The Secret to Optimizing ROI on Compensation, Commission and Bonus Programs

What is the ROI that your company expects from its compensation, commission and bonus programs? In business, ROI (return on investment) is routinely calculated, planned and monitored. Many organizations’ expectations of these monetary rewards programs include employee retention as well as achievement of critical goals and targets.  But, the greater value of these programs can best…

Manufacturing Leaders – The Very Best of the Very Latest Reads

              Links:  OUR TOP 5 INSIGHT ARTICLES, VIDEOS & STATISTICS 1. Intellectual Capital is now the leading asset class in valuation of businesses 2. Video:  Insights from our Assessments 3. Dan DiMicco: Why ‘American Made’ is the Answer, Industry Week 4. Unconventional Leadership Lessons From A Nuclear Submarine Captain and 5th:…

Dare To Disrupt Your Performance Review Process

Experience and research have shown us that some of the foundational components of the performance review processes we use today are flawed. Following are the top three deficiencies in today’s practices:

What You Need To Know About Employee Recognition

  Our intuition that recognition, delivered effectively, builds employee engagement, organization performance and employee retention is supported by survey after survey. A recent survey conducted by Globoforce with SHRM has data that makes the business case for rewards and recognition programs (“The Business Impact of Employee Recognition” is available at go.globoforce.com/rs/globoforce/images/SHRMFALL2012Survey_web.pdf) and experience shows that…

Agility: A Critical Capability For Today’s Businesses

As a dog owner and animal-lover, when I hear the word “agility” I first think about dogs, and the obstacle courses they are trained to navigate competitively.  Then there’s a favorite video of a squirrel running an obstacle course to get nuts.  These are fun examples of how animals change what they do and how…

WIIFM To Join Your Organization?

It has become a norm to structure organizations to be “flat”.  Flat organizations have concise organization charts and short chains of command.  What do today’s organizations tend to lack?  Assembler I, II, III,  Technician I, II, III, Paths for Assemblers to become Technicians and for Technicians to become Field Support Specialists. Career Paths that include both…

Manufacturing Leaders: Do Your People Really Understand The Business Strategy?

John Kotter’s July 19, 2013 article in Forbes, “When CEOs Talk Strategy, 70% Of The Company Doesn’t Get It” and Harvard Business Review’s June, 2013 article, “When CEOs Talk Strategy, Is Anyone Listening?” are two credible sources citing research and experience proving that, even in companies who take the time to communicate about the strategy, only a small percentage of employees actually take…