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Key Strategies for Gaining Executive Buy In For Your Recognition Program Action Plan Business Case Implementation Factors Reward Considerations Major Objectives.

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Presentation on theme: "Key Strategies for Gaining Executive Buy In For Your Recognition Program Action Plan Business Case Implementation Factors Reward Considerations Major Objectives."— Presentation transcript:

1 Key Strategies for Gaining Executive Buy In For Your Recognition Program Action Plan Business Case Implementation Factors Reward Considerations Major Objectives

2 YOUR PRESENTER: TARA POWERS, M.S. WWW.POWERSRESOURCECENTER.COM

3 STRATEGIES How To Present Your Business Case 8 Major Objectives Of Successful Reward Programs Key Consideration Of Reward Programs Implementation Factors For Success Action Plan For Roll Out

4 1 st Strategy Build Your Business Case Have a clear purpose Plan to educate Share statistics Align with goals/values Enlist a champion Back to main

5 1 st Strategy Build Your Business Case Have a clear purpose Plan to educate Share statistics Align with goals/values Enlist a champion Back to main

6 1 st Strategy Build Your Business Case Have a clear purpose Plan to educate Share statistics Align with goals/values Enlist a champion Back to main

7 2 nd Strategy Major Reward Objectives 1.To provide recognition to employees that make unusual contributions and stimulate additional effort for further improvement. 2.To show appreciation for superior performance. Back to main

8 2 nd Strategy Major Reward Objectives 3.To ensure maximum benefit through an effective communication system that highlights the individuals who were recognized. 4.To provide many ways to recognize employees for their efforts and stimulate management creativity in the reward process. Back to main

9 2 nd Strategy Major Reward Objectives 5.To ensure that management understands that variety enhances the impact of the reward process. 6.To improve morale through the proper use of rewards. 7.To reinforce behavioral patterns that management would like to see continued. 8.To ensure that the employees recognized are perceived as earning the recognition by their fellow employees. Back to main

10 3 rd Strategy Reward Considerations Organization’s culture Desired behavioral patterns Employee priorities Behavior/reward timing relationships Easy to manage Back to main

11 4 th Strategy Implementation Factors Reward Fund Reward Board Reward Task Team Current Reward Program Analysis Reward Usage Guide Management Training Back to main

12 4 th Strategy Implementation Factors (redesign) Does is reinforce desired behaviors? Does it provide rewards for exceptional service and performance? Do we publish why rewards are given? Back to main

13 4 th Strategy Implementation Factors (redesign) Do a fair number of our employee population receive rewards each year? Are there a variety of ways to recognize someone for their contribution? Are we using spontaneous rewards? Back to main

14 4 th Strategy Implementation Factors (redesign pitfalls) Difficult and costly administration Not consistently supported Awards applied inconsistently Perceived as unfair Lack of enthusiasm Cost cutting impacts the program Back to main

15 5 th Strategy Action Plan and Roll Out Get go ahead to move forward Select program participants Hold kick off meeting Redesign/restructure current program Develop deployment strategy Implement and manage program Back to main

16 SUMMARY Involve all employees Eliminate bureaucracy Provide general guidelines Make management training mandatory Clearly communicate alignment

17 Feel free to contact us. PowersResourceCenter.com Small Shifts…Fast Results info@powersresourcecenter.com 303.875.5011 Lafayette, CO 80026 Questions? Need More Information?


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