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    A Joosr Guide to... The Carrot Principle by Adrian Gostick and Chester Elton: How the Best Managers Use Recognition to Engage Their People, Retain Talent, and Accelerate Performance
    A Joosr Guide to... The Carrot Principle by Adrian Gostick and Chester Elton: How the Best Managers Use Recognition to Engage Their People, Retain Talent, and Accelerate Performance
    A Joosr Guide to... The Carrot Principle by Adrian Gostick and Chester Elton: How the Best Managers Use Recognition to Engage Their People, Retain Talent, and Accelerate Performance
    Ebook26 pages48 minutes

    A Joosr Guide to... The Carrot Principle by Adrian Gostick and Chester Elton: How the Best Managers Use Recognition to Engage Their People, Retain Talent, and Accelerate Performance

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    About this ebook

    In today's fast-paced world, it's tough to find the time to read. But with Joosr guides, you can get the key insights from bestselling non-fiction titles in less than 20 minutes. Whether you want to gain knowledge on the go or find the books you'll love, Joosr's brief and accessible eBook summaries fit into your life. Find out more at joosr.com.

    In a struggling economy where countries are losing millions of dollars each year in turnover, more than ever it is essential to have a workforce that is engaged, hardworking, and trustworthy. But what many great business leaders don't realize is that the most effective way to do this is simply through recognition and praise.

    In The Carrot Principle,you will learn how to implement an effective and productive recognition system so that each and every one of your staff members feels appreciated and engaged. Understand where you need to improve, and what you can do to sincerely show your appreciation to your employees, so that you can become an effective leader who takes their team to the highest level of achievement.

    You will learn:

    ·What it takes to be a great leader

    ·The different types of recognition and when to give them

    ·The effects and benefits of offering documented and constructive praise.

    LanguageEnglish
    PublisherJoosr
    Release dateNov 14, 2016
    ISBN9781785675225
    A Joosr Guide to... The Carrot Principle by Adrian Gostick and Chester Elton: How the Best Managers Use Recognition to Engage Their People, Retain Talent, and Accelerate Performance

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      Book preview

      A Joosr Guide to... The Carrot Principle by Adrian Gostick and Chester Elton - Joosr

      takeaways

      What’s it about?

      Unhappy staff costs the economy dearly: in fact, corporate turnover drains an estimated $5 trillion from the US economy annually. Add this to the global economic meltdown and the shortage of skilled, talented workers, and the loss to the economy is even more severe. More than ever, it is essential to hold on to our solid and outstanding performers, and motivate them to work to the best of their abilities in line with the company principles.

      So how exactly do you engage and motivate your staff to go that extra mile? Well, one thing’s for certain, it doesn’t just involve throwing another pay raise at them, or putting up a motivational poster in the office. Instead—and extensive research has demonstrated this time and again—the central characteristic of most successful managers is that they provide their employees with frequent and effective recognition.

      Managers who give out constructive praise and meaningful rewards statistically and consistently prove that these increase productivity, engagement, and employee retention. So it’s surprising just how many managers forget the effectiveness of this essential practice: statistics show that 79 percent of employees who quit their job blame a lack of appreciation as a key reason for leaving.

      An extensive ten-year study outlined in The Carrot Principle shows

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