Neothink® Secrets Batch 15
The Performance Pay Mini Companies
Step 5
Integrate not only each job with making money, but also each person
Put each person with their area of purpose on performance pay
They are now personally integrated and motivated with the net profit
To build profits they are integrated into self guidance
Essence Driven
The essence of business, to build values and profits, gets driven forward
Each area of purpose generates revenue, a piece of money making essence
Every person in the company focuses on performance
Effect of the Division of Essence
Fundamental integration is to measure costs and efforts against net profits
Even the physical follow through jobs can go on performance pay
Follow Through Jobs
Carefully designed to send a person into maximizing their potential
Change from a mechanical job into a widely integrated entrepreneurial job
Performance Pay =
Achieves excellent control, greater efficiency, increased capacity to expand
Expert numbers evaluation, marketing analysis, increased value to company
Performance Pay Specifics
Well designed performance pay will increase revenue
Integrated with all the disciplines of making money
Based on net income after all costs are taken out
The Neothink® World Summit
Use the mini day – power thinking team to begin your start up company
Keep and understand all the mentally integrating responsibilities
Every area of purpose can be put on performance pay
A Powerful New Concept: The Mini Company
Each area of purpose on performance pay is a mini company
Operated just like an independent company within your company
Performance Pay Tip
Setting up effective performance pay requires experience
Start slowly with bonuses based on net profits
It is easier to add to performance pay than to take it away
Evolve the mini company into full performance pay