MMC, a leading Mongolian miner of coal, is struggling due to low profits, a high debt burden and is both intrinsically and extrinsically motivated to maximise production volumes. Its success in growing production and profits will impact the development trajectory of the entire Mongolian nation.
Incentive structure
Nucor Revolutionizes the Steel Industry
Nucor Steel disrupted and overhauled the steel industry with innovative technology, forever changing how steel is manufactured around the world. In doing so, it built a culture that proved the potential of well-executed pay-for-performance systems.
Quirky: Crowdsourcing Innovation
Quirky tried to crowdsource innovation, but fell victim to 2 fatal flaws #busmodel #opsmodel #failcity
Iora Health: Getting People to Pay for Prevention
Iora Health uses a unique operating model to improve health outcomes in primary care.
Enron: Failure of Epic Proportions
Enron’s innovative trading platform ended in fraud and bankruptcy due to fundamental flaws in their operating model