Financial Rewards - Publications - Faculty & Research

25 Jul 2023
Research & Ideas

Could a Business Model Help Big Pharma Save Lives and Profit?

India, Nigeria, Pakistan, South Africa, and dozens of other countries. Typically, drug manufacturers perceive countries such as these as too difficult to be profitable, said Samuel, former senior vice president of the company’s Access Operations & Emerging Markets... View Details

Keywords: by Esther Schrader; Pharmaceutical; Health

31 Jan 2018
Research & Ideas

American Idle: Workers Spend Too Much Time Waiting for Something to Do

evaluate employees based on outcomes rather than hours spent working or seeming to work,” Brodsky says. When employees don’t have work to do, managers can reward them by allowing them to surf the internet, read, or play video games or... View Details

Keywords: by Michael Blanding

07 Jul 2003
Research & Ideas

4+2 = Sustained Business Success

independent decisions and to find ways to improve operations—including their own. Reward achievement with pay based on performance, but keep raising the performance bar. Pay psychological rewards in addition... View Details

Keywords: by Nitin Nohria, William Joyce & Bruce Roberson

19 Oct 2022
Op-Ed

Cofounder Courtship: How to Find the Right Mate—for Your Startup

partnership. Just like a personal relationship may result in children, big financial decisions (like buying a house), running a household, etc., a cofounding relationship will force you to commit to how you will nurture employees, manage... View Details

Keywords: by Julia Austin

02 Mar 2009
Research & Ideas

When Goal Setting Goes Bad

by Sears auto mechanics, to disappearing New York cab drivers, to Enron. Do you see goals as a contributor to our current economic collapse? A: There are lots of culprits, which certainly include dysfunctional reward systems. And I am... View Details

Keywords: by Sean Silverthorne

09 May 2017
What Do You Think?

Should Management Be Primarily Responsible to Shareholders?

looking for sustainability.” Rob Kautz provided us with a reminder that sustainability should be a concern of shareholders as well. In his words, “Empirical financial analyses have shown that consistent returns over three years or more... View Details

Keywords: by James Heskett

29 Nov 2021
Research & Ideas

How Bonuses Get Employees to Choose Work Over Family

time is also effective. Employers could consider supplementing financial incentives with time-based rewards, like extra vacation time or flex days, or health perks, like gym memberships, says Whillans, author of the book Time Smart: How... View Details

Keywords: by Rachel Kim Raczka

31 Jan 2023
Op-Ed

Can Insurance Technology Solve the Uninsured Driver Problem?

Despite mandates requiring motorists to carry car insurance, 13 percent of US drivers operate vehicles without any coverage—a problem that exposes uninsured drivers to catastrophic financial risks and leads to higher premiums for insured... View Details

Keywords: by Ray Kluender; Insurance

18 Jul 2011
Research & Ideas

Looking in the Mirror: Questions Every Leader Must Ask

sufficient passion for those tasks you choose to spend time on. This is a critical area of advice that I regularly give to MBA students as they are thinking about their first job and industry choice. The prospect of financial gain is a... View Details

Keywords: by Carmen Nobel

09 Oct 2001
Research & Ideas

Driven: How Human Nature Shapes Organizations

personal lives, but they often need the help of well-managed social institutions to succeed. Leaders have several structural devices they can use to promote this balance. For example, they can balance financial and symbolic View Details

Keywords: by Paul Lawrence & Nitin Nohria

24 Feb 2022
Op-Ed

Want to Prevent the Next Hospital Bed Crisis? Enlist the SEC

institutions within individual and community networks. But they have not done so to date. Enter the SEC One novel way to assure that independent hospitals create network plans is to harness a new accounting standard, as specified by the View Details

Keywords: by Regina Herzlinger and Richard Boxer; Health

20 Feb 2008
First Look

First Look: February 20, 2008

Here they outline the six danger signals that suggest a predictable surprise may be imminent. The Evolution of Financial Services Author:Niall Ferguson Publication:New York: Oliver Wyman, 2007 No abstract is available at this time. The... View Details

Keywords: Martha Lagace

15 Jul 2019
Book

Many Executives Are Afraid of Finance. Here's How They Can Gain Confidence

Book of the Year and connected finance with the humanities. The book sets out to demystify finance and instill both curiosity and confidence, helping readers answer fundamental questions like: What do financial ratios reveal about a... View Details

Keywords: by Dina Gerdeman

18 Nov 2022
HBS Case

What Does It Take to Safeguard a Legacy in Asset Management?

emerged: how to preserve the firm’s growth strategy and shift firm ownership while also rewarding its diverse workforce for its investment in the team’s culture, write Harvard Business School Senior Associate Dean Luis M. Viceira, Senior... View Details

Keywords: by Rachel Layne; Financial Services

29 Jun 2007
First Look

First Look: June 29, 2007

ability to use customer information for pricing or whether even larger rewards could be found in leveraging the connection to the GM family. However, although jointly selling auto insurance and cars is common in many countries, the... View Details

Keywords: Martha Lagace

10 May 2022
Research & Ideas

Being Your Own Boss Can Pay Off, but Not Always with Big Pay

the number of jobs held by independent contractors has remained steady, fewer entrepreneurs are choosing to start ventures that require significant startup capital—and those are the same businesses that are typically rewarded with higher... View Details

Keywords: by Jay Fitzgerald

21 Dec 2011
Research & Ideas

The Most Common Strategy Mistakes

hidden biases embedded in internal systems, organizational structures, and decision-making processes. It's often hard, for example, to get the kind of cost information you need to think strategically. Or the company's incentive system View Details

Keywords: by Joan Magretta

04 Apr 2017
First Look

First Look at New Research, April 4

Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=51635 forthcoming Journal of Financial Economics Cost of Experimentation and the Evolution of Venture Capital By: Ewens, Michael, Ramana Nanda, and Matthew Rhodes-Kropf... View Details

Keywords: Sean Silverthorne

01 Jun 2007
What Do You Think?

How Should Pay Be Linked to Performance?

performance." Generally speaking, respondents favored schemes designed to reward long-term as well as short-term performance, encourage retention, recognize special needs of an organization, be based on the achievement of both View Details

Keywords: by Jim Heskett

16 Dec 2019
Research & Ideas

Taking on the Taboos That Keep Women Out of India's Workforce

other economists offers a new way of thinking about this puzzle. Published in September by the National Bureau of Economic Research, On Her Own Account: How Strengthening Women’s Financial Control Affects Labor Supply and Gender... View Details

Keywords: by Julia Hanna

Publications