Make the most of the new standards Every year companies spend millions of dollars on executive incentives. All too often, however, these programs provide a very weak link between pay and performance, with executives potentially rewarded as much for bad decisions as they are for good ones. Packed with examples, The New Standards insightfully discusses: * How to link pay with business results that create long-term value * Why incentive structures can discourage management from reasonable risk-taking, in some cases, and can enocourage imprudent risks in others * The full range of inputs that should guide proper incentive policy * Why performance measures must reflect both