Dirkjan: Created page with "We started this session discussing the Different models of profit: * The economic concept of profit * The a..."

2020-08-25T08:13:42Z

Created page with "We started this session discussing the Different models of profit: * The economic concept of profit * The a..."

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We started this session discussing the [[Different models of profit|Different models of profit]]:
* [[The economic concept of profit|The economic concept of profit]]
* [[The accounting concept of profit|The accounting concept of profit]]

{{:M18-S3 - Audio - Performance Related Rewards}}

This difference is important to understand to be able to design the right performance rewards. Problems in designing performance related rewards are:
* [[Accounting Myopia|Accounting Myopia]], where investments that benefit the company longer term are postponed to generate shorter term accounting profit.
* Controllability of results
* [[ROI as a performance related reward|ROI as a performance related reward]]

We watched this TED talk:

{{:Dan Pink on motivation}}
[[Category:mbi]]

[[Category:M18]]

[[Category:Session]]

M18-S3 - Performance Related Rewards - Revision history

Dirkjan: Created page with "We started this session discussing the Different models of profit: * The economic concept of profit * The a..."