[Get Solution] Organizational Objectives

203M3-3: Explain how companies link compensation and evaluation to organizational objectives. GEL-1.02: Demonstrate college-level communication through the composition of original materials in Standard English. Introduction: A company’s mission, vision, and values must be aligned with the company strategy. Then each of the functional areas of the company have their own strategies that align with the overall company strategy. In this Assessment you will explain how a company can link their compensation and performance evaluations to the organization’s innovation objectives. Read the case study below and respond to all the checklist items. Scenario: Mindful Toys is a toy maker that has as its mission, “Our purpose is to expand the minds of children 1 month–100 years old.” Currently they use a product development strategy but believe that maybe they need to orient their company towards an innovative strategy. Their current objectives are to: ? Invent 10 new toys every year and reinvent at least 10 more. ? Increase revenues by 15% per year. ? Employ motivated and committed workers. ? Provide safe and intellect-expanding toys for everyone. Mindful Toys has operated as a medium-sized company for about 20 years. Their compensation to date has been based on longevity at the company. Employees’ evaluations were performed by their managers after reviewing their results based on their influence on: (1) increased department product output (75%), and (2) increased department sales (25%) at the end of the year. With the increasingly mechanized and digitized toys, and now robotics involved in toy making, many employees have been let go or offered early retirement due to their obsolescence. The new objectives in line with the new innovation strategy include: ? Enhance attributes and convenience in at least 20 existing products. ? Launch at least 15 new products that appeal to new customers and new markets. ? Develop 5 new markets. ? Hire personnel that think innovatively. ? Hire diverse support personnel and designers who are customer service oriented to support new products and markets. The 200 remaining employees are beginning to worry, and feel their compensation and evaluation process needs an overhaul. Checklist: ? Explain the process by which a company would link individual employee performance to addressing the company objectives. ? Explain how Mindful Toys can link their compensation and evaluations to the company’s new objectives and innovation strategy. ? What methods of performance evaluation might they use? ? Explain your reasoning for using the method of evaluation you chose. Access the MT203M3 Competency Assessment rubric. Disclaimer: The organization and characters depicted in this exercise are fictional. Any resemblance to real organizations or individuals is purely coincidental. Minimum Submission Requirements Address all the checklist items in a thorough manner. Provide your minimum 2-page (i.e., 500-word) expository essay in APA format and citation style with additional title and references pages. Make sure your paper is logical and insightful using correct Standard English spelling and grammar. Ensure there is an introductory paragraph, each paragraph has a minimum of 3–4 sentences, and a closing paragraph is provided. If work submitted for this competency assessment does not meet the minimum submission requirements, it will be returned without being scored.

Don't use plagiarized sources. Get Your Custom Essay on
[Get Solution] Organizational Objectives
Get a 15% discount on this Paper
Order Essay
Quality Guaranteed

With us, you are either satisfied 100% or you get your money back-No monkey business

Check Prices
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know that being a student these days is hard. Because of this, our prices are some of the lowest on the market.

Instead, we offer perks, discounts, and free services to enhance your experience.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with My Paper Support
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Nursing
Thanks
Customer 452521, May 13th, 2021
Marketing
Yes and thank you
Customer 452701, October 25th, 2022
Wellness
The skilled writer did a GREAT job!! Amazing .Thank you!
Customer 452547, June 16th, 2021
Other
GOOD
Customer 452813, July 5th, 2022
Application Letters
Well written essay, will definitely use this service in the future.
Customer 452773, April 14th, 2022
Nursing
Thank you to the writer and also thank you to the support team I got an A for the paper
Customer 452635, June 17th, 2022
Nursing
Thank you for helping with my assignment.
Customer 452707, July 8th, 2022
Web programming
outstanding!
Customer 452715, September 16th, 2022
Nursing
Great work. thank you again!
Customer 452707, August 7th, 2022
Nursing
Excellent PowerPoint! Thank you!
Customer 452707, June 29th, 2022
Database design and optimization
thanks for busting this out so expeditiously. I hope that I get a good grade.
Customer 452715, February 19th, 2022
Wellness
The skilled writer did a GREAT job on assignment. There are a few details I will add, but overall very happy with their work. Thank you
Customer 452547, June 13th, 2021
Enjoy affordable prices and lifetime discounts
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Order Now Order in Chat

SAVE BIG FOR FINALS. Order your essay today and save 20% with the discount code SPECIAL20