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An Idea A Day by David Thompson

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MANAGING

BE MERITOCRATIC

Jonathan Gifford

IT IS ESSENTIAL to recognize and reward people on the basis of their merit.

Nothing demotivates colleagues more effectively than the belief that other people are being rewarded for reasons that have nothing to do with talent, effort and results.

A true meritocracy also demands that people who produce exceptional results are rewarded more highly than other people and that the brightest and the best are identified as future managers and leaders.

The idea

The first and fundamental aspect of a meritocracy is even-handedness. Walter Wriston, former CEO of Citicorp, describes the motivating force of being ...

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