Remove Incentives Remove Innovation Remove Management Remove Peer Review

Is It Time For A Peer-Reviewed Bonus System?

LDRLB

Incentive compensation systems often seem just as likely to disappoint employees as to motivate them. It lets me reward people that management may not always recognize,” employee Becky Neil told the Wall Street Journal. Overtime, however, HCL’s system sheds light on who employees believe are the real linchpins of the company and allows HCL’s management to make the needed equity adjustments.

Simple Digital Technologies Can Reduce Health Care Costs

Harvard Business

More than two-thirds of large businesses now offer disease-management programs , but most of these are bricks-and-mortar services that can be converted to better-studied, cheaper, and more effective digital therapeutics. Innovating for Value in Health Care. Digital therapeutics are being increasingly validated in clinical trials published in peer-reviewed medical journals and are available or are being developed for most chronic diseases.

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Make Your Knowledge Workers More Productive

Harvard Business Review

With scarcely any help from management, knowledge workers can increase their productivity by 20%. Yet here is the challenge you face as a senior executive: You cannot manage your knowledge workers in the traditional and intrusive way you might have done with manual workers. 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.

The Risks of Health Insurance Company Mergers

Harvard Business Review

Before addressing that question directly, let’s start with some basic premises: Consumers need an ample choice of innovative, well-priced insurance products. The pitch goes something like this: “Synergies will reduce overhead by eliminating duplicative management positions and spreading IT and marketing costs across more members.” And we’ll have an incentive to pursue those approaches because we’ll reap enough of the rewards.”