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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. 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.

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How Scientific Communication Can Spread Misinformation

The Horizons Tracker

Attention is at the heart of the problem, as it’s fundamentally a scarce resource, so there is an inherent incentive for scientists, universities, and journalists to hype things more than is justified. It is not without costs, however, as the peer-review process is usually removed in the rush to print.

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Morning Advantage: An Ivory Tower. or a Gilded Cage?

Harvard Business Review

In turn, there’s less incentive to perform cross-disciplinary research, which, traditionally, has served as a catalyst for innovation. Of course, the private sector is fraught with innovation problems too. Instead, science is stuck in the status quo. But Lane probably chose the right employer in Google. LET THE GAMES BEGIN.

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Why the Future of Social Science Is with Private Companies

Harvard Business Review

The Reproducibility Project found it could substantively replicate the results of fewer than 40% of 100 high-profile experiments published in peer-reviewed journals. Tomorrow’s most important discoveries into why people do what they do will most likely come from business innovation than university research.

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Simple Digital Technologies Can Reduce Health Care Costs

Harvard Business Review

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. Insight Center. Sponsored by Medtronic. Exploring cutting edge ways to lower costs and improve quality.

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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. And we’ll have an incentive to pursue those approaches because we’ll reap enough of the rewards.” The result: the insurer’s rivals also benefit.

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Make Your Knowledge Workers More Productive

Harvard Business Review

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. Marissa Mayer, Yahoo''s CEO, ended the company''s work-from-home policy to foster a more collaborative, innovative environment. Lead by example.