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Goodhart’s Law: When a target becomes its own enemy

Idea to Value

This can also be the reason why company performance begins to suffer over time, as more bureaucratic processes are introduced to manage employee performance. Often, this focus on just meeting the specific targets can take focus and effort away from meeting the more important overall targets aligned with achieving the company’s strategy.

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8 Innovative Baby Boomer Knowledge Management and Retention Strategies

Idea to Value

Millennials, whom we define as those ages 18-34 in 2015, now number 75.4 And Generation X (ages 35-50 in 2015) is projected to pass the Boomers in population by 2028.”. After all, institutional knowledge loss can also occur when key employees resign or are lost due to illness, tragedy, or being poached by another company.

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Continuing the Energy Transition Journey

Paul Hobcraft

The Grid Edge includes the innovative solutions of hardware, software, and business innovation that are enabling smart infrastructure to be installed at or near the “edge” of the electric power grid. Buildings are also going through a digital revolution for managing heating, cooling lighting, and occupant movement.

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Workplace Culture: Productive People Make High-performing Teams That Produce Rapid Results

Innovation Excellence

According to Global Human Capital Trends 2015 pg 36, “Organizations that create a culture defined by meaningful work, deep employee engagement, job and organizational fit, and strong leadership are outperforming their peers and will likely beat their competition in attracting top talent.”. Employees who feel their voices are heard are 4.6x

Culture 91
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The enemy is already within. The flood gates are open. Can GE recover?

Paul Hobcraft

Managing cash, balancing this out with your liabilities and obligations, knowing your market dynamics, and equally, having a good understanding of where the future growth lies, are all essential for managing any healthy business. These disciplines and skills burnish your reputation and are the bedrock of good corporate management.

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Your Employees Want to be Heard. Are you Listening?

Qmarkets

From reviewing products to circadian social media interactions with friends, the modern person has a voice, and they demand it to be heard. Even when employees do share ideas with managers, suggestions need to pass several gatekeepers before being implemented, frequently getting lost in the process. million annual savings).

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Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

This article first appeared on the Harvard Business Review blog. In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World, ” and Eric Ries’s book The Lean Startup.