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.