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Is It Time For A Peer-Reviewed Bonus System?

LDRLB

It lets me reward people that management may not always recognize,” employee Becky Neil told the Wall Street Journal. India-based HCL Technologies created a similar system , but removed the monetary compensation element from its program. 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.

Creating an Effective Peer Review System

Harvard Business Review

Employee performance reviews are a hot topic once again. Many people think real-time peer reviews will be a key piece of the puzzle. By providing instant and continuous recognition of positive behavior, typically via a public social platform, they yield more and richer data on employees, offering managers a clearer picture of a team or company’s strengths and weaknesses and everyone a better sense of how they’re performing. Embrace new technology.

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Simple Digital Technologies Can Reduce Health Care Costs

Harvard Business

Digital therapeutics are technology-based solutions that have a clinical impact on disease comparable to that of a drug. They primarily use consumer-grade technology such as mobile devices, wearable sensors, big data analytics, and behavioral science and can be delivered through web browsers, apps, or in conjunction with medical devices. Innovating for Value in Health Care. Human resource management Technology Digital Article

How Physicians Can Keep Up with the Knowledge Explosion in Medicine

Harvard Business

While basic technologies such as Google and Pubmed exist that can help automate the search for specific information, they are not sufficient and will prove even less tenable in the future as the advancement in medical science continues to accelerate. Innovating for Value in Health Care. One service, called UpToDate , employs 6,300 physician authors, editors, and peer reviewers to manually review the most recent medical information to produce synopses for practicing doctors.

How Brigham & Women’s Funds Health Care Innovation

Harvard Business Review

One of the biggest challenges in health care is how to provide innovative, high technology specialty care while reining in costs at the same time. Since 2013, we have tapped our front lines – our 1,500 physicians and thousands more nurses, PA’s, pharmacists and other clinicians – for ways to improve care and reduce costs, using an innovation incubator model that adapts venture capital investment approaches to find and scale the best ideas.

Are CEOs Overhyped and Overpaid?

Harvard Business

For example, Steve Jobs, Jeff Bezos, and Elon Musk enjoy cult-like status and are widely regarded as modern tycoons of innovation. My focus was on peer-reviewed journal articles (academic papers) that included reliable measures of CEO attributes (e.g., I came up with three major conclusions from this literature review: CEOs Do Matter a Lot. First, as shown by a recent analysis of 32 technology firms, the personality of CEOs shapes the culture of the organization.

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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. Marissa Mayer, Yahoo''s CEO, ended the company''s work-from-home policy to foster a more collaborative, innovative environment. Knowledge management Managing people Productivity