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The very presence in a market of cheap and easy information changes the costs involved in every transaction, providing the seller with a strong incentive to do the right thing.
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138 |
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…your role as a leader is to articulate a philosophy of incentives clearly so that people know what it takes to be successful…
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102 |
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Equity can’t create perfect incentives, but it’s the best way for a founder to keep everyone in the company broadly aligned.
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116 |
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…[organizations] continue to pursue practices such as short-term incentive plans and pay-for-performance schemes in the face of mounting evidence that such measures usually don’t work and often do harm.
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9 |
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…in many instances, contingent incentives – that cornerstone of how businesses attempt to motivate employees – may be ‘a losing proposition.’
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42 |
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…when contingent rewards aren’t involved, or when incentives are used with the proper deftness, performance improves and understanding deepens.…
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58 |
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A practice of verifying factual assertions reduces the incentive for deception, and your risk of being cheated.
|
134 |
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…the incentive structures we offer inside our companies do not reward us for cooperating, sharing information or reaching across the company to offer or ask for help.
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234 |
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…it feels good to put in a lot of effort to accomplish something. There is no biological incentive to do nothing.
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51 |
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That something as simple as a corporate incentive system or a corporate culture is actually contributing to those statistics is horrifying. Our jobs are literally killing us.
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71 |