May Encourage Deception: Employees may look for ways to make their performance appear to be good when it isn’t.
Misaligned Incentives: poorly conceived ones may incentivize risky and irresponsible behavior that undermines the mission of the company.
Can Lead to Conflict: iI competitive workplaces with limited rewards, employees may engage in bad behavior to get ahead or become convinced that pursuing incentives is a zero-sum proposition and become resentful.
I wrote a book on using OKRs called Radical Focus: Achieving Your Most Important Goals with Objectives and Key Results Get it on Amazon or Gumroad As well, I run OKR workshops to get you started if you want to adopt this powerful technique. Contact me.
7 min read Opinions expressed by Entrepreneur contributors are their own. In any company, no matter how large or small, time is money. Mastering the art of getting things done (a.k.a., productivity) thus proves very important to creating and maintaining success.
Creating motivation and making your team feel appreciated is a critical part of long-term productivity.
Encourage your team to keep gratitude journals - writing down a couple of sentences about what you are currently grateful for a couple of times a week. This practice improves productivity by increasing happiness.