Monthly Archives: May 2010
Cash is only ONE measure of employee happiness.
In 1981, Herb Cohen published “You Can Negotiate Anything”, an excellent guide to great negotiating. I’ve read and reread the book a number of times and find myself using the techniques often in many areas of my life. One of … Continue reading
Align incentives with your goals.
And be generous to your high achievers. Recently I was asked to review an offer letter for a senior director of business development. The CEO was concerned that he was offering far too much in the form of incentive … Continue reading
Equity is the currency of early stage businesses.
Equity is the currency of early stage businesses. The truth of this statement may be obvious, but the execution of a good incentive program using equity is often mismanaged, damaging the corporate capitalization structure and even affecting the outcome … Continue reading
Fire fast, not last.
Here is one that takes a real leap for a younger manger or CEO to believe. After hiring someone with all of the attendant enthusiasm followed by the training and learning curve, if an employee shows signs of weakness in … Continue reading