Compensation , incentives and their importance in great organizations

Compensation and incentives are important but for different reasons in great companies.

In great companies , the level 5 leaders realize that purpose of compensation system should NOT be to get the right behaviors from the wrong people , but to get the right people on the bus in the first place and to keep them there.

Adopted from Jim Collins’s book Good to Great.

Published by dipsviewpoints

Tech geek , food gourmet , preacher and seeker of motivation

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