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

Idea to Value

This refers to the process whereby it is clear what the targets for success are, and an individual, group or company does just enough to qualify for meeting those specific criteria. Goodhart’s Law: To meet their quotas, the employees just created new accounts without the customers knowing. What is the strategy?

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How Employee Engagement Builds High-Performing Teams: 5 Insights

CMOE

It’s about how enthusiastic a person feels toward the work and the objectives the team and organization are trying to meet. According to a survey by the research firm Gallup, employee engagement is at its lowest since 2015. Improving communication does not mean increasing the frequency and length of meetings.

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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. During this past week, I have been working through specific aspects of the energy transition model. degree mark.

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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 88
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Holacracy: Bringing Innovation to Every Corner of Your Organization

CREATORS

A survey done by Deloitte in 2015 revealed that only 38% of over 7000 companies surveyed retained a traditional structure. The innovation team cannot operate in a vacuum, or parallel to the organization, but must work to directly integrate the innovation strategy into the company’s larger mission to be a truly innovative company.

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Six Internal Innovation Sources You should know

ITONICS

The strategy and the direction of innovation are set by a company’s top management. With this new initiative, Evonik managers now meet regularly to identify and manage innovation challenges, opportunities, and threats. The labs assess and implement emerging technologies, and support the digital strategy of the bank.

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Can Microsoft Claw its Way Back into Relevancy?

Outside Innovation

A year and a half ago, I wrote an Open Letter to CEO Satya Nadella about Microsoft's strategy. However, one of Patty's Pioneers and long time clients, Phil Gibson (whom loyal readers will remember as the mastermind behind National Semiconductor's brilliant web strategy, chronicled in all 3 of my books), had a better idea.