Five pitfalls to avoid by Michael Luca and Amy C. Edmondson
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Summary.
Let’s say you’re leading a meeting about the hourly pay of your company’s warehouse employees. For several years it has automatically been increased by small amounts to keep up with inflation. Citing a study of a large company that found that higher pay improved productivity so much that it boosted profits, someone on your team advocates for a different approach: a substantial raise of $2 an hour for all workers in the warehouse. What would you do?
Read more on Decision making and problem solving or related topics Analytics and data science, Data management, Leadership styles, Organizational decision making and Interpersonal skills
A version of this article appeared in the September–October 2024 issue of Harvard Business Review.
Read more on Decision making and problem solving or related topics Analytics and data science, Data management, Leadership styles, Organizational decision making and Interpersonal skills