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As always, incentives must be intelligently made. I worked for a branch where the manager's bonus was tied to gross sales. So what did he do? Prioritize a prod
by IAmBroom 11mo ago
As always, incentives must be intelligently made.
I worked for a branch where the manager's bonus was tied to gross sales. So what did he do? Prioritize a product line that sold well, with low (actually negative!) profit margins.
He didn't sail blindly into icebergs; he targeted them like our factory was his personal pinball.
In this case, CEO compensation should have carefully nuanced incentives, not simply quarterly increments in stock price.