Incentives for Innovation and Navigation with guest Roger L. Martin
In February 2015, Roger L. Martin joined as a guest to talk about innovation, incentive, and inspiration that drives creative solutions to complexity. In 2017, Roger was named the world’s #1 management thinker by Thinkers50, a biannual ranking of the most influential global business thinkers.
This episode quickly cemented itself as one of our most listened-to episode in the eight years that we have been producing this show. Roger effortlessly demonstrates the kind of approach to change that has become foundational to our work at Teibel Ed. We’re not solving problems, we’re navigating accelerating change and uncertainty. Just wait to hear Roger’s approach to faculty pay as Dean of the Rotman School at University of Toronto and enrolling his best educators to help him solve a seemingly intractable recruiting challenge.
“In tasks of the mind, monetary incentives don’t improve performance.” So says today’s guest Roger L. Martin, and in doing so he provides the foundation for our conversation on the role of incentives in delivering powerful creative solutions to our institutions’ most challenging problems.
Much of the work we do in facing the new normal in higher ed involves financial objectives. Shared services? Tenure? Consolidation? Program expansions or cuts? Whether you’re in senior administration, staff, or academics, you’re likely addressing these challenges (and more) through the lens of a financial goal.
Professor Martin’s latest work in Harvard Business Review, “The Rise — and Likely Fall — of the Talent Economy,” lays out the case for the disconnect of high salaries to performance in knowledge work. But can the same case be made for the impact of significant financial goals on cultivating our best creative solutions from our teams?
From Howard Teibel’s work with institutions in administrative and academic reviews, and Professor Martin’s work as an academic and business leader, comes a conversation that addresses the competencies of our teams, and inspiring our best players to do their best work in the face of great challenge before them.
Exploring the complex waters of Higher Education.
Each week, Howard Teibel and guests dissect issues facing institutions and teams in transition and offer solutions for the most troubling process challenges.