COMM 200 Lecture Notes - Lecture 2: Reward System
Document Summary
The motivational tool kit (talent: t = trust and respect, a = approval, praise, recognition, l = lead by example, e = enrichment, n = negotiation skills, t = treasure. Leading means being able to build continuous momentum and building a system that encourages innovation, creativity, and can survive beyond a single individual: technical and analytical skills: successful managers must have a solid, human relations skills: the ability to communicate expectations in an understanding of the work that needs to be accomplished. engaging, motivating, and collaborative manner. Short termism loop: impact to talent development: lack of growth or desire to enhance immediate returns, increases pressure on short term operations focused decision making, top management responds with short term financial reaction (cutting hr spending, company migrates toward a reactive hr strategy, reactive strategy results in a critical lack of talent to meet future needs, lack of talent blocks or inhibits growth.