Is It Time For A Peer-Reviewed Bonus System?

LDRLB

India-based HCL Technologies created a similar system , but removed the monetary compensation element from its program. 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? Another company might choose to emphasize fiscal responsibility, collaboration, or innovation. Embrace new technology. Peer reviews shouldn’t feel like work.

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