The Carrot Principle.

Adrian Gostick and Chester Elton


In Circulation

Since its original publication in 2007, the New York Times bestseller The Carrot Principle has received rave reviews in The Wall Street Journal, Fortune, and The New York Times, and has helped a host of managers to energize their teams, and companies to dramatically boost their business results. The book was even adopted by the prestigious FranklinCovey International training and consulting group for its leadership training. This updated edition couldn't come at a better time, as the economic downturn requires us all to come up with creative and cost-effective ways to stimulate growth and productivity.

Revealing the groundbreaking results of one of the most in-depth management studies ever undertaken, The Carrot Principle shows definitively that the central characteristic of the most successful managers is that they provide their employees with frequent and effective recognition. With independent results from HealthStream Research, and analysis by bestselling leadership experts Adrian Gostick and Chester Elton, this breakthrough study of 200,000 people over ten years found dramatically greater business results when managers offered constructive praise and meaningful rewards in ways that powerfully motivated employees to excel. These managers lead with carrots, not sticks, and in doing so achieve higher:

- Productivity

- Engagement

- Retention

In a new chapter, Gostick and Elton report on the results of an extensive study, conducted by leading research authority Towers Perrin, that confirms the extraordinary effectiveness of the Carrot Principle approach all around the globe.

Drawing on case studies from leading companies including Disney, DHL, KPMG, and Pepsi Bottling Group, Gostick and Elton show how the key to recognitiondone rightis combining it with four other core traits of effective leadership. Gostick and Elton walk readers through exactly how to use the simple but powerful methods they have discovered all great managers use to provide their employees with this effective recognition, which can be learned easily and will produce immediate results.

Great recognition can be done in a matter of moments -- and it doesn't take budget-busting amounts of money. Following these simple steps will make you a high-performance leader and take your team to a new level of achievement.

What will you learn from this book

  1. Recognition Drives Performance: The book emphasizes how recognition positively impacts employee performance, motivation, and engagement more than criticism or punishment.

  2. Different "Carrots" for Motivation: It introduces various types of recognition (goal setting, communication, trust, and accountability) as effective motivators for employees.

  3. Frequency Matters: Regular and consistent recognition is crucial. Small, frequent acknowledgments of good work have a more significant impact than sporadic or rare recognition.

  4. Leadership's Role in Recognition: The role of leaders is pivotal in creating a culture of appreciation. When leaders actively recognize and appreciate their employees, it sets the tone for the entire organization.

  5. Measurable Impact: The book presents research-backed evidence showcasing the measurable impact of recognition on key organizational metrics like employee retention, productivity, and profitability.

  6. Personalization is Key: Recognizing individuals in a personalized manner, acknowledging their specific contributions, strengths, and efforts, makes recognition more meaningful.

  7. Inclusivity in Recognition: It emphasizes the importance of inclusive recognition, ensuring that all employees feel appreciated regardless of their role or position within the organization.

  8. Linking Recognition to Organizational Goals: Aligning recognition efforts with the company's goals and values helps reinforce desired behaviors and contributes to achieving overall objectives.

  9. Creating a Recognition Culture: Beyond individual instances, fostering a culture where peer-to-peer recognition is encouraged and celebrated contributes to a positive work environment.

  10. Continuous Improvement: The book encourages leaders to continuously evaluate and improve their recognition strategies, adapting to the changing needs and dynamics of the workplace.

Language English
ISBN-10 1-4165-4417-8
ISBN-13 9781416544173
No of pages 214
Font Size Medium
Book Publisher Free Press
Published Date 02 Jan 2007

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