Describe its rewards system

Assignment Help Operation Management

Reference no: EM131231172

Please choose an organization with which you do business or are familiar, or a hypothetical one that you can imagine well enough to describe its rewards system. Briefly describe and critique your organization’s reward system, as to how innovators of best practices are rewarded in your organization and how the rewards relate to the revenue generated or cost saved by the best practice over time. If they don’t relate, why not? How could the system be improved so as not to exploit the innovators of best practices? [The term “exploitation” has been rigorously defined by the management scientist Russell Ackoff. Informally and roughly, it can be viewed as an imbalance of value in an exchange or series of exchanges.]

Reference no: EM131231172

Questions Cloud

Demand forecasting for effective supply chain management : Why is demand forecasting important for effective supply chain management? What are the key features of CPFR? Why would a company consider adopting CPFR? West Marine identified the ten performance improvement steps in their successful implementation ..

Discuss roles of main components of criminal justice system : Choose the component you think is the most effective and discuss why. Then, choose the component you feel is the least effective and needs to be changed. Discuss the specific changes you would make to the chosen component and why these changes wou..

Hinder new strategy improvement execution : Describe non-favourable cultures that might hinder new strategy improvement execution. Why favourable strong corporate culture could assist new strategy implementation process? Explain strategic approaches a company can take when expanding into unrel..

Relationship between risk management and quality management : What is the relationship between risk management and quality management of a project? Why is it important to have both risk and quality management in place? What happens to a project's success if you focus too much on one and not enough on the other?..

Describe its rewards system : Please choose an organization with which you do business or are familiar, or a hypothetical one that you can imagine well enough to describe its rewards system. How could the system be improved so as not to exploit the innovators of best practices?

What are essential qualities you would look for in candidate : Let's say you are the Chief of your local police department. What are the essential qualities you would look for in candidates for police officer positions? What process(es) would you use to determine if a particular candidate had those qualitie..

Estimate levelized cost for a central receiver solar power : Assume that the receiver is of external design and that heat rejection in the condenser is with a wet cooling tower configuration. Comment on the availability of cooling water and state all of your assumptions.

Moving and weighted moving average forecasts : Moving and weighted moving average forecasts:

Estimate the expected capital costs of the generation : Estimate the expected capital costs of the generation facility in dollars/kW capacity and the minimum cost of electricity per kWh generated by the addition, if they are operated at full capacity for 6 h/day and have a lifetime of 30 years.

User Account

All Pages