Getting New Managers Up to Speed

The usual employee-orientation process needs to be retired. In this article from Harvard Management Update, savvy companies explain how to jump-start the success of new managers. Tip: Set up meetings, use technology, and coach newcomers.

The Four Disciplines of Sustainable Growth

This article outlines four critical elements of an employee performance management system.

Editor’s Note: highly recommended…

Jim Collins

People are not your most important asset; the right people are.

Jim

Give people responsibilities, not jobs.

Bill George

We are all spiritual beings. To unleash the whole capability of the individual — mind, body, and spirit — gives enormous power to the organization. This has nothing to do with religion. People of many faiths, or no faith at all for that matter, can join together in a common cause of service to others through their work.

Working With Pay Pals: Creating Incentive Pay Programs

Recent research suggests that productivity is substantially higher when employees’ monetary incentives are based solely on individual effort.

Marcus Buckingham and Curt W. Coffman

In 1969, in his book, The Peter Principle, Laurence Peter warned us that if we followed this path without question, we would wind up promoting each person to his level of incompetence. It was true then. It is true now. But, unfortunately, in the intervening years, we haven’t succeeded in changing very much. We still think that the most creative way to reward excellence in … [ Read more ]

Keith H. Hammonds

A simple test: Who does your company’s vice president of human resources report to? If it’s the CFO — and chances are good it is — then HR is headed in the wrong direction.

Hiring and Developing Talent: Key Differences

In very real ways, talent is key to both hiring and developing employees. But beware: While selection and development processes may be similar, they actually require quite distinct tools.

Building vibrant employee networks: whom you know helps determine what you know and how your job gets done

In today’s flatter, knowledge-based organizations, networks of informal relationships are often more critical to performance and innovation than those of formal divisions and units. The networks also have a lot to do with personal productivity, learning, and career success. Helping employees build vibrant networks can have tremendous payoff for managers in terms of both individual and departmental productivity. The paper examines this issue in detail. … [ Read more ]

Break From The Herd: Meeting The Long-Term Performance Challenge

Performance plans are essential for the success of an organization. The paper illustrates how performance plans differ from stock options and restricted stock. The advantages and disadvantages of the same are also examined. The paper discusses the analytic tools used for long-term incentive plan design. Finally, the paper looks at the subjective factors, which need to be considered while designing a performance-based plan. [BNET Annotation] … [ Read more ]

It’s 2008: Do You Know Where Your Talent Is? Why Acquisition and Retention Strategies Don’t Work

In the 1990s, companies responded to shifting labor markets by launching a “war for talent”. However, even the best recruitment tactics will not suffice in the struggle ahead. Instead, a more thoughtful response is required – one that lures critical talent, but more importantly engages them in ways that promote the flexibility and productivity you need to compete. Highly talented people vie for the limited … [ Read more ]

Steven B. Potter (CEO, Executive Search Division, TMP Worldwide)

Companies also fail to realize that the really talented people don’t fear turnover. What drives them out is the toleration of mediocrity. If you tolerate mediocrity in your organization and then claim to be the best, I can tell you right now you’re not. And if you look at those who are the best at what they do, their turnover rates are generally somewhat lower. … [ Read more ]

Do you know who your experts are?

Expertise should be identified through experience, its frequent companion. While many point out that the two should not be confused, there is nonetheless a strong correlation between them. By letting the employees’ experience speak for itself, companies can quickly find experts when and where they are needed.

Doing Diversity

The question isn’t why to do it-but how. Here are a few savvy strategies that really work.