Compensation Benchmarking is a process through which an organization can review the industry compensation structure. The results of the benchmarking can then be used to compare the compensation structure followed internally by the organization. In order to make the Benchmarking effective it is crucial that the industry review is done through a reliable and accurate […]
Hoshin Kanri also known as Policy Deployment, is a process that was developed by the Japanese in early 1960s. This methodology ensures that everyone in the organization is aware of the strategic direction for the company. It allows for both breakthrough innovation and continuous improvement. It encourages more accountability and better transparency and tractability of […]
A “nine-box grid” is a matrix tool that is used to evaluate and plot a company’s talent pool, based on two factors, which most commonly are performance and potential. Typically on the horizontal axis is “performance” – measured by performance reviews. On the vertical axis is typically “potential” – referring to an individual’s potential to […]
A trust fall is a purported trust-building game often conducted as a group exercise in which a person deliberately allows himself to fall, relying on the other members of the group (spotters) to catch him. Despite its name, there is no scientific evidence proving that the game builds any trust among participants.
Organizations typically initiate a “leaders-teaching-leaders” model by having executives kick off a leadership initiative. Mature companies go much further by having leaders involved in the program design, delivery, and interacting in many stages throughout the initiative. Leaders may play a number of roles in a development initiative, such as: Strategist – Imparting knowledge of the organization’s strategy […]