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Discuss the critical issues in managing team performance through team-based reward schemes
Nowadays, organizations have to learn how to adapt to dynamic environment, and accept the reality of constant changes. When old functional structures and vertical communications are become ineffective, organizations has adopted new business process based structures, in terms to improving services and responsiveness in order to re gain, sustain and improve competitiveness (Kepa M T, Derek L, and Jill M, 2002). One of the consequences of this, organizations have been moved from functional and hierarchal structures
Cannot Work", Harvard Business Review, Vol. 71 No. 5. Kozlowski, S.W.J., & Bell, B.S. (2003). "Workgroups and teams in organizations", Industrial and Organizational Psychology. Wiley, New York N'Neill G L. (2003). "Reward Philosophy, workplace climate and performance management: three key issues in implementing a 'total reward' framework", Human Resource Management: challenges and future directions. J Willey and Sons, Milton, Old. Prendergast, C. (1999). "The provision of incentives in firms", Journal of Economic Literature, 1999, Vol. 37, Issue 7, p63.
