Shifting the bulk of compensation from mostly incentives (how much employees earn depends on how much they work) to mostly wages (employees earn the same guaranteed amount no matter how much they work) would, according to economic theory result in less productivity. Employees are no longer incentivised to work as much as possible and, human […]
Read More… from Economic Initiatives Can Lead to Unexpected Behaviours… at First
A wide variety of studies have shown that organizational efforts to help employees achieve a sustainable work-life balance increase employee satisfaction, productivity, and engagement, and their commitment to the organization. One study differentiated between supportive cultures, which value non-work aspects of people’s lives and try to accommodate the work-life balance issues, and hindrance cultures, which […]
Read More… from Companies Must Be Sincere About their Flexible Work Arrangements
Collaboration, either formal or discretionary (informally approaching others for guidance, information or assistance), is considered a virtue in today’s workplace. The advantages of collaboration are many, ranging from creativity and knowledge sharing, to teamwork, employee engagement and improved long-term results. However, an in-depth study of the interaction of physicians and health care personnel in one […]
Read More… from The Overlooked Productivity Costs of Collaboration
Innovation is central to a firm’s survival. In a world of demanding customers, myriad choices, and constant change, a company must build its competitive advantage on its ability to innovate. However, while espousing the importance of innovation to their employees and managers, companies are finding that they are failing to create a passion for innovation […]
Read More… from Three Sets of Values that Can Inspire a Culture for Innovation
To study the talent management processes of an organization, a team of researchers focused on the managerial skills required for management promotion. Identification of those skills is the key element in developing effective talent management programs. Managerial skills or attributes important for promotion can be broken down into human capital and social capital. Human capital […]
Read More… from Competition Among Peers Key to Managerial Promotions
As team members work on various (team) tasks and project, conflicts can arise over issues such as, for example, how the work should be done, or the best way to achieve results. While solutions can emerge from productive give-and-take, task-related conflicts tend to slide into personal relationship conflicts. This occurs for several reasons. Often, work criticisms […]
Read More… from How to Avoid Task Conflicts Damaging Team Relationships
How successful are your innovation efforts? For many companies, proof of groundbreaking innovation comes in the form of patents. The question about research productivity is often answered by how many inventions have emerged from a company’s R&D capabilities, as measured by the number of patents filed. Quantity, however, does not necessarily mean quality. The true […]
Read More… from How Companies Are Trading Innovation Quality for Quantity
Shanghai Zhenhua Heavy Industries (ZPMC), a company that specialized in the large-scale cranes used to load containers onto ships, burst on the heavy machinery landscape in 1992. At that time, the global market for large-scale container cranes was growing fast as ports were having to handle more and more super-sized container vessels. The industry was […]
Read More… from A Lesson from China: Growth Is Not Eternal So Be Prepared
There is no doubt that social media has improved both internal and external corporate communication, especially for multinational companies. Social media has, for example, enabled corporations to increase opportunities for two-way communication with their customers at a low cost. However, customers using social media communicate in their own language, which means that a social media […]
Read More… from The Language Challenge for Social Media in Multinationals
Why don’t many employees say something when they see something wrong in the workplace, or when they are unfairly attacked by their boss? Why do they sit silent in meetings even though they may have a relevant suggestion or comment to add to the discussion? These are examples of defensive employee silence, when employees stay […]
Read More… from Overcoming Our Evolutionary Fears to Speak Up to Authority