IMD-OWP22-PostEvent-Report-V11[8]

→Leadership

ACTION POINTS

1

Decide on goals for your employees.

2 3

Determine which incentives will motivate employees to work towards these goals.

Set those incentives.

RECOMMENDED READING

WHAT IS YOUR SOLUTION? Executives must better understand the interests of their employees and what motivates them to come to work. Such an improved understanding will enable them to design better incentive schemes for their employees. This step will improve both their employees’ performance and their motivation to remain with the organization.

THE POWEROF INCENTIVES Jovana Poznan (Medium, 17 December, 2017)

THE PSYCHOLOGY OF HUMAN MISJUDGMENT Charles T. Munger

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