I heard this one whilst listening to a podcast on the return of Michael Dell back to helm of Dell. One of the first things that he did when he resumed control was to cut bonuses. He praised the hardwork of the employees however he reminded everyone of an unfortunate truth in the business (& real) world - at the end of the day you are measured against your results.
So what's my takeaway from this? Well I still believe that there is no substitute for hard work, but that work needs focus and a bit of luck to yield results.
&btw Dell employees, if it's any consolation you're not the only employees of a big American corporation to receive a zero or close to zero bonus.
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