futurethink Innovation Tip: Reward Innovation
January 29, 2014
Give recognition where recognition is due. Take a look back at everything your team of innovators has accomplished over the past year. What specific behaviors, actions, attitudes, and accomplishments helped move innovation forward? Create a list of a few innovation-specific achievements to reward or recognize.
Go beyond the year-end bonus and other established compensation mechanisms and create a new rewards and recognition system just for innovation. Maybe you create an Innovation MVP award, or perhaps you just give out a few $30 gift cards for good behavior – whatever you do; make sure you’re showing your team that their innovative behavior and accomplishments are noticed and appreciated.
futurethinkis a leading innovation research and consulting firm, offering the world’s largest catalog of innovation research and tools, along with consulting and training services.
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