The President of EEC realizes that the balanced scorecard translates an organization’s mission and strategy into operational objectives and performance measures. You received an e-mail from him asking you to include information in your PowerPoint presentation about tying compensation to performance measures. Discuss the following in your presentation:
- Describe unethical behavior that can result if the wrong performance measures are used to tie performance measures to compensation.
- How can EEC avoid these behaviors?
- How should EEC tie performance measures to compensation?
- Who is responsible for establishing the performance measures?