News >> The Carrot Principle
Miami, Florida, November 19, 2007—BusinessSummaries.com, one of the leading e-commerce sites for business book summaries, today releases the abridged version of one of the business bestsellers, “The Carrot Principle: How the Best Managers Use Recognition to Engage Their People, Retain Talent,and Accelerate Performance” by Adrian Gostick and Chester Elton. This executive book summary is now accessible to subscribers in PDF, PDA, Powerpoint, audio, video and mindmap formats.
The Carrot Principle unveils the groundbreaking results of one of the most in-depth management studies ever undertaken. This study, involving 200,000 people over a ten-year monitoring period, shows that the central characteristic of the most successful managers is that they provide their employees with frequent and effective recognition. Dramatically greater business results were obtained when managers offered constructive praise and meaningful rewards in ways that motivated employees to excel.
In this book, authors Gostick and Elton show how the power of purpose-based recognition produces astonishing increases in operating results, however those are measured. Recognition in this sense, however, is recognition done right –combined with four other core traits of effective leadership.
Further, they show how great managers lead with carrots – incentives – and not sticks, and in doing so achieve higher productivity, engagement, retention and customer satisfaction.
With the succinct and easy-to-read book summary of “The Carrot Principle” by Adrian Gostick and Chester Elton busy executives can now learn new ideas and business strategies in minutes through its different summary formats.
Every week, subscribers enjoy business book summaries of today’s business bestsellers in PDF, PDA, Powerpoint, audio, video and mindmap formats. The latest versions of the book summaries are all available online upon subscription to BusinessSummaries.com.
Visit the BusinessSummaries.com website at: http://www.bizsum.com. For additional information, call 1-305-433-8579.
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