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Why Employee Recognition Matters in Today’s Workplace

Rick Conlow

Impact on Performance: The Aberdeen Group found that organizations with effective employee recognition programs have a 14.6% Performance-Based Bonuses: Companies can implement performance-based bonus programs tied to specific targets or metrics. higher employee performance compared to those without such programs.

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Change Management Is Becoming Increasingly Data-Driven. Companies Aren’t Ready

Harvard Business

This data can then feed into a predictive model, helping us know with precision the actions that are going to accelerate adoption of a new practice, process, or behavior by a given employee group. What approaches work with groups that share these characteristics? Developing these sorts of metrics will not be quick or easy.

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How to Motivate Frontline Employees

Harvard Business

Productivity (revenue divided by expense) increased by 20% year over year (far more than the 9% increase in revenue that the control group stores averaged); customer satisfaction increased by 11% (the control group saw it decrease by 4%); and sales increased by 8% (the control group saw only a 2% increase).

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Great Digital Companies Build Great Recommendation Engines

Harvard Business

Platform companies invest in virtuous cycles to solve problems; more-traditional firms invest in process improvement to solve problems. The robo-adviser recommender became an opportunity to facilitate cross-functional collaboration between product groups and IT managers who literally had never communicated before.

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Why GE, Boeing, Lowe’s, and Walmart Are Directly Buying Health Care for Employees

Harvard Business

Other companies including Lowe’s, Walmart, McKesson and JetBlue Airways have recently partnered with the Pacific Business Group on Health (PBGH) and Health Design Plus (HDP) to launch the Employers Centers of Excellence Network (ECEN) which helps employers identify quality providers and negotiate bundled payments.