How to get people to do what you want without micromanagement
Thanks Torsten! Enjoyed the read.
Reminds me of a quote by Charlie Munger, “Show me the incentives, and I'll show you the outcome.”
Learned alot, thanks!
Crazy incentives leads to crazy results. 2008 housing crisis is one of the best examples from history but there is more. I loved the way the information is presented. Clear, explained with enough professional terms without being overwhelming.
This was a great read Torsten. As you said, incentives can be very powerful but only if there is alignment.
Taking a data driven approach here can help find where different people place more weight in the potential list of incentives.
Thanks Torsten! Enjoyed the read.
Reminds me of a quote by Charlie Munger, “Show me the incentives, and I'll show you the outcome.”
Learned alot, thanks!
Crazy incentives leads to crazy results. 2008 housing crisis is one of the best examples from history but there is more. I loved the way the information is presented. Clear, explained with enough professional terms without being overwhelming.
This was a great read Torsten. As you said, incentives can be very powerful but only if there is alignment.
Taking a data driven approach here can help find where different people place more weight in the potential list of incentives.