Which companies tie incentive directly to strategy execution

Question

Identify the important outcome which each organization continued from implementing a strategy which tied incentives directly to strategy execution.

Answer 1

Nucor and Bank One:

Two companies which tie incentives directly to the strategy implementation:

The Nucor’s management uses an incentive system to endorse high worker productivity and drive work costs per ton below rivals. The Bank One ties its pay scales in each of its branch offices to that branch’s consumer satisfaction ratings – the superior that branch’s satisfaction rating, the superior the pay scale at that branch.