> What is that function with respect to middle management? It's probably easier to create such a function for the CEO and board. For instance some risk weighte

> What is that function with respect to middle management? It's probably easier to create such a function for the CEO and board. For instance some risk weighted present day value of future net earnings, possibly combined with short- medium term stock market value to please stock owners that have a shorter-than-infinite horizon for their ownership. Once that is decided, mid level manager objectives reduces to whatever optimizes the CEO objectives.