The President of EEC has decided to adopt the balanced scorecard. The balanced scorecard translates an organization’s mission and strategy into operational objectives and performance measures for 4 different perspectives. You received an e-mail from him asking about tying compensation with performance measures. Discuss the following in your response
Discuss the unethical behavior that can result if the wrong performance measures are used to tie performance measures to compensation, discuss how the company can avoid these behaviors and discuss how the company should tie performance measures to compensation.
1,750–2,000 words MUST USE THE BELOW HEADINGS
I. Introductory Paragraph
II. Heading: Unethical Behavior As A Result of Wrong Performance Measures – Discuss the unethical behavior that can result if the wrong performance measures are used to tie performance measures to compensation.
III. Heading: Company Avoidance of Unethical Behaviors – Discuss how the company can avoid the unethical behaviors
IV. Heading: Appropriate Performance Measures Tied to Compensation – Discuss how the company should tie performance measures to compensation.
V. Conclusion
VI. References
