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Praising Employees Pays Big Dividends

Strategy Driven

You’ve read the management books. But there’s just one problem: In the day-to-day rush of running your business, keeping your staff motivated takes a backseat to your daily work, management crises and making your numbers. Research has shown that appreciation from managers is one of the incentives workers want most.

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How to Write Thank You Emails to Coworkers

HR Digest

Do no meander on; it is a letter of gratitude and appreciation, not an explanatory note. If possible, if it is work-related, you can cc the letter to his or her superior to show their empathetic nature. As a result, we were able to finish the project way before the deadline, which qualified us for great incentives.

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How Incentives for Long-Term Management Backfire

Harvard Business Review

This is a classic story of unintended consequences — inadvertently short-circuiting long-term management — to the detriment of companies, investors, and the economy. The logical performance period for long-term incentives is one that matches those cycles. How could anyone object to such an effort?

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Bonus or No Bonus? | N2Growth Blog

N2Growth Blog

Posted on November 29th, 2010 by admin in Miscellaneous , Operations & Strategy , Talent Management By Mike Myatt , Chief Strategy Officer, N2growth Bonus or no bonus? There is a tremendous amount of conflicting data as to whether or not incentive compensation in any form is an effective motivation tool. That is the question.

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Reflections on Dr. Deming’s Hospital Notes – What Has Changed Since 1990?

Deming Institute

About ten years ago, somebody sent me a PDF file of Dr. Deming’s “Some Notes on Management in a Hospital.” A system doesn’t design itself and a system doesn’t manage itself. My opthamologist told me once that his CMS (Centers for Medicare and Medicaid Services) quality incentive payment was delayed. Guest post by Mark Graban.

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Social Pressure Is a Better Motivator Than Money

Harvard Business Review

So if financial incentives aren't a big lever, where can leaders look to increase motivation? Indra Nooyi, CEO of PepsiCo, goes so far as to send the spouses of her top team handwritten thank-you letters. Some managers might dismiss these as token gestures with at best a limited impact.

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How Health Care Providers Can Help End the Overprescription of Opioids

Harvard Business Review

This requires investments in data infrastructure and health information technology to measure real-time opioid prescribing patterns. PDMP data could also be used to rapidly evaluate the effectiveness of new interventions or policies.