Incentive Programs
How To Capitalize On Opportunities & Maximize Your Organization's Potential
Converting an opportunity into a business advantage is the best investment an organization can make. Business opportunities can come a variety of shapes and sizes. Whether it’s a need to improve employee productivity, product quality, customer satisfaction, supplier performance, safety, sales performance, or address a base employee morale and corporate culture issue, AdMotions can custom design a program to effect long-term beneficial changes to your business structure.
Finding Ways To Motivate To Get The Most Out Of Each Employee Or Opportunity
❶ Getting more out of existing employees can not only improve the efficiency and productivity of existing business, it can also position companies to take advantage of new business opportunities. Whether it’s improving customer satisfaction, safety, productivity, or employee morale and corporate culture better people performance can yield incredible return-on-investments. | ❺ Better prepared employees are more efficient producers. Based on the situation analysis, additional training is often required to meet objectives. In many cases the additional training may not be focused on how to do their job better, but instead on how to improve people skills and interact with customers. |
❷
A situation analysis may begin with identifying and conducting roundtable discussions among stakeholders, or even conducting employee and/or customer focus groups to accurately discern the current state of the situation. Once the underlying circumstances are fully understood, clear realistic and quantifiable objectives must be set. | ❻ Recognizing and rewarding people for their achievements is vitally important in both achieving short and long-term change. The rewards program must be carefully designed and integrated into the program for maximum impact. Available awards may include brand name merchandise awards, gift certificates, pre-paid debit cards, travel awards. Cash awards can also be used, but it is typically the least appreciated and effective.
|
❸ A formal step-by-step program will be custom developed to positively effect employee changes to allow for the realization of the identified objectives. This program will be promoted through an internal communications program, employee orientations, specialized training, and a custom incentive system to recognize and reward positive behaviors. | ❼ It is critical that the initial goals of the program are quantifiable so the program will provide measurable feedback. |
❹ Communication is critical in effecting positive people performance changes. The program and its goals must be clearly communicated to all parties involved. This may involve a variety of tactics including meetings or orientations, newsletters, posters, and premiums among others. | ❽ As performance feedback is gathered the program will be constantly monitored and evaluated so it can be continually fine-tuned for maximum performance. |