1. What is the importance of dual bonus system in linking performance and pay to strategies?

2. Give your insights about the quotation below by Richard Brown CEO of EDS. "You have to start with an appraisal system that gives genuine feedback and differentiates performance. Some call it ranking people that seems a little harsh. But you can't have a manager checking a box that says you're either stupendous, magnificent, very good, good, or average. Concise, constructive feedback is the fuel workers use to get better. A company that doesn't differentiate performance risks losing its best people."

3. Give your insights about the quotation below by Hugh Johnston CEO of PepsiCo "The change allows our employees to make decisions about spending and profit trade-offs themselves, rather than simply being handed a budget to follow; it's something they can wrap their arms around and say, 'now I understand how I can impact PepsiCo's stock price.'

4. Give examples for each strategy: a. Force change strategy - A force change strategy involves giving orders and enforcing those orders; this strategy has the advantage of being fast, but it is plagued by low commitment and high resistance.

b. Educative change strategy - The educative change strategy is one that presents information to convince people of the need for change; the disadvantage of an educative change strategy is that implementation becomes slow and difficult. However, this type of strategy evokes greater commitment and less resistance than does the force change strategy.

c. Rational change strategy - A rational change strategy or self-interest change strategy is one that attempts to convince individuals that the change is to their personal advantage.