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    SMARTER BETTER BUSINESS April 2010
    RECENT DISCOVERIES 1. MOTIVATING PEOPLE BEYOND MONEY Thank you to Cherri Holland a New Zealand colleague who sent me a copy of a recent article by McKinsey and Company on motivating people. A study of 1047 managers found that noncash incentives are no less or more effective motivators than the th [...]


    SMARTER BETTER BUSINESS April 2010

    RECENT DISCOVERIES

    1. MOTIVATING PEOPLE BEYOND MONEY

    Thank you to Cherri Holland a New Zealand colleague who sent me a copy
    of a recent article by McKinsey and Company on motivating people.
    A study of 1047 managers found that noncash incentives are no less
    or more effective motivators than the three highest-ranked financial
    incentives. The following list includes the highest rated financial and
    non-financial incentives.
    ( % of respondants answering either extremely or very effective)
    Financial Incentives
    * Performance-based cash incentives - 60%
    * Increase in base pay - 52%
    * Stock or stock options - 35%
    Non -Financial Incentives
    * Praise and commendation from immediate manager - 67%
    * Attention from leaders - 63%
    * Opportunities to lead projects or task forces- 62%

    Article: Motivating people: Getting Beyond Cash, MkKinsely Quarterley,
    November 2009 by Martin Dewhurst, Matthew Guthridge and Elizabeth Mohr.

    2. UNLEASHING POSITIVITY IN THE WORKPLACE

    One of the recent developments in the studies of management is the field
    of Postive Organizational Scholarship. It recommends that leaders
    focus on four areas to improve levels of performance and contribution in
    organisations. These are a positive climate, positive relationships,
    positive communication and positive meaning.
    To learn more visit:
    * http://www.bus.umich.edu/Positive
    * http://www.compassionlab.com
    * http://www.leadingwithlift.com/blog

    Source: Unleashing positivitiy in the workplace, T+D January 2010,
    pp 41-44 by Anne Pace

    3. EXCELLENT REPORT ON PUBLIC SECTOR REFORM

    The Australian Government has recently released a comprehensive report
    on what the Public Sector needs to do to remain viable and effective.
    This is a an excellent read if you are interested in public sector
    or local government reform.
    Key areas of 'Staying Ahead of the Game' report include:
    * Meeting the needs of citizens
    * Providing strong leadership and strategic direction
    * Containing a highly capable workforce
    * Operating efficiently at a consistently high standard

    To download the report go to:
    http://www.dpmc.gov.au/publications/aga_reform/aga_reform_blueprint/exec_summary.cfm

    4. A GREAT RESOURCE ON MYERS BRIGGS

    The Myers Briggs Type Indicator is still as popular as every.
    On a recent assignment,I discovered a great web resource to
    quickly accelerate your understanding of the sixteen personality types.
    Web reference: http://www.personalitypage.com/portraits.html

    5. INCREASING YOUR QUOTA OF HAPPINESS

    Over the last few years there has been an increased fascination
    with what people can do to increase their quota of happiness.
    Martyn Newman summarises some of the key findings from the last
    three decades of research. These comprise:
    * Unhappier people are more likley to believe that they are at the
    mercy of fate.
    * Optimism and self confidence are key enablers for overcoming
    adversity.
    * Passionate people spend twice as much time thinking about what they've
    accomplished, how achievable the task ahead is, and how capable they
    are of achieve it.
    * Being compassionate and kind to others leads to greater happiness.
    * Once your essential needs are met, increases in income do little
    to raise your level of happiness.

    Source: Happiness in Management Today, April 2010, pp 30-32 by Martyn
    Newman

    LATEST NEWS ON ALASTAIR RYLATT

    6. RECENT CONSULTING ASSIGNMENTS

    Here is a selection of my latest projects:
    * Conducted strategic planning and team development
    workshops for Manly Council
    * Presented strategic thinking programs for the NSW Land and
    Management Authority
    * Facilitated team development programs for Pfizer and the
    NSW Department of Environment, Climate Change and Water
    * Executive coaching for a number of senior executives

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