Scaling Up Compensation
5 Design Principles for Turning Your Largest Expense into a Strategic Advantage
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Narrated by:
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Verne Harnish
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By:
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Verne Harnish
About this listen
How you compensate people is one of the most important strategic decisions your company will make—but few “get it right and out of sight.” Nail it and you can add hundreds of percentage points to the bottom line while driving up the energy in the organization. Make the wrong call (or piecemeal the decision together), and the results will create needless drama throughout the organization.
Do any of these challenges sound familiar?
“I gave a star performer a raise, and now everyone else is marching into my office, demanding one, too.”
“If anyone looked closely at our payroll, it would be hard to rationalize why we're paying certain people what we do.”
“I'm tired of losing our best people to the Googles of the world because we can't match their salaries.”
Compensation is one of your largest expenses, one you can turn into a strategic advantage in attracting, retaining, and motivating talent (or not accidentally demotivating them). In this highly practical book, the authors share 5 principles for designing effective compensation systems along with plenty of examples from leading small, medium, and large firms across various industries.
You'll learn:
The #1 mistake business leaders make in setting up their compensation plans
The psychological aspects of compensation underpinning successful plans
How individual bonuses can backfire
The power of gamifying gains to drive up energy and engagement
Whether you want to be queen/king or rich!
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Great material for SF and Frontier entrepreneurs!
- By Brett Fulmer on 04-15-20
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Who Says Elephants Can't Dance?
- Inside IBM's Historic Turnaround
- By: Louis V. Gerstner Jr.
- Narrated by: Edward Herrmann
- Length: 8 hrs and 29 mins
- Unabridged
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Performance
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In 1990, IBM had its most profitable year ever. By 1993, the company was on a watch list for extinction, victimized by its own lumbering size, an insular corporate culture, and the PC era IBM had itself helped invent.
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Moderate Start, Picks up FAST!
- By Art H on 02-08-05
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Attacker's Advantage
- Turning Uncertainty into Breakthrough Opportunities
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- Narrated by: Mark Bramhall
- Length: 6 hrs and 8 mins
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Performance
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In The Attacker's Advantage, Charan reveals the upside of uncertainty for those leaders who are nimbly positioned to anticipate the catalysts of disruption and embrace change. He updates and adapts the principles of his previous best sellers to address the current turbulent business environment, cutting through the veil of complexity to concentrate on the new customer needs and expectations and providing the tools for corporate leaders to take their companies to a higher level.
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Fantastic book - volume lower than usual
- By James Gajewski on 06-14-15
By: Ram Charan
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The Supply Chain Revolution
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- Narrated by: Christopher Lane
- Length: 5 hrs and 32 mins
- Unabridged
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Overall
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Performance
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When CEOs think about the supply chain, it's usually to cut costs. But the smartest leaders see supply chain and sourcing for what they can be: hidden tools for outperforming the competition. Steve Jobs, upon returning to Apple in 1997, focused on transforming the supply chain. He hired Tim Cook - and the company sped up the development of new products, getting them into consumers' hands faster. The rest is history.
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informative but dry
- By Justin on 01-01-18
By: Suman Sarkar
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Strategy Beyond the Hockey Stick
- People, Probabilities, and Big Moves to Beat the Odds
- By: Chris Bradley, Martin Hirt, Sven Smit
- Narrated by: David Marantz
- Length: 6 hrs and 14 mins
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To make these big moves happen for your company, you’re going to have to break through inertia, gamesmanship, and risk aversion. You’re going to have to mitigate human biases and manage group dynamics. Eight practical shifts can help you do this, and unlock bigger, bolder, better strategies. This is not another by-the-book approach to strategy. It’s not another trudge through frameworks or small-scale case studies promising a secret formula for success. It’s an irreverent, fact-driven, and humorous take on the real world of strategic decision making.
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Ok beginning, superb finish
- By Rancher on 01-01-21
By: Chris Bradley, and others
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What listeners say about Scaling Up Compensation
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- sinclair
- 08-28-24
Diversity of compensation strategies
As a business trying to be globally known its difficult to understand how much to pay versus the value you need provided
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- Danica
- 03-25-24
Good read/listen but something’s were missing
The version of my book didn’t completely match the audible version which was a bit disappointing.
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- Amazon Customer
- 02-04-23
clear and concise
plenty of examples to support the concepts and the story flows well throughout the book
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- Amazon Customer
- 06-11-23
clear and concise
I listened to it multiple times, and learned new things every time. well worth it
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