E033_The Unintended Consequences: An Improvement that ends in a Disimprovement
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Join us in this captivating podcast episode as we delve into the intriguing concept of the Cobra effect. Inspired by real-life examples and insightful discussions, we explore the unintended consequences that can arise when well-meaning incentives backfire.
Through thought-provoking stories of perverse incentives, such as the Cobra effect in colonial India and other instances from various industries, we shed light on the importance of considering intention, action, and effect when designing incentive structures.
Throughout the episode, we emphasise the significance of involving stakeholders, anticipating exploitation, and evaluating potential unintended consequences. By doing so, we can avoid the pitfalls of poorly designed incentives and create systems that drive the desired behaviours and outcomes.
Tune in to this enlightening discussion as we navigate the complexities of incentivisation, share valuable insights, and provide practical guidance for designing effective and impactful incentive programs. Take advantage of the opportunity to gain a deeper understanding of the Cobra effect and learn how to avoid its unintended consequences.
Click 👉 www.safetycollaborations.com/e033 for the full show notes and registration link to our free upcoming MasterClass on Psychological Safety with ASBN; use our chatbot and leave your thoughts, questions and comments and discover more about how we may help you.
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