Tag: employee ideas

Why J.P. Morgan Would Approve of How Idea-Driven Organizations Handle Pay, Perks and Privileges for Management thumbnail

Peter Drucker once told us about an interesting investment rule that the financier J.P. Morgan had developed more than a century ago. Morgan had observed an interesting pattern in his client companies. Those having excessive pay differences between levels in their hierarchies did not perform as well. Consequently, he would not invest in a company if pay differences from level to level were more than thirty  »  Read More

Capturing Employee Ideas in a Project-Based Environment thumbnail

Not long ago, the owner of a medium sized software development firm asked me a very good question. “How does a high performance idea system work in a project environment where every project is different?” We discussed that in a project-based company like his there were lots of processes that could be improved, but his question made a good point. A project environment does have unique challenges for a high  »  Read More