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CIPS L5M15 Exam - Topic 1 Question 13 Discussion

Which of the following incentives encourages innovation?
A) Gainshare
B) Pain share
C) Bonus payments
D) Service credits

CIPS L5M15 Exam - Topic 1 Question 13 Discussion

Actual exam question for CIPS's L5M15 exam
Question #: 13
Topic #: 1
[All L5M15 Questions]

Which of the following incentives encourages innovation?

Show Suggested Answer Hide Answer
Suggested Answer: A

Gainshare mechanisms reward suppliers for achieving cost savings, process improvements, or innovation that benefits both parties. By sharing the gains, suppliers are motivated to propose creative solutions.


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Chau
4 days ago
Exactly! It could create fear, not innovation.
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Josphine
9 days ago
Pain share? Not sure it encourages anything positive.
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Reed
14 days ago
True, but they don't directly reward creativity.
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Alita
19 days ago
D) Service credits might encourage innovation in services.
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Tayna
25 days ago
But isn't it short-term? Gainshare builds long-term success.
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Alethea
30 days ago
C) Bonus payments could work too. They reward individual effort.
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Kristel
1 month ago
I agree! Gainshare aligns everyone's goals.
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Chau
1 month ago
I think A) Gainshare is the best option. It motivates teamwork.
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Melda
2 months ago
Wait, service credits? How does that even work for innovation?
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Christoper
2 months ago
Totally agree, bonus payments are the way to go!
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Elliot
2 months ago
Pain share? Not sure how that encourages anything...
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Johnathon
2 months ago
Gainshare is definitely a strong motivator too.
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Georgeanna
2 months ago
I think bonus payments really drive innovation!
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Shelba
2 months ago
I feel like service credits are more about customer satisfaction than innovation, but I could be mixing it up with another concept.
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Evangelina
4 months ago
Pain share sounds familiar, but I can't recall if it actually promotes innovation or just mitigates losses.
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Brett
4 months ago
I remember practicing a question about incentives, and I think bonus payments were often linked to individual performance, which could drive innovation too.
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Ryan
4 months ago
I think gainshare might encourage innovation since it rewards collective success, but I'm not entirely sure how it compares to bonus payments.
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