M18-S3 - Performance Related Rewards
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We started this session discussing the Different models of profit:
M18-S3 - Audio - Performance Related Rewards
This difference is important to understand to be able to design the right performance rewards. Problems in designing performance related rewards are:
- Accounting Myopia, where investments that benefit the company longer term are postponed to generate shorter term accounting profit.
- Controllability of results
- ROI as a performance related reward
We watched this TED talk:
