Compensation As Task-relevant Feedback: Bonus Schemes, Salaries, and Promotions

Abi Tyas Tunggal

This is the fourteenth episode in my series on High Output Management by Andy Grove. In this episode, you'll learn about compensation as task-relevant feedback, designing performance bonus schemes, determining base salaries, deciding on who to promote, and recycling failed promotions.

You can watch the previous episodes here:

• Episode 1: Andy Grove, Intel's early history, and the three core concepts of High Output Management, you’ll also learn about the basics of production, production operations, and how to deal with complications. https://www.youtube.com/watch?v=xnjByFtiN7Q
• Episode2: Introduction to management, indicators, controlling future output, assuring quality, and increasing productivity. https://www.youtube.com/watch?v=losK4XdIW8Y
• Episode 3: Managerial leverage, the five managerial activities, increasing output through leverage, delegation, and time management, the correct number of direct reports, and how to deal with interruptions. https://www.youtube.com/watch?v=23IFp-Khw4A
• Episode 4: Process-oriented versus mission-oriented meetings, how to use meetings to increase leverage, and how much time you should spend in meetings. https://www.youtube.com/watch?v=0K99BC9N5O8
• Episode 5: The ideal decision-making process, the peer group syndrome, and the six questions you need to answer before making a decision. https://www.youtube.com/watch?v=yOF8nEdPCKw
• Episode 6: The three stages of the planning process, the output of the planning process, and management by objectives and key results (OKRs). https://www.youtube.com/watch?v=-KPxkaC4lu0
• Episode 7: The centralization-decentralization dichotomy and mission-oriented, functional, and hybrid organizations. https://www.youtube.com/watch?v=go2HBYwZpYI
• Episode 8: Dual reporting and how to make hybrid organizations work. https://www.youtube.com/watch?v=l9mEO4JlPQY
• Episode 9: https://www.youtube.com/watch?v=-yxRrl7PRJA
• Episode 10: https://www.youtube.com/watch?v=JkHbQGqVORA
• Episode 11: https://www.youtube.com/watch?v=NsK48Scu4ZM
• Episode 12: https://www.youtube.com/watch?v=dAEx8mJv1h0
• Episode 13: https://www.youtube.com/watch?v=vsbvYUhePeM

If you enjoyed this episode, please consider subscribing on:

• YouTube: https://www.youtube.com/channel/UCM7XtcUELeI724Du4I5RSHg
• Spotify: https://open.spotify.com/show/6EXzzRabsg7VTFhoVnb08q
• Apple Podcasts: https://podcasts.apple.com/us/podcast/abi-tyas-tunggal/id1554623414

For a full transcript and additional resources related to this episode, see here: https://tyastunggal.com/p/high-output-management-by-andy-grove

If you'd like to buy a copy of High Output Management by Andy Grove: https://amzn.to/3kBafu9

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