It is not easy these days to be a leader. We live in new realities. Society is about to take a leap forward, similar to the time of the Industrial Revolution and we are climbing to the next level. This means changes in technology, in the power structures that rule society, and in organizations. The way we collaborate is impacted, too. To remain successful in this changing world, the following five skills will help:
Many HR specialists are currently giving much thought to how well-established processes can be adapted to new circumstances. Transformation and digital disruption are much more than meaningless buzzwords. At Avaloq, we have taken the bold step of radically changing all major people processes as part of a corporate culture campaign. We will present our solution in this article. The reason we are doing this is not because we think that ours is the only right way, but because we are convinced that we can improve by exchanging ideas. All that matters to us in the end is having an excellent model for our employees and our company.
Many companies still try to motivate their employees by offering performance-related bonuses. But in doing so they are ignoring the findings of various sociological and psychological studies: Financial incentives are no guarantee of improved performance. As a matter of fact, they can have the opposite effect and stifle both the creative design process and innovation.