Services
Performance Based Design
Company short-term, mid-term, and long-term performance drivers should relate to
strategic direction. As direction in the company changes, performance measures
and performance targets may need to be modified.
Key Issues
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We are changing our business strategy. Should we keep the short-term incentive
the same?
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Can we keep the design and modify the performance hurdles?
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What are the appropriate performance hurdles and performance targets?
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If the industry is performing well and we are the bottom performer, what should
we do regarding incentive?
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If the industry is performing poorly and we are the top performer, what
questions do we need to ask or what direction should we take?