Few firms innovate with any degree of consistency. Despite a significant body of in-depth analysis and academic research on the topic of technology innovation, most high-tech businesses are not particularly innovative, and numerous industry watchers and pundits wonder aloud how the truly innovative companies make it look so easy (for example, Burrows 2004; Economist 2007; Grossman 2005; Murphy 2008).
This video blog series by Mike Byam and Jenny Watkins of Terryberry talks about developing a tiered employee awards structure:
– How to appropriately recognize good, better, and best achievements
– Motivating employees for continual achievement
– Example employee award methodologies for various achievement levels
– Suggested award review processes and benchmarks for percentages of employees to recognize at each level.
How do executives reengineer HR practices to adapt to changes in company goals and needs? The
study featured in this article is based on interviews with CEOs and other leaders of fast-growth companies about the “how and why” of talent management during challenging times.
GE Financial Assurance (GEFA), a subsidiary of the General Electric Company, is a consumer insurance and investment business helping 25 million people in 17 countries build financial security.