article thumbnail

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. If their perception is that the system is fair, everything works smoothly. However, if their perception is that the system is unfair, a motivational disaster can result.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Unexpected Leadership Lessons that Mobsters Can Teach Lawful Leaders

Leading Blog

All firms must empower people with the knowledge and incentives to execute the task to benefit the organization. The Mafia’s corporate governance system created high-performance teams of entrepreneurial mobsters who quickly seized new openings. Then these individuals’ performance must be measured and rewarded.

P&L 327
article thumbnail

Evidence | Unicorns | Bullshit: 3 Areas Of Team Building & Leadership Effectiveness

Mike Cardus

Beliefs, false ideas, reinforced negative theories of work , personal fallacies about competence, improper systems in place for promotions, onboarding and hiring. When something goes wrong we want to blame people , not processes or systems. Because “someone must have screwed up somewhere, and I know it wasn’t me”.

article thumbnail

Most Work Conflicts Aren’t Due to Personality

Harvard Business Review

For example, people’s interests may truly be opposed; roles and levels of authority may not be correctly defined or delineated; there may be real incentives to compete rather than to collaborate; and there may be little to no accountability or transparency about what people do or say.

article thumbnail

It’s Time to Make Business School Research More Relevant

Harvard Business Review

This is because promotions and salary increases at most business schools are primarily based on professors’ number of peer-reviewed, “A” journal publications (or those appearing in journals with the highest impact factor, or frequency of citation-counts).

Metrics 11
article thumbnail

A Fairer Way of Giving Credit Where It’s Due

Harvard Business Review

We have tested an approach that has seemed to address these issues in our jobs in the nonprofit and government sectors, where financial incentives can be scarce and other forms of recognition, therefore, are especially important. Recognize outcomes. length of service, attendance) that may not have direct bearing on those goals.