Southern California Edison (SCE) Crisis Objectives and Compensation Plan
Assignment Question:
What were SCE’s most important objectives at the time of the crisis and did the new compensation plan meet those objectives?
I will upload the case and the class slides. You can choose to use the information on slides if they are helpful for answering the question.
Discussion on Southern California Edison (SCE) Crisis Objectives and Compensation Plan Alignment
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October 20, 2023
In times of financial distress, a company's approach to its objectives and strategies becomes paramount to its survival and recovery. A recent analysis of slides about Southern California Edison (SCE) gives us a profound understanding of the company's most pressing objectives during a crisis and how its new compensation plan aimed to meet these objectives.
SCE’s Objectives during the Crisis:
1 Financial Stability: The first and most evident objective was financial stability. The consolidated income statements highlighted significant variances in net income over the years, illuminating the gravity of SCE's financial plight. These fluctuations reflected the organization's fiscal challenges and underscored the influence of uncontrollable factors that possibly affected these
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