One multinational company built greater agility into its incentive system by keeping some investment funds in reserve until the middle of the year, then releasing them for successful initiatives requiring more resources in order to grow. In return for the funding, initiative leaders had to agree to raise their performance targets.
Authors: Kyle Hawke, Matthew Maloney, Mita Sen, Ronald Falcon
Source: Build a reinvestment machine with zero-based budgeting
Original Publication: The McKinsey Quarterly
Subject: Management
Source: Build a reinvestment machine with zero-based budgeting
Original Publication: The McKinsey Quarterly
Subject: Management
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