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0	8000	The next dimension to consider is the coverage of your stock options strategy.
8000	10000	Who should be granted stock options?
10000	15040	Should it be granted to everyone or only to a select number of people?
15040	18000	There are multiple perspectives to consider here.
18000	24240	First, based on your values and vision, what is the kind of culture you think would be
24240	27160	right for your company?
27160	32160	Does that culture envision everyone receiving stock options or only a few people?
32160	38160	Second, what is your expectation from the team members who are granted stock options?
38160	43160	Do you expect them to behave differently once they become option holders?
43160	48160	In that case, you would need to consider if the recipients have the maturity to appreciate
48160	54160	stock options and the responsibility that they might convey.
54160	56160	Everyone understands what they mean.
56160	63160	If you do well, I will become rich, but understanding is not the same as appreciation.
63160	71160	For instance, you might want to consider if the recipients have the ability to take a big picture view of the organization
71160	77160	or are they too junior or inexperienced to do that at the moment.
77160	83160	Third, where do they sit in your compensation framework for the recipients?
83160	85160	Consider this.
85160	87160	You pay a salary to someone.
87160	93160	By virtue of receiving that salary, they are expected to contribute to a certain extent
93160	96160	or bring about a certain growth rate.
96160	102160	Salary is usually paid with certain expectations of performance or delivery.
102160	110160	If stock options sit over and above the cash compensation, what do you expect the recipients to deliver
110160	114160	beyond what they are to deliver for their salary?
114160	121160	Or do stock options fill in for the reduction they agreed to take on their salary?
121160	128160	Fourth, while you might be granting stock options with an expectation to motivate the recipient,
128160	132160	does the recipient view these options as motivating?
132160	139160	Sometimes certain people are better motivated through immediate cash rather than a distant long-term reward.
140160	149160	Fifth, do you have a sufficient stock option spool to grant an adequate number of options to all the recipients?
149160	156160	This is something we will cover in the next dimension, but as I mentioned, a few dimensions overlap
156160	159160	and certain forces may act against each other.
159160	165160	You need to consider these perspectives, balance them according to your values and vision,
165160	168160	and take your decision accordingly.
168160	173160	So please consider them one at a time when you design your policy.