Why Annual Performance Reviews Don’t Work (and what should replace them)
By Ray Williams October 8, 2020 Performance measurement systems have proliferated in the past 20 years, with executives in both the private and public sectors relying on performance metrics for promotion, compensation, strategic planning, and decision-making to...
What Really Motivates Us? What Science Says
We continue to revisit the issue of motivation and specifically, the “carrot and stick” aspect. New research seems to indicate that brain chemicals may control behavior and for people to learn and adapt in the world; therefore, both punishment and reward may be necessary. This conclusion would certainly run counter to the trend towards positive motivation without extrinsic reward or punishment.
Signs of a Toxic Workplace
By Ray Williams, January 4, 2019 In my book, Eye of the Storm: How Mindful Leaders Can Transform Chaotic Workplaces, I outline in detail the characteristics of toxic workplaces. Characteristics of a Toxic Workplace: All sticks and no carrots. Management...
Why Financial Incentives Don’t Improve Performance
Performance bonuses for individuals, particularly CEOs, has been the norm across all industries for decades. Yet, increasing evidence indicates this is not a smart practice, that may actually detract from individual and team productivity and motivation.