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Why doubling down on KPIs could hurt your bottom line

Why doubling down on KPIs could hurt your bottom line

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

Sally PattenBOSS editor

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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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Sally Patten
Sally PattenBOSS editorSally Patten edits BOSS, and writes about workplace issues. She was the financial services editor and personal finance editor of the AFR, The Age and the Sydney Morning Herald. She edited business news for The Times of London. Connect with Sally on Twitter. Email Sally at spatten@afr.com

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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