Lecture, three hours. Course 254 is open to MBA, EMBA, and FEMBA students. Focus on strategic management of human resources to create value by directly motivating behavior consistent with goals and policies of firm. Motivating effects of different forms of monetary and non-monetary incentives in different types of organizations and for different types of employees and executives. Analysis of cases and interaction with experts in human resource management and compensation practices to develop skills needed to design and implement optimal reward systems for organizations. S/U or letter grading.