Strange as it may seem most business specially those in people driven business seem to forget that the reason for their profits are the people who drive it.
Take the case of an IT company, any college graduate would question the validity of management decision where a choice of letting an experienced hand go rather than finding a creative way to recognize that person - financially. Basic Maslow,Basic Common Sense - a distracted mind will never work optimally thereby increasing both Management overhead of supervision and potential costs of new hire, customer dis-satisfaction etc.
Make Profits with People and your shareholders will benefit too in both short and long run. What does it mean for an Organization?
1. Don't hide behind Policy. Be innovative in rewarding people.
2. Generals trust your Commanders. In the battlefield they need to be able to act quickly.
3. Encourage leadership empowerment with Accountability.
4. Ensure team is aware of both long and short term expectations.
5. Take action on lessons learnt and move on quickly ensuring impact is understood.
6.Acknowledge that most people are acting on their best levels of knowledge/awareness at the point in time.
7. Celebrate and ensure the team spirit prevails - while recognizing brilliance of individual performers.
Our Company has a pillar 'Alternative Thinking' . Hope this qualifies.
Take the case of an IT company, any college graduate would question the validity of management decision where a choice of letting an experienced hand go rather than finding a creative way to recognize that person - financially. Basic Maslow,Basic Common Sense - a distracted mind will never work optimally thereby increasing both Management overhead of supervision and potential costs of new hire, customer dis-satisfaction etc.
Make Profits with People and your shareholders will benefit too in both short and long run. What does it mean for an Organization?
1. Don't hide behind Policy. Be innovative in rewarding people.
2. Generals trust your Commanders. In the battlefield they need to be able to act quickly.
3. Encourage leadership empowerment with Accountability.
4. Ensure team is aware of both long and short term expectations.
5. Take action on lessons learnt and move on quickly ensuring impact is understood.
6.Acknowledge that most people are acting on their best levels of knowledge/awareness at the point in time.
7. Celebrate and ensure the team spirit prevails - while recognizing brilliance of individual performers.
Our Company has a pillar 'Alternative Thinking' . Hope this qualifies.
