People create incentive systems all the time, often without realizing it.
They do so mostly by copying, without thinking about the tradeoffs they are navigating.
Incentive system decisions made badly have wide-ranging consequences, especially for people with less power.
It's not rocket surgery to do a better job of creating incentive systems. Improvement starts with awareness & caring.
It's in everyone's best interest to improve.
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Every business has a unique path to creating value. Every organization has a unique culture. Every individual has a unique set of personal and professional objectives. Every person has a unique set of strengths and weaknesses. The lack of diversity in incentive approach almost guarantees that most businesses and most individuals will not achieve an optimal outcome.
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