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Book chapter
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Reference no. 1621BC
Chapter from: "The Strategy-Focused Organization: How Balanced Scorecard Companies Thrive in the New Business Environment"
Published by: Harvard Business Publishing
Published in: 2006
Length: 21 pages
Topics: Compensation

Abstract

The final linkage from high-level strategy to day-to-day actions occurs when companies link individuals' incentive and reward programs to the balanced scorecard. Focuses on several approaches to linking incentive compensation to balanced scorecards, encouraging employee understanding and acceptance of organizational strategy. This chapter is excerpted from ‘The Strategy-Focused Organization: How Balanced Scorecard Companies Thrive in the New Business Environment'.

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Abstract

The final linkage from high-level strategy to day-to-day actions occurs when companies link individuals' incentive and reward programs to the balanced scorecard. Focuses on several approaches to linking incentive compensation to balanced scorecards, encouraging employee understanding and acceptance of organizational strategy. This chapter is excerpted from ‘The Strategy-Focused Organization: How Balanced Scorecard Companies Thrive in the New Business Environment'.

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