The Carrot and Stick Approach No Longer Applies

Most of the time, business is at the forefront of change in our society. Sometimes, on the cutting and bleeding edge of change. But from time to time, business is sadly behind what we know to be fact. This is especially true when it comes to what motivates employees within a company. Traditionally, a \'Carrot and Stick\' approach to rewarding employees has worked very well. A goal is set and if you achieve it, you get the carrot. If you fail to achieve it, you get the stick. According to Dan Pink, author of Drive, the Surprising Truth about What Motivates Us, the carrot and stick still work, but in narrowly defined areas.

A Push Forward

We must constantly reevaluate what we do and not let habits and past wisdom blind us to new possibilities. Apple just launched their newest operating system, OS X Lion, last week.  Like any new idea, people are excited about the change, but weary of its unfamiliarity.  Just like people who are fretful about the idea ...

How to Identify Worthwhile Actions

How do you know which actions are worthwhile and which are not?  Anyone who has an appetite for the taste of success thrives to take meaningful steps towards it, but what do those steps look like? The most pivotal and overlooked component for success is its starting point.  Teddy Gross, founder of Penny Harvest, has ...

Can Work and Play Co-Exist

“If it isn’t fun, why do it?” says Jerry Greenfield of Ben & Jerry’s Ice Cream. Its ironic that what many of us dread, another day of work, is supposed to be an environment for productivity, creativity, and innovation. Work and play are considered opposite ends of the spectrum.  But can the two co-exist?  Can we have ...

The Need for Challenge

There was an Indian tribe residing in the Shuswap region of British Colombia.  This specific region was considered by the Indian people to be a rich place.  There was plenty of salmon and game, vast amounts of below-ground resources, and plenty of fertile land.  They built village sites and had elaborate technologies to effectively cultivate the resources.  The Indians ...

Making a Better Work Environment

“If it isn’t fun, why do it?” says Jerry Greenfield of Ben & Jerry’s Ice Cream. Its ironic that what many of us dread, another day of work, is supposed to be an environment for productivity, creativity, and innovation. Work and play are considered opposite ends of the spectrum.  But can the two co-exist?  Can we have ...

Burn Your Boats

22. March 2011 Better Business 1
This example, although extreme, is a powerful mindset.  Burning your boats is essentially removing all excuses.  If soldiers found themselves outgunned and outmanned they would have to come up with a strategy different then strength in numbers.  When the option of retreat is off the table, ingenuity and innovation become the new battle tactics. When we commit to ...

Are Your Investments Worthwhile

12. February 2011 Better Business 0
How many times have we uttered the phrase, “That was a waste of time.”   As good as our intentions may be, the outcome clearly did not pan out the way we wished it to. Hours upon hours of time invested into something, and the result goes unnoticed.  Perhaps it’s trying to figure out how to use a ...

10-Step Survival Guide for Tough Times

Times are tough. 2 million jobs lost in 2008, 533,000 in November alone, the most in 34 years.  Manufacturing is down.  Now the automotive industry is requiring a bailout. The economy is moving into a very difficult and tumultuous time.  We are all feeling nervous about what is coming.  Even companies in strong positions are ...