Team-Based Incentive Rewards: Not Your Usual Office
Read the case study and answer the Question 2, the required information and Case study and questions is in the Power points and Screen shot I provided. Please answer the question by following instructions:
1. You will be expected to support your responses to the questions by providing examples and/or citing areas of scholarly support for your position taken, where applicable.
2. More specifically, each assignment question will be graded according to the following general guidelines, as per the grade sheet appended at the end of this document:
a. How well did the response actually answer the question in a logical, clear and comprehensive manner?
b. How well did the response deal with all aspects of the question?
c. How well did the response link the relevant course material?
d. Did the response demonstrate an appropriate effort/level of analysis?
To what extent did the response demonstrate original thought or new insights to the issue that falls outside the course materials? (Exceptional grades are awarded for this level of effort)?
Team-Based Incentive Rewards: Not Your Usual Office
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Team-Based Incentive Rewards: Not Your Usual Office
Based on the problems identified in the case study, we could make many adjustments to improve the incentive payout in light of the issues raised in the case study, based on the program flaws that have been found. First and foremost, make sure that everyone on the team is held accountable for their performance, and that team members are made aware of team expectations to address the problem of free-riders. Secondly, to address the problem of challenging regions, it could be required to change team assignments so that every team has an equal chance of hitting sales goals (Zoltners et al., 2021). Thirdly, it is critical to establish a healthy team culture that values cooperation and mutual support to combat internal conflict and squabbling. Lastly, it may be worthwhile to try a hybrid strategy that combines individual and team-based incentives to solve the issue of fairness and suit the demands of all salespeople.
Based on the issues raised in the case study, the response offers detailed suggestions for improving the incentive reward scheme. The advice is concise and thorough, and they address the numerous concerns brought up by the sales representatives. However, by providing the suggestions in a bulleted list or numbered manner, the response might have been more ordered and organized.
The response recognized the problems brought up by the ...
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