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In teamwork settings, providing effective leadership can be challenging for team leaders due to multitasking and the …, which can ultimately impede the productivity of the team. To address this problem, we conduct a field experiment at a … manufacturing firm, introducing a relative subjective performance evaluation of team leaders' leadership activities by their …
Persistent link: https://www.econbiz.de/10014278019
When designing incentives for a manager, the trade-off between insurance and a "good" allocation of effort across various tasks is often identified with a trade-off between the responsiveness (sensitivity, precision, signal-noise ratio) of the performance measure and its similarity (congruity,...
Persistent link: https://www.econbiz.de/10003323166
Incentives often fail in inducing economic agents to engage in a desirable activity; implementability is restricted. What restricts implementability? When does re-organization help to overcome this restriction? This paper shows that any restriction of implementability is caused by an...
Persistent link: https://www.econbiz.de/10009303451
We propose experiments in virtual reality (VR) as a new approach to examining behavior in an economic context, e.g., heterogeneity in dynamic tournaments. We simulate a realistic working situation in a highly immersive environment. Implementing a tournament in VR, we are able to mitigate the...
Persistent link: https://www.econbiz.de/10011946765
show that general manager pay decreases as functional managers join the executive team suggesting a shift in activities … number of managers reporting directly to the CEO doubled, the growth was driven primarily by functional managers rather than … general managers. Using panel data on senior management positions, we explore the relationship between changes in executive …
Persistent link: https://www.econbiz.de/10009548652
We study the effect on coordination in a minimum-effort game of a leader's gender depending on whether the leader is democratically elected or is randomly-selected. Leaders use non-binding messages to try to convince followers to coordinate on the Pareto-efficient equilibrium. We find that teams...
Persistent link: https://www.econbiz.de/10011607378
competitive high-technology sectors (Formula 1 competition) in which each organization's performance can be measured objectively …. We show that the most successful team leaders in F1 motor racing are more likely to have started their careers as drivers … and mechanics compared with leaders who were principally managers or engineers with degrees. There is a notable …
Persistent link: https://www.econbiz.de/10009568597
basis of individual performance and the other graded on the basis of the team performance. We find that students assigned to … socially connected teams perform significantly better than control students in both the team part and the individual part of …
Persistent link: https://www.econbiz.de/10011543736
(SOPs) and Team Incentive Plans (TIPs). In do doing, we assemble important new panel data by merging data from a survey of … complements in their productivity effects. -- profit sharing ; employee stock ownership ; team incentive ; stock option …
Persistent link: https://www.econbiz.de/10008796746
. The resulting team structure included several offices (subteams) within the same team, defined by the remuneration scheme …. In this paper we analyse the strategic interactions across subteams created by a two-level team structure, in order to … assess whether rewarding collective performance necessarily promotes cooperation. We show that such team structure creates …
Persistent link: https://www.econbiz.de/10009570154