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Defining and awarding incentives

Defining and awarding incentives: Creating a Culture of Strategy Execution
Defining and awarding incentives: Creating a Culture of Strategy Execution

People do what they get paid to do. If your incentives aren't aligned with the goals and strategic outcomes you desire, you won't get the results you seek. After you've defined initiatives, priorities, and goals, link individual and team incentives to successful completion of those activities. This may require changing compensation plans or offering bonuses contingent upon execution of strategic objectives.

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Skill Level Advanced
47m 42s
Duration
20,128
Views
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Skills covered in this course
Business Communication Leadership

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