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Worldatwork c8 Exam - Topic 1 Question 100 Discussion

Actual exam question for Worldatwork's c8 exam
Question #: 100
Topic #: 1
[All c8 Questions]

You have been asked to develop a short-term incentive plan that motivates employees in business units to increase productivity. Your team has designed a plan that rewards managers and employees quarterly based on achievement against target on measures that should generate productivity increases that will self-fund the plan. When presenting the plan to senior management, what would be the best strategy to receive approval?

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Suggested Answer: A

Contribute your Thoughts:

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Addressing stakeholder priorities upfront is a smart move!
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Moon
19 days ago
Wait, how can we be sure it’ll actually self-fund?
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Tyra
24 days ago
Totally agree, aligning with the rewards philosophy is key!
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Tamie
29 days ago
I think we need to focus on the details of the plan design first.
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Vallie
1 month ago
Haha, this is like a game of "Guess the CEO's Favorite Option."
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Ellen
1 month ago
Option D, for sure. Anticipate those objections and crush 'em.
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Val
1 month ago
Hmm, I'd go with A. Alignment with the company's strategy is key.
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Marquetta
2 months ago
C is the way to do it. Self-funded, no risk, and potential for big gains? Sign me up!
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Shaunna
2 months ago
Option D seems like the way to go. Gotta address those stakeholder concerns head-on.
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Telma
2 months ago
I studied a case where the plan details were critical, so option B might be important as well. But I wonder if too much detail could overwhelm them.
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Tanesha
2 months ago
I feel like option C could be persuasive too, especially if we can clearly show the self-funding aspect. But what if they still see it as risky?
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Jaime
2 months ago
I remember a practice question where we had to focus on stakeholder priorities, so option D seems like a solid choice. It might help preempt any objections.
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Hollis
3 months ago
The fact that it's self-funded is a huge selling point. I'd definitely emphasize that it won't cost the organization anything, while having the potential for big productivity gains.
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Vivan
3 months ago
I think option A makes sense since aligning with the rewards philosophy is crucial for buy-in, but I'm not entirely sure how to effectively demonstrate that alignment.
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Martin
3 months ago
I think option D is key. Knowing stakeholders helps tailor the pitch.
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Laticia
3 months ago
A self-funded plan sounds great for minimizing risk!
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Howard
3 months ago
Definitely B. Gotta show the details and how it'll work for everyone.
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Eva
4 months ago
Anticipating stakeholder priorities and objections is key. I'd do my research to tailor the presentation and address any concerns they might have upfront.
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Vi
4 months ago
Hmm, I'm a bit confused on the details of the plan design and how it will be administered. I'd want to make sure I have a really clear understanding of that before presenting it.
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Leonida
4 months ago
I think the best approach would be to demonstrate how the plan aligns with the organization's rewards philosophy and strategy. That will show senior management that it's well-thought-out and supports the company's goals.
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