Leonard, the manager of a manufacturing firm, wants the organization to perform better. He expects his employees to think more like owners, taking a broad view of what they need to do in order to make the organization more effective. In this case, Leonard should
A) pay his employees per piece that is manufactured.
B) create a balanced scorecard.
C) reorganize the departments in the organization.
D) implement a profit-sharing incentive plan.
E) hire new employees and pay them above the market rate.

Question

Quizplus · Accepted Answer

By implementing a profit-sharing incentive plan, Leonard can motivate his employees to think like owners and work towards making the organization more effective. This plan would encourage employees to take a broad view of their work and consider how it affects the overall profitability of the organization. It would also create a sense of ownership and accountability, as employees would directly benefit from the organization's success.

Leonard, the Manager of a Manufacturing Firm, Wants the Organization