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How to Reward and Recognize Employees for Innovation

How can you incentivize your employees to innovate?
(Free for Premium Members) Employees are the lifeblood of innovation. Their active participation ensures that innovation doesn’t go through frustrating cycles of fits and starts. Rewards and recognition play a critical role in energizing them. But, what’s the right incentive program for them? Do you offer monetary rewards or focus more on recognition? Do you focus on individual or team rewards? Or do you not reward some things at all? This 34-page Tool will help you design a robust and methodical rewards and recognition program that will energize your workforce and make your innovation efforts sustainable and organic.


Download a Sample

To view a sample of this tool, simply register on our site for free. Log in and you can download the sample by clicking here.

What You Can Do with this Tool:

  • Discover four fundamental mechanisms for motivating your workforce.
  • Learn from over 25 real-life examples of how other organizations energize employees.
  • Take advantage of more than 60 practical motivation techniques (both long- and short-term) that you can use in your organization.
  • Get a detailed overview of the business issues you need to consider while designing your program.
  • Use a six-step worksheet to design your rewards and recognition program - includes instructions and a filled-in example that brings the tool to life.

Companies Mentioned in this Tool:

3M
American Cancer Society
Apple
Audi
Commerce Bank
Cygna Group
DDB Needham
Dow Corning
General Electric
Google
Honeywell

IBM
Intuit
Keyspan
Pixar
Procter & Gamble
Staples
Texas Instruments
W L Gore
Westin Hotels
Whirlpool

Table of Contents:

INTRODUCTION
  • A key to sustainable innovation: energizing employees
PART ONE: LEARN FROM THE LEADING INNOVATORS
  • Framework. Four ways to energize employees for innovation
  • Role Models. How leading innovators motivate employees
  • Blending All Four Approaches. A case in point: Procter & Gamble
PART TWO: DEVELOP A REWARDS AND RECOGNITION PROGRAM FOR INNOVATION
  • Starting Out. Things to consider before building your rewards and recognition program
  • Jumpstarts. Bring innovation to life in your organization
  • Worksheet. Mapping your rewards and recognition program
  • Filled-In Example. How one sample company might build their program
  • Suggested Roadmap. How to roll out a rewards and recognition program in your organization
PART THREE: RESOURCES TO LEARN MORE
  • Google This. Search terms to learn more
  • Sources and References. Online and offline sources for additional information
  • Blank Worksheets. Worksheets you can print out and use in your organization
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