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Chapter 2 Strategy: The Totality of Decisions

Exhibit 2.1: Three Compensation Strategies

Strategic Choices ,[object Object],[object Object],[object Object],[object Object],[object Object]

Support Business Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],Five Strategic Guidelines for Compensation Choices

The Pay Model Guides Strategic Pay Decisions ,[object Object],[object Object]

Exhibit 2.5: Key Steps In Formulating a Total Compensation Strategy

Step 1: Assess Total Compensation Implications ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Step 1: Assess Total Compensation Implications (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Step 1: Assess Total Compensation Implications (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Step 2: Map a Total Compensation Strategy ,[object Object],[object Object],[object Object],[object Object]

Exhibit 2.8: Contrasting Maps Of Microsoft And SAS

Steps 3 and 4: Implement and Reassess ,[object Object],[object Object],[object Object],[object Object],[object Object]

Sources of Competitive Advantage: Three Tests ,[object Object],[object Object],[object Object],[object Object],[object Object],Which hat is unique?

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