In 2003 the economist Anton Suvorov developed the “principal agent theory”. He investigated the way agents (think employees or children) react to the interventions of principals (think bosses or parents). He looked at the way rewards and bonuses act. All very clever and insightful stuff. I was discussing it with my mother. She smiled at […]
Measuring Employee Performance (a Short Cut)
An age old problem Your staff aren’t really working the way you want them to, results are at best average, engagement is low. The age old solution to the age old problem is measures: “give them real measures that mean something to them, it will motivate them to perform better” Will it? What does a […]
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