Many companies make an effort to promote and compensate their employees based on performance rather than, as in the past, seniority. Specifically, companies will implement merit-based routines and written policies and performance management systems, all with the goal of ensuring that the most effective and successful employees and managers are compensated based on their performance. […]
Read More… from Meritocracy at Work: Well-Intention Systems Can Cause the Reverse
Logically, the percentage of work that each team member contributes to a team project cannot add up to more than 100%. For example, if both authors of an academic paper insist that they did 75% of the work, the total work accomplished would be 150%. The inescapable conclusion is that one or both of them […]
Read More… from Beware of Egocentricity Causing Team Members to Overestimate their Value
Companies have both short-term and long-term responsibilities: they must be successful in the present while preparing for the future. While many companies believe they are managing these two priorities effectively, in truth, the urgency of the exploiting the present — launching marketing campaigns, resolving customer service issues or managing the supply chain, for example — […]
Read More… from Build Ambidextrous Teams to Combine Present and Future Objectives
The gig economy (‘gigs’: think musicians and bands) — an economy built more than ever before on contract workers and part-timers — is dramatically changing the relationships between employers and the people they employ. One side effect of the gig economy, according to a recent study, is that short-term workers on their way out are […]
Read More… from Last Chance Cheating: A Gig Economy Challenge
More and more business leaders and top managers understand that employee wellness programs help the organization succeed, through less absenteeism and greater engagement and productivity, as much as it helps individual employees to be happy and healthy. However, according to a report from two researchers involved in a multi-year study of wellness programs, many employees […]
Read More… from How to Inspire Resistant Employees to Embrace Health and Wellness
For three Scandinavian researchers, the traditional approach to leadership almost renders the term a misnomer: the study of ‘leadership’ is actually the study of ‘leaders’ — the study of the personality traits, behaviours, and performance of (often) heroic individuals who align and inspire their ‘followers.’ Leadership, in this traditional approach, is not only embedded in […]
Read More… from Forget the Hero: Leadership as Day-to-Day Processes, Practices and Interactions
There is a growing consensus that employee wellness is good not only for the employee but also good for the company. It’s not just a matter of sick days. Healthier employees are more productive and more engaged when they are in the office. Companies are taking a more active role in promoting wellness in their […]
Read More… from Incentivizing Managers to Promote Employee Health: The 10% Solution
There is much research and much human resources emphasis in recent years on finding, hiring and retaining star performers. New research involving nearly 60,000 workers in 11 firms reveals that a company will save twice as much money by exchanging a toxic worker for an average performer, than changing an average performer for a superstar. […]
Read More… from Expel Expensive Toxic Workers Before Hiring Superstars
Should a board hire a former or current CEO from another company to become the new CEO? In the past, companies tended to promote new CEOs from within, ensuring that the new chief executive had the vital firm-specific experience needed to succeed. Today, however, more boards tend to believe that someone who has successfully navigated […]
Read More… from Why Previous Experience of New CEOs Makes Matters Worse!
Intuitively, it’s well known that sleep deprivation will impact your ability to react and think clearly. However, the true impact of sleep deprivation on the ability of employees to function can be difficult to measure. A breakthrough sleep deprivation test conducted by two researchers used alcohol consumption as a benchmark to measure the impact of […]
Read More… from Sleep Deprivation Hurts Performance As Much As Too Much to Drink
