The Finance Compass cites Discovery-Driven Growth
Laresa McIntyre of The Finance Compass writes, “I’m currently reading Discovery-Driven Growth by Rita McGrath & Ian McMillan and came across this quote which I thought was so appropriate for today’s post: ‘Whenever you see someone doing something really stupid in business, there’s a good chance that he thinks he’s being rewarded for it.’ We all know this scenario and it doesn’t usually turn out well for businesses. We want people to go left but they go right. And sometimes it’s because we set the cheese at the end of the maze on the right, not the left. Our fault. How do we fix the problem? We need to look at the way our pay and incentive programs are set so we encourage the behavior necessary to make the business successful.” To read the entire post, click here.
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