In his latest podcast, Aubrey Daniels discusses the reality that salary and hourly pay produces the lowest performance, and instead companies, at the very least, need to build in contingencies of reinforcement.
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What do having no accidents, making no errors and handing out a bonus across the board have in common? They all reward things a dead man can do! Listen now.
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The 4th Management Practice That Wastes Time & Money:
Ranking.
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I also discusses ranking in my latest appearance on
ABC’s Money Matters.
The 3rd Management Practice That Wastes Time & Money:
Performance Appraisals.
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The 2nd Management Practice That Wastes Time & Money:
Stretch Goals.
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The 1st Management Practice That Wastes Time & Money: Employee of the Month (and most other forms of recognition and reward).
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