Verne Harnish is the Founder and CEO of Scaling Up, a global executive education and coaching company with over 180 partners on six continents. Verne chairs the annual ScaleUp Summits and serves on several boards, including Chair of The Riordan Clinic, Co-founder and Chair of Geoversity, and Board Member of the Million Dollar Women community.
Verne is the Founder of the Entrepreneurs' Organization (EO), a peer-to-peer network for entrepreneurs with over 14,000 members worldwide. He is also a keynote speaker and the author of multiple best-sellers, including Mastering the Rockefeller Habits and Scaling Up — which has been translated into 23 languages and won eight major international book awards.
Nowadays, employees are gravitating towards non-traditional compensation plans. But what's the benefit of exploring new incentive methods?
Verne Harnish says that there's a strategic advantage in crafting a cutting-edge compensation plan. You'll stand out from competitors, drive more candidates to your company, and bring your team closer together. However, there are some key techniques to find success in a new compensation method. You shouldn't copy another companies' plan — it should be a distinctive plan that aligns with your organization's culture and customer. Want to learn more about the value of differentiating your compensation plan?
Listen to this episode of the Top Business Leaders Show, where Verne Harnish, Founder and CEO of Scaling Up, is interviewed by Co-hosts John Corcoran, Dr. Jeremy Weisz, Elise Holtzman, Joshua Chin, and Adi Klevit. Verne shares everything business owners need to know about compensation plans, including where to start, important perks to consider, and mistakes leaders make when drafting their compensation methods. You don't want to miss it!
