5 reasons why company awards suck

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Award framework By Arun Purohit Introducing AWARD 2.0

description

Why awards processes in most organizations SUCK and What can be done to make them better

Transcript of 5 reasons why company awards suck

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Award framework

By Arun Purohit

Introducing

AWARD 2.0

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Lets first find out 5 reasons why employee reward systems SUCK

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#5 Bozos stay put overtime to impress the bosses ?

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#4 Very little given beyond a certificate and claps ?

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# 3 The smart guys just slip through?

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# 2 Little questions the nominations from Top guns

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#1 Crying babies walk away with milk ?

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WHY MUST WE CHANGE THIS ?

Duty? Activity ? Mission? Transformation? Software

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HOW CAN WE?

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Here are some ideas:

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Award Process Engine 1.0?

Finding Top performers

Nomination Form

Verifiable Evidence

Honour Code

I

Innovation cultureHigh performance

Better MoraleBetter Product

Inspirations

Winner list+Certificates+

Gift Vouchers+Linked in Reco

??Innovator wall

Impact AnalysisVerificationScalability

Showcase + VotingPanel

Skill Demo

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5 potential improvements

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#5 Relies on solid evidence

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#4 Merit. Nothing but the merit

Truth. Nothing less than the whole truth

Defining the ethics nominator

and panel will follow

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#3 Making it coveted. Aspirational

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#2 Aligned to company KPIs , KRAs

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#1 Highest Morale

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Conclusion

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What’s Your Message?Lets make it better