In order to identify priorities for limited financial and people resources at Ge

Question

In order to identify priorities for limited financial and people resources at General Electric, GE's management prioritizes the tactics in a strategic plan that are most important. Which of the following steps in that prioritization process is not critical?

Make priorities explicit early in the process.

Translate priorities into action items with clear goals, timetables, KPIs and accountability.

Relentlessly communicate and monitor progress holding managers accountable for execution.

Reward staff for achieving the priority tactics, not the nonpriority tactics.

Make priorities explicit early in the process.

Translate priorities into action items with clear goals, timetables, KPIs and accountability.

Relentlessly communicate and monitor progress holding managers accountable for execution.

Reward staff for achieving the priority tactics, not the nonpriority tactics.

Explanation / Answer

D

. Reward staff for achieving the priority tactics, not the nonpriority tactics.

While all other steps are very critical for prioritization, rewarding staff for achieving the same is not as critical as that of the other steps. In fact, it is rather an optional one to keep the employees motivated during the crucial phase of prioritization.

D

. Reward staff for achieving the priority tactics, not the nonpriority tactics.

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