Faced with shaky consumer demand and stubbornly high input costs, employers are driving staff hard to lift revenues and margins. But they are not always going about it the right way.
Here’s what not to do – and how to do it better.
Many employers are trying to drive performance to boost the bottom line by doubling down on KPIs and bonuses. There is a better way.
Didier Elzinga and Ben Crowe urge leaders to focus on promoting innovation and creativity, rather than bonuses. Dominic Lorrimer
Faced with shaky consumer demand and stubbornly high input costs, employers are driving staff hard to lift revenues and margins. But they are not always going about it the right way.
Here’s what not to do – and how to do it better.
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Original URL: https://www.afr.com/work-and-careers/management/why-doubling-down-on-kpis-could-hurt-your-bottom-line-20240808-p5k0uf