There are managers who just seem to be naturally more talented than others. They might motivate their employees to deliver better results, build stronger client relationships, or be more successful at implementing complex change efforts than their peers. So, what’s driving these differences?
Project teams in today’s large organizations are frequently made up of team members from around the globe – a fact that can make work much more interesting and inspiring, but one that also lifts the complexity of project (or program) management to entirely new levels.
Working through a change program requires time and resources. When things get difficult, managers might sometimes start ‘blaming’ employees for being inflexible, too rooted in the status-quo, or following their own agendas. On the other hand, the ‘recipients’ of change […]
„We all know that change is hard, but we don’t know enough about why it is so hard and what we can do about it.” This quote by Robert Kegan brings the dilemma of managers and employees to the point.
A long-standing question is whether differences in management practices across firms and countries can explain differences in productivity. The work of Nicholas Bloom provides an answer: Yes, good management does matter.
“Pay what you want” is a pricing strategy where buyers pay any desired amount for a given commodity, sometimes including zero. In an interesting presentation from a recent Zürich Behavioral Economics Network, Prof. Dr. Martin Spann (LMU Munich) outlined the principles under which this pricing model can also be part of a marketing strategy.
A lot of today’s change management effort’s are focused on processes and controls, making sure nothing goes wrong and budgets or timelines are maintained. These approaches might work well to handle small, isolated “technical” problems, but they are not sufficient to deal with broader change efforts or adaptive challenges.
Few studies have so far taken an in-depth look at the role of financial incentives during change processes. To better understand how financial incentives influence behavior change, I analyzed existing literature and conducted a case study. The results can be found in my thesis for the “Executive Master in Consulting and Coaching for Change” at INSEAD, which can be downloaded here.
Last week the Danish government proposed a set of measures to make it easier to do business in the country. One proposed measure is getting rid of the obligation of certain shops to accept cash as a means of payment. […]