Are you suffering budget blues, both in doing and meeting the wretched things? Jeremy Hope and Robin Fraser, authors of Beyond Budgeting, have a simple solution. Scrap them! No targets for spending and selling means no blasting for shortfalls. Yet control isn't lost: use rolling five- to eight-quarter forecasts of key variables (say, orders, sales, costs and capital spending). Motivate via key performance indicators (such as profits, cashflow, cost ratios, customer satisfaction and quality), measured against internal or external peer groups. In Harvard Business Review, the authors claim that this leads people to outdo themselves, and that beyond-budget companies create more value, while saving oceans of time and mountains of money.
If robots are replacing workers, and workers pay taxes, then shouldn't robots be taxed as well?
CEO Sam Smith says that if you want to motivate people, give them skin in the game.
Ella's Kitchen boss Mark Cuddigan says that your choice of words can have a dramatic impact on company culture.
The fenland city has big plans for its £4.2bn life sciences hub, but without support it will struggle to match the scale of world-leader Boston.
Recruiting for new roles is doubly tricky when they're so technical that you don't actually know what good looks like, as Attest's Jeremy King discovered.
From running Britain's largest advertising agency to working with the likes of screenwriter Richard Curtis and ex-Sainsbury's boss Justin King, Dame Cilla Snowball reveals what she's learned about leadership.