Bersin by Deloitte reports that nearly 40 percent of all recognition programs are more than 10 years old, and 87 percent are built on a foundation of rewards for employee tenure that have no effect on organizational performance. According to Dr. Bob Nelson, a best-selling author, recognition expert and motivational speaker, “Today’s...
An organization’s culture can be its greatest asset (Southwest Airlines) or its greatest liability (Wells Fargo). However, according to the 2017–2018 National Association of Corporate Directors (NACD) Public Company Governance Survey, only 18 percent of board directors have a good grasp of their organization’s culture. Quite interesting, since directors have a fiduciary responsibility...
Mary Teresa Barra is the Chairman and CEO of General Motors, making her the first female CEO of a major global automaker. Bravo, Mary. Her management style is said to be direct and brief, which mirrors GM’s workplace dress code: Dress appropriately. Are you sure about that, Mary? In an age...
Elon Musk, the Tesla and SpaceX CEO, choked up several times in a recent interview with the New York Times, while detailing his excruciating year. The stress of meeting production goals, sleeping at the office, and dealing with investors has, in his words, “made it the most difficult and painful...