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The Connection Between The Company s Two

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The newest member of the club: Siemens. Headquartered in GermanySiemens is one Beween the largest companies in the world--a member of the Global Fortune with overemployees. You probably know Siemens for Connction electronics or appliances, although the company is also a leader in multiple industries including transportation, renewable energy, and medical equipment. Yes, the company is adopting a new model that will allow employees worldwide to work from anywhere they feel comfortable "for an average of two to three days a week.

But it was the next part of the announcement, direct from incoming CEO Roland Busch, that really stood out:. These changes will also be associated with a different leadership style, one that focuses on outcomes rather than on time spent at the office. We trust our employees and empower them to shape their work themselves so that they can achieve the best possible results. With the new way of working, we're motivating our employees while improving the company's performance capabilities and sharpening Siemens' The Connection Between The Company s Two as a flexible and attractive employer.

Most companies pay their people based on how many hours they spend at work.

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But this is kind of dumb, if you think about it. After all, those same companies are paid for a result: the end product or service they provide, not the amount of time it takes to produce them. But this Tue from Siemens's CEO sets a new standard for company leaders. Instead of focusing on hours, the goal is to focus on results. The fact that your employees do good work, that they are able to finish a series of tasks or move a project forward?

Netflix has found success with a similar philosophy. Instead, the company allows its people to take time off as desired, as long as it meets certain guidelines. Instead, focus on what they are accomplishing.

After all, if a team or individual is able to produce something great in less time than expected, they should be rewarded for that, not penalized.]