Question

General Electric has an up-or-out policy, where key personnel in underperforming units are pressured to boost performance to acceptable levels and keep it there or risk being replaced. What is this an example of? A. Staffing the organization with managers and employees capable of executing the strategy well

Answer 1

Answer:Tying rewards and incentives directly to the achievement of strategic and financial targets

Explanation: This approach is mainly implemented in organizations that compensate employees through performance,this type of rewards or Incentive are aimed at recognising excellent works done. This approach will help to keep employees motivated as they know that the efforts they put on the job will be effectively rewarded. General Electric (GE) has been in the forefront of this type of reward system since its inception. This up-or-out policy ensures that all underperforming units are pressured to boost their performance or be out of the organization.