The right response is option (d), which refers to a system of rewards and incentives that is closely linked to the accomplishment of the organization's strategic aims.
Setting specific, manageable tasks to put the company's strategy into practice helps to instill discipline in personnel, which is a prerequisite for effective and successful strategy execution. A strategy must be developed through an executable strategic plan in order to attain strategic goals.
A cross-functional approach and the correct mix of people are required for a plan to be effective. Your board or leadership, finances, HR, operations, sales, marketing, etc. can all be cited as examples. It's critical to look at any potential biases that might have affected your choice of colleagues.
Group-based incentive programs measure team performance, with individual rewards given based on that performance. Although these systems promote individual efforts toward shared business objectives, they also have a tendency to reward underperforming employees in addition to average and above average workers.
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