The Global Company’s Challenge
As the economic spotlight shifts to developing markets, global companies need new ways to manage their strategies, people, costs, and risks.
Content: Article | Authors: Jonathan Harris, Martin Dewhurst, Suzanne Heywood | Source: McKinsey Quarterly | Subject: International
Motivating People: Getting Beyond Money
The economic slump offers business leaders a chance to more effectively reward talented employees by emphasizing nonfinancial motivators rather than bonuses. A recent McKinsey survey indicates that executives find some nonmonetary rewards motivate employees better than cash bonuses do. See what they are, then let us know what’s working in your organization.
Content: Article | Authors: Elizabeth Mohr, Martin Dewhurst, Matthew Guthridge | Source: McKinsey Quarterly | Subjects: Human Resources, Management, Organizational Behavior