Incentives Paradise
Friday, August 13th, 2010Incentives Paradise
By: Lana Wright
You’ve analyzed, forecasted results and costs before launching on a grand scale. And then your participants take ownership and challenge each other to greater heights. Who’s the champion now?
You need to design an incentive plan that will get you better results. You can start bysetting targets and reward those who achieve them. You can also set the same targets and encourage all participants to raise their own bar and compete for top results, plus rewards and bragging rights.
By having a Peer Challenge, you allow individuals or teams to compete with each other and pull out all the stops for greater results. There’s nothing as motivating as a little friendly competition – especially when the whole company is cheering you on!
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