Episode 68: No More Whack-A-Mole. Managers Need To Think About Problems That Can Arise From The Incentives They Put In Place.

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Private Innovation in the Public Interest

Anita McGahan

75 episodes

3 days ago

Tune in with Professor Anita McGahan as she speaks with leading thinkers to understand and reinvent corporate social responsibility in service of the public good. Presented by Pi Squared, a project of the Burnes Center for Social Change at Northeastern University, this series explores new ways for companies, NGOs, and even government itself to collaborate and drive meaningful change.

Management

Business

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Management

Business

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Episode 68: No More Whack-A-Mole. Managers Need To Think About Problems That Can Arise From The Incentives They Put In Place.

Private Innovation in the Public Interest

29 minutes 49 seconds

4 weeks ago

Episode 68: No More Whack-A-Mole. Managers Need To Think About Problems That Can Arise From The Incentives They Put In Place.

Professor Lamar Pierce studies the tension between employee performance and misconduct. High-powered incentives to sell more stuff, for example, can lead salespeople to lower prices or even misreport what they have sold. It is this kind of misconduct (and much worse) that Lamar studies.

What does it take to rout this out? Lots and lots of time to get the right people and systems in place, and then the discipline to get out of the way.