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Should a CEO’s Bonus Be Based on Financial Performance Alone?

Harvard Business

On November 9, 2016, the shareholders of Australia’s largest company, and the world’s tenth-largest bank , revolted. The latter was concerned with “measuring long-term progress in the areas of diversity and inclusion, sustainability, and culture.” ” Now a full 50% of the assessment was subjective. .”

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How Companies Can Take a Stand Against Bribery

Harvard Business

In 2016, the International Monetary Fund estimated that corruption amounted to roughly 2% of global economic output — between $1.5 The standard offers companies a structure for setting up or benchmarking an effective anti-bribery program aligned with its own risk profile, and building a culture that values ethical behavior.

Company 28
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Design Your Employee Experience as Thoughtfully as You Design Your Customer Experience

Harvard Business

In its 2016 Employee Engagement Benchmark Study, the firm showed that companies that excel at customer experience have one-and-a-half times as many engaged employees as customer experience laggards do. It isn’t news that employees don’t all want the same development opportunities, rewards, and schedules. advancement.

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It Pays to Become a B Corporation

Harvard Business

B Corp certification encouraged more “whole-systems thinking” around our social and environmental practices, which led Cabot to develop even more robust customer and consumer programs, cut operating costs, and strengthen our brand reputation as a sustainability-minded company. ” Benchmarking and Operational Cost Savings.

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6 Things New Grads Should Know Before Joining a Startup

Harvard Business

In fact, according to a 2016 survey by Accenture, only 14% of U.S. It’s also going to be a lot harder to benchmark the offer they give you against salaries at other firms. The culture is constantly evolving. At a large firm, a new employee steps into an existing culture, where norms are already established.

Culture 36
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What the Best Transformational Leaders Do

Harvard Business

How have the firm’s growth, profits, and stock performance compared to a relevant benchmark (NASDAQ for a tech company, for example, or DAX Index for a German firm) during the transformation period? They Use Culture Change to Drive Engagement. This required a culture of risk taking and exploration. Financial performance.

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Why an Innovation Culture Matters

Organizational Talent Consulting

Innovation doesn't just happen in the workplace without a supportive culture. Company culture is the one thing that influences everything in the workplace. Leaders that focus on cultivating an innovation culture and developing innovative leaders outperform their competition.

Culture 52