Unlocking Company Success: Designing Economic Value Incentive Plans for Impact.
The article discusses how using Economic Value (EV) as a performance measure in incentive plans can benefit companies. By defining the plan's purpose, determining if EV is suitable, and developing the plan's mechanics, companies can effectively use EV to drive performance and improve workers' understanding of the business. EV measures more than other performance metrics and has the potential to enhance organizational performance when used correctly.