Gamed: Why Performance Targets and Incentives Fail and How to Fix Them

Overview

Target setting can drive breathtaking positive results, the moonlandings, the eradication of smallpox or the repair of the ozone layer, for example.

They can also have a dark side that can put executives in jail, bring global businesses to their knees and even cause wholesale loss of life.

Using practical examples and case studies, this course walks you through the steps you need to follow to design robust, effective and credible targets for your organization.

Highlights

• 10-step ROKET-DS system, a simple structured method for designing meaningful targets and incentives which will help you ...
• Create targets and objectives that align with your strategy
• Build engagement with your target owners
• Test your targets and incentives rigorously for unexpected outcomes and dangerous loopholes

Prerequisites

None

Designed For

Business professionals who:

Are tasked with creating new, effective, performance targets and incentives
Those who need to fix existing, problematic, performance targets and incentive schemes
Want a structured and practical design framework

Objectives

• Be familiar with the 33 common forms of target and incentive failure and their causes
• Understand the 10 steps of the ROKET- DS design system
• Have had the chance to apply the method to a case study in interactive workshop exercises
• Feel confident applying the ROKET-DS method to their, or their client's, businesses

Preparation

None