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 July 2008
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Thank you for the positive feedback on my June edition of "Pushing the Edge."
"Pushing the Edge" is my way of sharing interesting insights and experience on leadership and innovation. These thoughts are intended to provoke your thinking about "what's possible".
If you can't imagine what's possible,
you can never achieve what's possible!
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In Praise of Team Performance
Imagine that your CEO sent out the following memo to all employees in the company:
Dear Fellow Employee,
As you know we operate in a highly competitive marketplace. Our growth aspirations face many challenges. I believe we have assembled a superb set of talent to overcome those challenges. The key to our success will be how we operate as a team.
Today, I am announcing the elimination of all individual performance bonuses. Each employee's total bonus target will be the same as before but we will be calculated bonus payout based upon a unified set of company performance factors. Simply put, my bonus performance per cent realization will be the same as yours. Starting today, we are one team.
Go Team!
Your CEO
- How would you react to this memo?
- Is this a fair system?
- What behaviors does this system encourage and discourage?
I welcome your comments.
Feel free to share this mailing with friends and colleagues.
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| About Glenn Mangurian and FrontierWorks
FrontierWorks is a management consulting firm that pioneers new paths to opportunity. We partner with leaders to stretch their ambition and realize what possible.
In 2001 Glenn suffered an injury to his spinal cord which left him paralyzed from the waist down. Undeterred by his injury, Glenn remains active in his consulting, speaking and writing. He combines his decades of business experience with his personal experience in overcoming adversity to inspire individuals and organizations to achieve extraordinary results.
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If I can be of any assistance, please feel free to call.
Best Regards,
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Glenn Mangurian
FrontierWorks LLC
4 Huckleberry Hill Lane
Hingham, MA 02043
781-749-3490
gmangurian@frontierworks.com
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