Title: The Impact Of Incentive Management Strategy On Organizational Performance
Authors: Blessing Darius, Phd
Volume: 9
Issue: 6
Pages: 29-36
Publication Date: 2025/06/28
Abstract:
The study examines the impact of incentive management strategy on organizational performance. In a highly competitive global landscape, organizations must continuously strategize and innovate to enhance their performance and achieve a sustainable competitive advantage. This study explores the intricate connection between incentive management strategies and organizational performance, emphasizing the pivotal role that employee performance plays in this dynamic. Drawing on contributions from various scholars, it contends that effective performance is predicated not only on achieving stated objectives but also on the alignment of employee motivation with organizational goals. This research identifies the challenges inherent in current incentive structures, particularly the misalignment between incentive programs and strategic objectives, which can lead to suboptimal employee performance and organizational inefficiency. The study also examines key dimensions of incentive management strategies, including flexibility, evaluation and feedback, and reward and recognition, and their influence on organizational metrics such as customer satisfaction, innovation, and operational efficiency. By addressing the identified gaps in incentive management, this examination aims to provide actionable insights for organizations seeking to optimize their performance through enhanced employee engagement and motivation. Ultimately, it underscores the notion that a well-structured incentive strategy is crucial for fostering an environment of high performance and continuous improvement within organizations.