| The Problem of Compensating Solely on Performance | May 04, 2011 |
Geoffrey Moore
|
Mohr Davidow Ventures |
Entrepreneurial Thought Leaders Lecture Series |
| Views: 1378 |
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| Video 3 of 10 from this talk |
- 55:43Reach Your Escape Velocity [Entire Talk]
- 01:47When Big Companies Get Stuck
- 01:52The Problem of Compensating Solely on Performance
- 03:28Overcome End of Quarter Neurosis
- 06:19Hierarchy of Powers Framework
- 01:15Can You Over Invest in Power?
- 04:34Product Managers Can Make Real Impact
- 03:31Create Serious Differentiation
- 03:57Neutralizing Competition is a Speed Game
- 02:14Improve Productivity to Find Resources
Description
Author and MDV Venture Partner Geoffrey Moore describes the trap of compensating employees based solely on performance metrics. Developing new initiatives or ideas creates the "power" for a company's long-term growth, so employees should also be compensated on this measure. According to Moore, "power fuels performance, and performance consumes power," so why will employees help create new power if they are not held accountable for consuming it, nor rewarded for creating it.
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