article thumbnail

Frontline Finance Fundamentals: How To Talk With Your Team about Money

Let's Grow Leaders

Do you bore your team with finance slides full of terms they may not understand? If they have incentive-based pay, do they really understand how it works? The post Frontline Finance Fundamentals: How To Talk With Your Team about Money appeared first on Let's Grow Leaders. Do you understand [.]

Finance 435
article thumbnail

Research Explores How Financial Incentives Affect CEO Behavior

The Horizons Tracker

Researchers from Carnegie Mellon University looked at all the studies on CEO incentives for the first time. “No systematic review has been done on the effects of financial incentives to CEOs, so firm compensation committees and policymakers have had no evidence to inform their decisions,” the researchers explain.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Cure for the Common Company

Leading Blog

The widespread presence of soda, along with visual cues, product placement, and financial incentive (at the time, a soda cost less than the same size bottle of water) were all contributing to a culture of unhealthy nutrition and making it easier for our workforce to accept that drinking soda was the norm. It was served at our meetings.

Company 358
article thumbnail

How to Encourage Your Employees to Think and Act Like Owners

Great Leadership By Dan

Teach your employees the fundamentals of business and finance , how their company makes money, and how they add (or take away) value. Now you can look at creating a broad-based incentive plan tied to organizational performance, because it will be self-funded. Here are three steps that I recommend in order to accomplish this: 1.

How To 239
article thumbnail

Fixing the Game: What Capitalism Can Learn from the NFL

Leading Blog

In 1976, Harvard finance professor Michael Jensen and Dean William Meekling of the Simon School of Business at the University of Rochester published a paper entitled Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure [ PDF ]. THE STORY BEGINS.

Rogers 279
article thumbnail

Bonus or No Bonus? | N2Growth Blog

N2Growth Blog

There is a tremendous amount of conflicting data as to whether or not incentive compensation in any form is an effective motivation tool. In today’s post I’ll take a look at the well intentioned but often misguided practice of year-end bonuses… Here’s a question – do bonuses work?

Blog 382
article thumbnail

Unexpected Leadership Lessons that Mobsters Can Teach Lawful Leaders

Leading Blog

All firms must empower people with the knowledge and incentives to execute the task to benefit the organization. He is a globally recognized microeconomist and author of seven books and has taught organizational economics, accounting, and finance at the University of Rochester’s Simon Business School for more than forty years.

P&L 370