prepare an incentive scheme using the model provided

and how the scheme will work, also include :

One measure from each perspective that you consider the most important with an explanation of why you have chosen that measure.

Assumptions on specific values as a target for each of the measures. For example, if EVA is one of the measures then an assumption should be made on what the EVA target would be EVA of $5 million.

The weighting (proportion) that you would assign to each of your perspectives and to briefly explain why. (Note: the weightings should be out of 100%. For example, if you were to place equal importance to all the perspectives then the weighting for each would be 25% each.)

An assumption that the incentive pay would be 20% of the base pay.

OBJECTIVES FINANCIAL PERSPECTIVE . Improves productivity Grows revenue CUSTOMER PERSPECTIVE Customer satisfaction . Low cost manufacturing Operating cost & efficiency Low cost manufacturing Continues improvement . Develop necessary skills INTERNAL PERSPECTIVE . Product innovation Innovation LEARNING & GROWTH PERSPECTIVE . Required necessary skills . Strategic necessary OBJECTIVES FINANCIAL PERSPECTIVE . Improves productivity Grows revenue CUSTOMER PERSPECTIVE Customer satisfaction . Low cost manufacturing Operating cost & efficiency Low cost manufacturing Continues improvement . Develop necessary skills INTERNAL PERSPECTIVE . Product innovation Innovation LEARNING & GROWTH PERSPECTIVE . Required necessary skills . Strategic necessary