“Innovation requires us to systematically identify changes that have already occurred in a business - in demographics, in values, in technology or science - and then to look at them as opportunities. It also requires something that is most difficult for existing companies to do: to abandon rather than defend yesterday.” LooksValuesOpportunityDifficultCompanyTechnologyInnovationManagementYesterdayAbandonChange ManagementDemographics Book:Managing in the Next Society Source: Managing in the Next Society
“Typical pay increases are not enough to motivate employees, but they are enough to irritate them. … Even when companies create seemingly significant pay differentiation between low and high performers, the actual cash increase is insufficient to sustain performance – or it drives the wrong behaviors. … Effective management is a system, not a pay plan. The mistake is that companies try to solve all their problems with pay.” TryingEnoughProblemPayMistakeCompanyPlansBehaviorLowsPerformancesIncreaseManagementSolveSignificantEmployeePerformersCashTypicalInsufficientDifferentiationMotivate Employees Author:Jeffrey Pfeffer