10 Individuals who Influence Corporate World

4. David Stein

Co-CEO and Chief Strategist of Rypple

Stein is a noted HCM (Human Capital Management) strategist. The BusinessWeek said that Stein had “game changing management idea”(s). He and his team created Rypple because people hate performance reviews. Employees would rather go for instant and social ways than give reviews. This is how Rypple was born to cater to this dreaded situation of employees. Rypple merges the best qualities of social software with a novel approach to performance management, which empowers managers and their teams to learn quicker and perform better. A few mantras at Rypple are – First - Easy - people want services with minimal features. This should be done with inexpensive training, with quick adoption of new things. Second - Social - know what you already do, how you really work and it should be fun to use. Third - Feedback – imbibe continuous learning, with trust and openness for innovation. These will help gain competitive advantage. Fourth - Innovation – “fail fast, fail hard and fail often,” embrace failure but learn from it and autonomy to experiment.