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Woolworths finally gets incentives right

2015-04-28 08:18:46| Grocery - Topix.net

Now Woolworths finds itself in the odd position of returning to a strategy it pioneered in order to better compete with a company that copied it. Psychologists call it self-serving bias, in this case expressed in the tendency for managers to take credit for the good stuff that happens under their watch but blame their replacement for any subsequent poor performance.

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