STRATEGIC INCENTIVE MANAGEMENT Flashcards
The following three approaches are tailored to
help match measurements and rewards with
explicit strategic objectives and time frames:
Weighted-factor method:
Long-term evaluation method:
Strategic-funds method:
A method that is
appropriate for measuring and rewarding the
performance of top SBU managers and
group-level executives when performance
factors and their importance vary from one SBU
to another.
Weighted-factor method:
A method in
which managers are compensated for achieving
objectives set over a multiyear period.
Long-term evaluation method:
An evaluation method
that encourages executives to look at
development expenses as being different from
expenses required for current operations.
Strategic-funds method: