A key driver in designing effective executive incentive plans is “Business IQ.” Business IQ utilizes knowledge of a company’s competitive business model with its value driver tree to create a successful compensation plan.
In this video, Yvonne Chen, Pearl Meyer Managing Director, discusses the three most important steps Compensation Committees should take to ensure that they integrate Business IQ when developing incentive plan design with Christopher Y. Clark, publisher of NACD Directorship Magazine.