Skip to main content

Reward Systems

Good guys will go bad if they realise or are convinced that the system doesn’t reward them for their efforts.

I used to ‘hang out’ with my Dad and some of his friends while I was growing up. Among them, there was a couple who stood out.

They were outspoken, eloquent and always cheerful. I loved chatting when them, and always looked forward to meeting them.

But life got to them.

And so today’s lesson in management happened.

They were good people with good intention. But there wasn’t a right reward system in place. The society only rewards the showy, loud but unfortunately empty people who do not contribute much.

Over time, I saw less the cheerful couple. I saw more of the tiredness in their eyes. I saw lively hope turn into dead glances.

They still smile and look cheerful whenever we meet. But the energy and the fuel has run dry.

We will meet such people in life, in business, in social context.

How can we implement the right reward systems to keep the right people in our network, while booting the nice looking rotten fruits of the world?

Labels:

Popular posts from this blog

the slight edge

The Slight Edge Was introduced to this concept recently. Will have to read Jeff Olson's The Slight Edge to find out more. Basically, the idea is that small simple actions that is done daily will compound over time and are the reasons behind becoming the elusive 5% (the successful population). These small simple actions done daily, gives the 5% of people, The Slight Edge, which over time, leads to a Hugh difference. The main reason why the 95% of us are still where we are, or not as successful as the 5%, is that these small simple actions, although simple to do, also tend to be simple NOT to do. Thus, over time, it becomes a Hugh difference, in the downward direction. Its a very interesting idea, and a great challenge. Set yourself a small simple action that you can do daily, and let's see how long you can keep to it! Leave a comment below to let us know about your progress!
Read more

how 2021 started

I ended 2020 with "The Midnight Library", a fiction book about a girl in despair who finds herself in a library filled with infinite possibilities to how her life could be, after an attempted suicide. The plot was predictable, but the journey was memorable. A good reminder that we already have everything we need to become who we want to be. We just need to commit to the goal and have the guts to take on the process. I started 2021 with the docu-film, "Dick Johnson is dead" (available on Netflix), a lighthearted take on the impact of dementia and pending death. "He's a psychiatrist. I'm a cameraperson. I suggested we make a movie about him dying. He said yes." - Kristen Johnson Kirsten Johnson comes up with comical ways her dad would die, in an attempt to help them and their loved ones cope with his pending death. It was funny, intimate and surprisingly intimate.  "She kills me. Multiple times. And I come back to life. I...
Read more

Big Picture Easy, Execution Messy

It’s easy to see the big picture, really. Read some relevant books, read some articles posted online, read some forum reviews or experience sharing by people in the industry. And almost everyone can become a consultant. Just look at the big picture, spot the obvious gaps, and…yak. Talk is cheap. Execution is what brings in the money. But Execution is messy. There are legacy issues. There are stubborn mindsets. There are cemented SOPs. There are undecipherable data. What makes you special today is the ability to convert your big picture, empty talk into executable actions that bring the results you talk about. But few can do that. Can I?
Read more