Jared Sandberg's WSJ column today, Why Learn and Grow on the Job? It's Easier to Feign Infallibility, reminds me how important the right incentives are in business. Bad behavior unpunished is no different, really, from bad behavior rewarded. Enron wasn't that long ago, you know, and with the ink from the USSC's Stoneridge decision still wet, we're going to see continued bad behavior. We need to develop incentives that work, if we want to stop trying to learn the same lessons over and over again.
(And yes, I read the NYT, too....)
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