.

Banking 8

Banking Finance Asset Management Bottom-up 8

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

MARCH 14, 2017

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.

Innovation 9

Innovation Company Incentives Industry 9

Harvard Business Review

MAY 20, 2014

While there are numerous factors in such a massive shift away from business formation, one of the most powerful has to be the consolidation of multiple economic sectors toward a handful of firms with hegemonic power over their industry. Economy Entrepreneurship Finance' So allow me.

Pharmaceuticals 10

Pharmaceuticals Banking Chemicals Trends 10

Harvard Business Review

JUNE 8, 2018

This notion, that risk is a desirable feature, can seem like sacrilege to anyone who’s taken an introductory finance course. One CFO commented that standard setters enjoy monopoly power and have no incentives to change their methods to be more responsive to investors.

Report 8

Report GAAP Net Present Value CFO 8

Harvard Business Review

SEPTEMBER 10, 2013

Crowdfunding has undeniable power, but rather than solve the problems of venture capital, it exaggerates them. And it''s true that if companies aren''t careful, their internal venture capitalists can become entangled in the agendas of various corporate stakeholders or demotivated by inadequate or poorly designed financial incentives.

Venture Capitalist 8

Venture Capitalist Venture Funding Innovation Incentives 8

Harvard Business Review

SEPTEMBER 10, 2013

Crowdfunding has undeniable power, but rather than solve the problems of venture capital, it exaggerates them. Recognition is a powerful reward too. Finance Innovation Insight Center_Innovation no-intromercial' Executing on Innovation An HBR Insight Center. Innovation Isn’t an Idea Problem. Five Ways to Innovate Faster.

Venture Capitalist 8

Venture Capitalist Venture Funding Innovation Incentives 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. It’s not just the incentive package.

CEO 8

CEO Asset Management Cooper Industry 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

JULY 25, 2017

economy may be succumbing to what he calls “the Medici cycle,” named for the powerful family of medieval Florence. Their motto — or at least the motto often attributed to them — was “Money to get power. Power to protect money.” Instead, he argues, the U.S. Take Facebook as an example.

Competitive Advantage 8

Competitive Advantage Kaplan Innovation Industry 8

Harvard Business Review

FEBRUARY 2, 2016

You’ll often find customer relationship management within marketing, budgeting within finance, supply-chain management within operations, outsourcing within procurement, training within HR, and new product development within R&D. Business units come and go, but finance, HR, marketing, IT, legal, and R&D seem to last forever.

Development 8

Development Supply Chain Incentives Outsourcing 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

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. A focus on the huge need for additional investment and potential difficulties in financing it dominate the debate. an estimated $100 billion per year.

Transportation 8

Transportation GDP Globalization Finance 8

Harvard Business Review

MAY 22, 2018

This is not particularly surprising for a country known for powerful unions and a strong attachment to social rights. last year, unemployment is slowly decreasing , and public finances are improving faster than anticipated. The reform would give workers more incentives to join, rather than free ride on sector-level agreements.

Proposal 8

Proposal GDP Airlines Transportation 8

Harvard Business Review

SEPTEMBER 29, 2015

In fact, all the technical, social, and economic incentives and ingredients exist to cost-effectively deter, dissuade, and detect dishonest behavior by auto manufacturers worldwide. In food, as well as finance, activists will have to marry meaningful analytics to ideology to spark interest and wield influence.

Due Diligence 8

Due Diligence Automotive NGO Incentives 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. Culture is powerfully shaped by incentives. But where do incentives come from?

Incentives 8

Incentives Definition Pharmaceuticals System 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 14

Politics Bureaucracy Long-term Short-term 14

Harvard Business Review

MAY 31, 2017

Automating finance. This lets organizations reduce the amount of work outsourced to service centers and frees up finance staff to focus on strategic tasks. AI can augment the power to get insights from customer data — perhaps beyond the point where customers are comfortable. Measuring brand exposure.

Process 12

Process Company Supply Chain Software 12

Harvard Business Review

JUNE 30, 2016

ZBB has been around for decades, but is currently enjoying a revival driven by powerful investors like 3G Capital Partners, the force behind the 2015 merger of Kraft Foods and H.J. In another company, commercial discounts was essentially a black box for the finance chief and CEO.

Zero Based Budgeting 9

Zero Based Budgeting Budgeting Supply Chain Company 9