Tuesday, May 29, 2018

The 5 Characteristics High Performance Companies Have in Common

Newsletter | May 29, 2018

Small Business Trends Newsletter
5 Characteristics of High Performance Culture

It's no secret that motivation is important to doing good work. "Company culture" has become a popular term among corporate leaders; more and more companies are focusing on creating a culture that fosters motivation in their workforce. This is more than a simple fad: According to the Harvard Business Review (HBR), "Why we work determines how well we work." Motivation is the key to unlocking performance.

n a study conducted on the effects of motivation, groups were given the same task (to find anomalies on medical images), but with different motivating factors. One group was paid more but told their results would be discarded, while the other group was paid less and told they were looking for signs of cancer in patients. The second group consistently outperformed the first. High work performance is more than a factor of pay.

TECHSPO Houston 2018
Jun 06 - Houston, Texas
TECHSPO Houston 2018 is a 2-day technology expo which takes place JUNE 6 – 7, 2018 at the luxurious Houston Marriott Eaton Centre Hotel in Houston, Ontario. TECHSPO Houston brings together developers, brands, marketers, technology providers, designers, innovators and evangelists looking to set the pace in our advanced world of technology. TECHSPO Houston 2018 promises to be better than ever and we're excited to see all the amazing tech companies and talent that will join us. Register today!
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A recent study from the Small Business Administration found that 83 percent of small businesses in the U.S. are not profitable. How do so many small businesses fail to turn a profit? Read the article in the latest issue of Small Business Trends magazine to find out the reason.

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