We started this session discussing the [[Different models of profit]]:
* [[The economic concept of profit]]
* [[The accounting concept of profit]]

<<tiddler [[M18-S3 - Audio - Performance Related Rewards]]>>

This difference is important to understand to be able to design the right performance rewards. Problems in designing performance related rewards are:
* [[Accounting Myopia]], where investments that benefit the company longer term are postponed to generate shorter term accounting profit.
* Controllability of results
* [[ROI as a performance related reward]]

We watched this TED talk:

<<tiddler [[Dan Pink on motivation]]>>
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mbi_public
created
Sat, 08 Oct 2011 10:08:26 GMT
creator
dirkjan
modified
Sat, 08 Oct 2011 10:08:26 GMT
modifier
dirkjan
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M18
Session
creator
dirkjan