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Performance Appraisal & Rewards in Response to COVID-19

HR Digest

According to a recent survey in USA Today, Americans are far more worried about their finances than their health amid the COVID-19 outbreak. Household income and savings are ultra-low in most global markets. We suggest: Assess how to set rewards in a depressed stock market. 80% of American workers live paycheck to paycheck.

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Vision vs. Mission | N2Growth Blog

N2Growth Blog

Vision statements, as implied in the construction of the phraseology itself, put forth a statement of envisioned future. It is not uncommon to see both vision and mission statements change over time to reflect differences in market conditions. And Mike, thanks, for providing the forum and moderating.

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Shaping Performance & Rewards in Response to COVID-19

HR Digest

According to a recent survey in USA Today, Americans are far more worried about their finances than their health amid the COVID-19 outbreak. Household income and savings are ultra-low in most global markets. We suggest: Assess how to set rewards in a depressed stock market. 80% of American workers live paycheck to paycheck.

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Can One Bank's Leasing Program Boost the Economy?

Harvard Business Review

Instead of foreclosing on delinquent mortgagees, BOA will now allow them to transfer ownership to the bank, have all mortgage debt forgiven, and rent their home for up to three years at the market rate. Leasing — as opposed to foreclosure — can benefit the housing market as well as our economy.

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Build Your Team Like an Executive

Harvard Business Review

Many managers proudly describe the team-building initiatives they've pursued to create a sense of staff cohesion and morale. At meetings of the corporation's finance managers, Tim makes a point to spend time with lower-level staff members to establish a personal bond. Don't get me wrong.

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Spain Is Now Making Ireland's Mistakes

Harvard Business Review

Just like Ireland, Spain had a credit boom financed mostly with external debt, which meant that the balance sheets of their banks are now stuffed with bad debts as asset values collapse. The Spanish Prime Minister has become preoccupied with creating market confidence, as was the Irish Prime Minister in the run up to the EU/IMF bailout.

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Telltale Signs of an Unhealthy Hierarchy

Harvard Business Review

As such, we blame them for slowing things down, lowering morale, and choking off innovation. In the financial services example, after many weeks of discussion, the relationship team and the product managers had seemingly reached an agreement about how to go to market together.