Is It Time For A Peer-Reviewed Bonus System?

LDRLB

While both companies may have opened up the door to such systems becoming a popularity contest, the idea of distributing bonus power to all employees is a innovative idea for counter-acting our tendency to assess our work and compare it with others. Incentive compensation systems often seem just as likely to disappoint employees as to motivate them.

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. But how do you create, maintain and support a successful real-time peer review program to make sure it delivers on its potential?

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Who's the Best at Innovating Innovation?

Harvard Business Review

Most companies put innovation at the top of their agendas. But how many devote the energy and resources it takes to build innovation into the values, processes, and practices that rule everyday activity and behavior? Not many, as we argued when we launched the Innovating Innovation Challenge in October. Of course, it's variety and the daring to be different that produces game-changing innovation. Democratize Innovation — For Sustained Innovation Culture.

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. To date, these innovations have saved an estimated $4 million in annual medical expenses while decisively improving quality.

The Countries with the Boldest Business Leaders

Harvard Business Review

This accords with other, peer-reviewed research that shows a connection between displaying confidence and being perceived as competent. (If Fortune favors the bold , goes the old Roman saying. Our research suggests fortune is not alone in this: so do the Americans and the Chinese.

When You Have to Carry Out a Decision You Disagree With

Harvard Business Review

You might even be tempted to communicate to your peers and supervisees that you’re not convinced this is the right way to go. This is what I did early in my academic career when I received peer review comments on a paper I’d submitted for publication. Without fail, there would be at least one reviewer who hated the paper. When this first started happening, I hated those reviewers and assumed they hadn’t read my paper carefully.

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. Most resources go to ideas and techniques (and researchers) that have proven profitable in the past, while it’s harder and harder to get ideas outside the mainstream either accepted by peer review, supported by the university, or funded by granting agencies.". Of course, the private sector is fraught with innovation problems too.

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. The innovation paradigm shifts from R&D (Research & Development) to E&S (Experiment & Scale).

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. Look for providers that can back up their claims with support from unbiased national medical organizations and studies published in peer-reviewed scientific journals.

How Physicians Can Keep Up with the Knowledge Explosion in Medicine

Harvard Business Review

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. Imagine an oncologist with more than a decade of practice experience is evaluating a lung cancer patient today. During her training years ago, there would have been a handful of therapy options to consider.

Are CEOs Overhyped and Overpaid?

Harvard Business Review

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. How much do CEOs actually matter?

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. Indeed, I’m aware of no peer-reviewed, published analyses that show that insurance mergers, on average, benefit consumers.

Overcoming Fragmentation in Health Care

Harvard Business Review

America is a nation of innovators and entrepreneurs. Through this commitment, Mayo Clinic physicians and scientists have contributed more than 400 peer-reviewed papers on quality improvement in the last five years. Leading Health Care Innovation.

Mayo 16

Good Bosses Switch Between Two Leadership Styles

Harvard Business Review

If a marketing team is charged with creating an innovative new advertising campaign, for example, a prestigious leader can release the constraints on team members and encourage them to think outside the box. This creates a safe environment where team members feel respected and free to innovate and generate creative solutions. Think back to the last team project you participated in at work. How did the person running the project lead the group?

How Leaders Can Help Others Influence Them

Harvard Business Review

But my peer-review literature search revealed no similar ways to assess how willing leaders are to be influenced or how transparent they are about how they can best be influenced. Recently, I was talking with a senior leader from a world-class global learning and development company.

Make Your Knowledge Workers More Productive

Harvard Business Review

Marissa Mayer, Yahoo''s CEO, ended the company''s work-from-home policy to foster a more collaborative, innovative environment. The analyst would then review each law and group them by similar characteristic.

Surgeons Are Using Social Media to Share and Learn New Skills

Harvard Business Review

That’s why academic surgical departments across the globe hold weekly Morbidity and Mortality (M&M) conferences that gather surgeons together to review particular cases and share ideas for improving their practice. The group allowed Amir not only to review clinical vignettes, videos, and discussions from world experts but also to post his own complex cases and receive insightful input and feedback from those same experts and the hernia surgeon community at large.