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Showing posts with label Environment. Show all posts
Showing posts with label Environment. Show all posts

Principles of a Performance-based Culture

  • Inspire everyone to do their best
  • Reward achievement with praise and pay-for-performance, and keep raising the performance goals
  • Create a work environment that is challenging, rewarding, and fun
  • Establish, communicate, and stick to clear values
[Attribution: Joyce, Nohria, and Robertson]

The Five (or Six) Forces That Define an Industry

According to Harvard Business School professor Dr. Michael Porter, there are five forces that define an industry ...
  • Supplier power
  • Buyer power
  • The barriers to entry
  • The threats of substitution
  • The degree of rivalry
Andy Grove, former CEO of Intel, is credited with identifying a sixth force, Complementer Power.