Insights on rewarding performance with Allan Schweyer
In November 2020, Allan Schweyer, Senior Human Capital Consultant at the Centre for Human Capital Innovation, joined co-hosts Adam Presslee and Nancy Vanden Bosch for a Performance Management in Practice event. Watch the interview highlights below for Allan's responses to questions about the features of effective reward types and incentive systems posed by the co-hosts on behalf of student participants during the event.
Interview highlights
Why rewards really matter now
Get to know Allan Schweyer and his views on why talent management really matters now and how it influences the value of an organization
Design incentives for outcomes and behaviour
Note the lesson from the story about the unintended consequences of a reward for catching cobras.
Be careful – don’t crowd out intrinsic motivation
Note the lesson about the motivation to build Junkanoo costumes from Allan’s project in the Bahamas.
Gather the right data for people analytics
Note the lessons from Google’s Oxygen project.
Recognize when cash really isn’t king
“People are emotional beings. Cash doesn't do it.”
Recognize that autonomy empowers talent
“Unless you give them some latitude, you're going to suck all that creativity and they're going to quit.”
Final thoughts
Most employees are really good, and we don't need to stifle their motivation, their creativity, their efforts through cumbersome management control systems.
Interested in more insights?
Here are some resources that Allan mentioned during the interview.
- A TedGlobal talk by Klick Health’s CEO Leerom Segal, co-author of The Decoded Company, on “Upgrading Management Technology” [7 minutes]
- A Ted talk by Daniel Pink, author of Drive, on “The Puzzle of Motivation” and a new operating system for business that leverages autonomy, mastery, and purpose [18 minutes]
Acknowledgements
The Performance Management in Practice series is sponsored by the CPA Ontario Centre for Sustainability Reporting and Performance Management [all rights reserved]. Thanks to CPA Ontario for its support and to the students who joined the event for their great questions.