Many companies design incentive plans based on industry norms without fully considering the behaviors they encourage, or whether those behaviors align with business goals. In this session, we’ll examine common incentive practices that unintentionally drive undesired behaviors and introduce a practical framework for identifying and motivating the most valuable actions. Key trade-offs will be explored, such as teamwork versus individual performance, innovation versus efficiency, long-term versus short-term focus and financial outcomes versus broader stakeholder benefits. To keep it practical, we’ll discuss specific metrics, target-setting approaches and key elements of incentive structures. The session will be interactive, encouraging Q&A throughout. Join us to ensure your incentive plans inspire the behaviors that drive meaningful success!

Key Takeaways

• Recognize how common incentive practices can misalign with business goals and drive undesired behaviors.
• Develop a framework for that align behaviors with organizational success.
• Gain insights on specific metrics, target-setting approaches and other practical incentive structure elements.