34 min listen
#105 Why stretch targets are garbage
#105 Why stretch targets are garbage
ratings:
Length:
29 minutes
Released:
Apr 11, 2022
Format:
Podcast episode
Description
Stretch targets are garbage. People set stretch targets in the hope that they will motivate a team to achieve better results than they otherwise would. In most situations, however, they don't work and actually create a set of second-order consequences. This week we talk about 6 reasons why stretch targets don't work, and what you should be doing instead. ----- * Do you love The Growth Whisperers and want to see our smiling faces? Subscribe to our YouTube channel. * Do you enjoy our content? Rate our show! * Follow us on Twitter @Evolution_Perth and @lawrenceandco1 Learn more about building enduring great companies. ----- ----- Links: *https://evolutionpartners.com.au/ *https://lawrenceandco.com/ ----- Additional episodes you might enjoy: # 50 Jim Collins Flywheel Concept: How to build unstoppable momentum in your company # 16 Jim Collins # 84 The 7 common strategy mistakes from Michael Porter # 43 The top 7 best practices for weekly meetings # 69 What is a Topgrading virtual bench and why you need one # 88 The hidden cost of not having a team of all A-Players
Released:
Apr 11, 2022
Format:
Podcast episode
Titles in the series (100)
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