Rewards And Penalties - Publications - Faculty & Research

02 Jun 2011
What Do You Think?

Is it Time for a National Bankruptcy?

penalties on the country and its economy. But how enlightening would it be for a country like Greece—small enough to serve as a kind of laboratory for the rest of us—to fail? I assume it would be a Chapter... View Details

Keywords: by Jim Heskett

15 Sep 2014
Research & Ideas

Are the Most Talented Employees the Highest Paid? Yes—If They’re Bankers

in the paper Are Bankers Worth Their Pay? Evidence from a Talent Measure by Boris Vallée, an assistant professor at Harvard Business School, and Claire Célérier, an assistant professor at the University of Zurich. “What we are saying is... View Details

Keywords: by Carmen Nobel; Banking

22 Nov 2016
First Look

November 22, 2016

16% greater measurement error variance and imply an average performance penalty of 106 to 277 basis points in annual returns. Finally, reduced-form estimates suggest that ineffective View Details

Keywords: Sean Silverthorne

24 Jul 2014
Op-Ed

Reform Tax Law to Keep US Firms at Home

a) incorporation decisions by entrepreneurs that anticipate the burdens of being a US corporation, b) merger patterns that reflect the penalties of being domiciled in the US and the importance of offshore... View Details

Keywords: by Mihir Desai; Pharmaceutical

06 Sep 2016
First Look

September 6, 2016

https://www.hbs.edu/faculty/Pages/item.aspx?num=51553 September 2016 Harvard Business Review The Scandal Effect By: Groysberg, Boris, Eric Lin, George Serafeim, and Robin Abrahams Abstract—Executives with scandal-tainted companies on their... View Details

Keywords: Carmen Nobel

05 Jul 2006
First Look

First Look: July 5, 2006

Manly Men: The Organizational Reconstruction of Men's Identity R. Ely and Debra E. Meyerson Best Paper Proceedings of the Academy of Management (forthcoming). This paper presents a case study of offshore oil platforms—a workplace that has... View Details

Keywords: Sean Silverthorne

20 Apr 2010
First Look

First Look: April 20

fundamental challenges of science-based businesses: 1) managing and rewarding long-term risk, 2) integrating across technical disciplines, and 3) learning. Whereas these... View Details

Keywords: Martha Lagace

07 Oct 2002
Research & Ideas

What Leaders Need to Do To Restore Investor Confidence

concern for a wide range of constituencies—has been pushed aside and has been replaced by a technical definition of what is acceptable. So there's also no question that we need to strengthen the internal systems that guide conduct within... View Details

Keywords: by Harvard Management Update

12 Feb 2001
Research & Ideas

John Irving’s Lessons for Business

each other with their work, rather than competing with each other. You want an organizational culture that explicitly values creativity and innovation. Whatever reward systems are in place should View Details

Keywords: by Mallory Stark & Martha Lagace

24 Jul 2006
Research & Ideas

How Kayak Users Built a New Industry

forms: It can be time and effort, knowledge, or money. But the cost has to be reasonably low, and the perceived psychic reward to the user has to be high enough to justify the... View Details

Keywords: by Sean Silverthorne; Entertainment & Recreation

06 Apr 2015
Research & Ideas

After Germanwings, More Attention Needed on Employee Mental Health

programs with mental health, companies can both address stigmas and provide coping strategies to address issues before they become chronic problems. Johnson & Johnson has created a culture in which employees are welcome to use the... View Details

Keywords: by Michael Blanding; Health; Air Transportation

19 Jul 2004
Research & Ideas

Why Innovations Sit on the Shelf

Why are so many businesses—though seemingly intent on fostering innovation—unable to get new products through their organizations and into the marketplace? Ed Ludwig faced such circumstances as the new president of New Jersey-based Becton... View Details

Keywords: by Michael Beer, Russell Eisenstat & Derek Schrader

08 Oct 2015
Research & Ideas

Four Questions Fundraisers Must be Prepared to Answer

say no and turn down the opportunity to make a gift, said Stevenson, who also highlighted the rewards of philanthropy—namely, the satisfaction of “partnering with others to accomplish things that have a... View Details

Keywords: by Julia Hanna

06 Oct 2003
What Do You Think?

Is “the Innovator’s Solution” to Sustained Corporate Growth an Unnatural Act?

too long a period of time for the disruptive growth engine to function. Can the appropriate culture be created and rewarded and the process—or as Patel terms it, the... View Details

Keywords: by James Heskett

15 Nov 2006
Research & Ideas

Lessons Not Learned About Innovation

Create processes and controls. The innovation process is inherently uncertain, so companies must develop new ways of tracking progress in these units. Rewarding a manager who "sticks to plan"... View Details

Keywords: by Sean Silverthorne

04 Mar 2014
Sharpening Your Skills

Sharpening Your Skills: Managing Innovation

employees to raise their creative game. But Eric Schmidt, CEO of Google, has a different approach, creating an organization that values and rewards innovation rather than attempting to create it with his... View Details

Keywords: Re: Multiple Faculty

01 May 2006
Research & Ideas

What Companies Lose from Forced Disclosure

other research examines the design of performance measurement systems and incentive contracts for rewarding teams and channel partners. In short, this research explores the... View Details

Keywords: by Ann Cullen; Financial Services

26 Feb 2018
Research & Ideas

The Airbnb Effect: Cheaper Rooms for Travelers, Less Revenue for Hotels

lobbying efforts in local and federal circles for stricter regulations governing Airbnb. The study focused on data from 2014, and the impact on hotels could be even greater today given Airbnb's strong growth... View Details

Keywords: by Dina Gerdeman; Travel

16 Jul 2024
Research & Ideas

Weighing Digital Tradeoffs in Private Equity

When private equity (PE) firms buy a company, they typically follow a standard playbook to create value—streamlining operations, restructuring debt, changing management, and cutting costs. However, as digital technologies View Details

Keywords: by Michael Blanding; Financial Services

08 Jan 2001
Research & Ideas

Can Japan Compete? [Part Two]

business unit. The reward system needs to be based on unit and individual performance, where performance is measured in terms of profitability. And in order for both of those... View Details

Keywords: by Martha Lagace & Hilah Geer

Publications