In June 2011, Altron, a conglomerate headquartered in Johannesburg, South Africa, controlled more than 200 firms in the Far East, Europe, the US, the United Kingdom, Australia, along with Africa. More than 14,000 employees designed, developed, produced, and marketed a variety of telecommunications, power electronics, and information technology systems and products along with electronic equipment.
Having made a clear commitment to sustainable development, Venter was confident the devotion was shared across the senior management team. Yet, there seemed to be more acceptance in the running units for meeting fiscal goals than for reaching sustainability targets. Did the present bonus structure send the correct message about the sustainability-oriented corporate strategy? Taking a look at the tactical themes that were reshaped, Venter considered the pros and cons of more clearly linking the company's compensation system to sustainability operation.
PUBLICATION DATE: November 08, 2011 PRODUCT #: 412075-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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