Tuesday, November 14, 2017

How to Release the Drive to Innovate


Which reward system can you design and implement that will activate all four drives of human behavior?  

Believe it or not, the one program that will incorporate more of these drives to acquire, bond, innovate and defend is a company wide suggestion system.  No, not a traditional old box on the wall suggestion system, but a completely innovative approach to obtaining cost savings or revenue generating ideas you’re your employees. 

In the early 1980’s Maritz Motivation Solutions developed and patented a program called IdeaSystem.  It was a short term high intensity all employee suggestion program that garnered thousands of ideas from client companies which then rewarded employee teams with prizes when the ideas were accepted, evaluated and implemented.  These programs produced dramatic financial results for the sponsoring companies and provided tremendous employee engagement as well.

Here are just a few of the ways that these well designed suggestion systems incorporate the four drives of human behavior:

Drive to Acquire:  There are significant tangible and intangible awards offered to every employee from participation, to being on a team, to be on an evaluation committee, to formulating ideas and presenting them to management.
Drive to Bond:  Every employee has the opportunity to be involved in self formed teams that collaborate on a variety of revenue generation to cost saving ideas.  The interaction and cross functional entrepreneurship is significant.
Drive to Innovate:  Working with company material, and through relationships encouraged throughout the company, teams meet and formulate uncanny ideas that produce dynamic results.  It is innovation at its finest.
Drive to Defend:  A suggestion system of this nature reminds employees often of their importance to the organization’s mission and the dramatic financial results can provide the company with decided profit outcomes and competitive advantages.

With all the digital advances within the incentive industry today, we have the expertise to help design and coach a company through the process of developing a suggestion system of this nature and will be glad to assist at any level. 

For more information on Ultimate Choice Inc.’s products or services or other white papers please contact us at Ultimatechoiceinfo@cox.net