StrategyDriven Podcasts focus on the tools and techniques executives and managers can use to improve their organization’s alignment and accountability to ultimately achieve superior results. These podcasts elaborate on the best practice and warning flag posts on the StrategyDriven website.
Special Edition 9 – An Interview with Steve Kerr, author of Reward Systems examines how properly conceived and implemented reward systems create organizational alignment and increase execution efficiency and effectiveness. During our discussion, Steve Kerr, author of Reward Systems: Does Yours Measure Up? and Senior Advisor at Goldman Sachs, shares with us his insights regarding:
- components of an effective reward system and how they help create organizational alignment
- a three phase process for creating a reward system aligned with an organization’s strategic goals
- how to introduce employees to a new or changing reward system
- balancing performance, tenure, and attendance during reward determination
- warning signs that an organization’s reward system is less than effective
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About the Author
Steve Kerr, author of Reward Systems, is Senior Advisor at Goldman Sachs, where as Chief Learning Officer he created Pine Street, the firm’s distinctive leadership development organization. Prior to joining Goldman Sachs, Steve was the Chief Learning Officer at General Electric, where he led and expanded that organization’s world renowned Crotonville learning center. He has also served on the business school faculties at Ohio State University, the University of Michigan, and the University of Southern California. To read Steve’s full biography, click here.