Illustrate team challenges in your explanation Illustrate your discussion to compensation strategy and business strategy. Your discussion must elaborate on the Compensation Strategy theories that you have learned

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
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Please Answer The 3 sub parts and the long step explanasion with the reference.... Thank u... No reject please

Illustrate team challenges in your explanation
Illustrate your discussion to compensation strategy and business strategy.
Your discussion must elaborate on the Compensation Strategy theories that you have
learned
Transcribed Image Text:Illustrate team challenges in your explanation Illustrate your discussion to compensation strategy and business strategy. Your discussion must elaborate on the Compensation Strategy theories that you have learned
GETTING FREE RIDERS OF THE RAIN
Working in teams can be a great experience when the camaraderie is high, team members are
capable and motivated, and everyone pulls their share of the work load. Teams can be a
powerful source of creativity, productivity, and innovation in organizations.
Operating in teams can also be a terrible experience when some members don't give it their all
and let others carry the burden. Free riding or social loafing, is a common problem in work
teams.
Since team results are often used to determine rewards for each member, negative feelings
can occur when some members of the team don't contribute at the same level as others but
still receive the team incentive award. High performers are the members most likely to quit in
frustration, so managers can't ignore this toxic force on work teams.
Keeping all members focused and working toward team goals and incentive rewards means
that managers have to engage each and every member and not allow free riders to sit idly by
while everyone else performs well. Team dynamics will improve and the team will function
more effectively if free riders get off the train.
Transcribed Image Text:GETTING FREE RIDERS OF THE RAIN Working in teams can be a great experience when the camaraderie is high, team members are capable and motivated, and everyone pulls their share of the work load. Teams can be a powerful source of creativity, productivity, and innovation in organizations. Operating in teams can also be a terrible experience when some members don't give it their all and let others carry the burden. Free riding or social loafing, is a common problem in work teams. Since team results are often used to determine rewards for each member, negative feelings can occur when some members of the team don't contribute at the same level as others but still receive the team incentive award. High performers are the members most likely to quit in frustration, so managers can't ignore this toxic force on work teams. Keeping all members focused and working toward team goals and incentive rewards means that managers have to engage each and every member and not allow free riders to sit idly by while everyone else performs well. Team dynamics will improve and the team will function more effectively if free riders get off the train.
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