Discuss Worldatwork C8 Exam Topic 1 Question 100

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?

ADemonstrate how it is aligned to the rewards philosophy, principles and organizational business strategy

BProvide details on the plan design and measures and how they will be administered to employees at different levels

CMake the case that a self-funded plan poses no risk to the organization while creating the potential for significant gains

DIdentify in advance the priorities of the various stakeholders and design your presentation to address any objections or perceptions they may have

Suggested Answer: A

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30 comments · newest first

Albert 7 months ago

But if we don’t address objections first, we might lose them. Option D!

Ming 7 months ago

I like option C. Self-funding shows we’re smart with money.

Aja 7 months ago

I feel option B is important for clarity. Details matter for buy-in.

Bette 7 months ago

Option A is crucial. Aligning with company strategy is a must.

Roselle 7 months ago

I agree, but option C sounds strong too. No risk is appealing!

Fernanda 8 months ago

Addressing stakeholder priorities upfront is a smart move!

Moon 8 months ago

Wait, how can we be sure it’ll actually self-fund?

Tyra 8 months ago

Totally agree, aligning with the rewards philosophy is key!

Tamie 9 months ago

I think we need to focus on the details of the plan design first.

Vallie 9 months ago

Haha, this is like a game of "Guess the CEO's Favorite Option."

Ellen 9 months ago

Option D, for sure. Anticipate those objections and crush 'em.

Val 9 months ago

Hmm, I'd go with A. Alignment with the company's strategy is key.

Marquetta 9 months ago

C is the way to do it. Self-funded, no risk, and potential for big gains? Sign me up!

Shaunna 9 months ago

Option D seems like the way to go. Gotta address those stakeholder concerns head-on.

Telma 10 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.

Tanesha 10 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?

Jaime 10 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.

Hollis 10 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.

Vivan 10 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.

Martin 10 months ago

I think option D is key. Knowing stakeholders helps tailor the pitch.

Laticia 11 months ago

A self-funded plan sounds great for minimizing risk!

Howard 11 months ago

Definitely B. Gotta show the details and how it'll work for everyone.

Eva 11 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.

Vi 11 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.

Leonida 11 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.

Sharee 6 months ago

↳ replying to Leonida

Don't forget to address stakeholder priorities too!

Tracey 6 months ago

↳ replying to Leonida

True, that could ease concerns about risks.

Elouise 6 months ago

↳ replying to Leonida

But we also need to highlight the self-funding aspect.

Hailey 6 months ago

↳ replying to Leonida

Yes, it shows we’re on the same page as management.

Carlton 7 months ago

↳ replying to Leonida

I agree, aligning with the rewards philosophy is crucial.

Worldatwork c8 Exam - Topic 1 Question 100 Discussion