10 Cultural Practices # 3: Not Dealing with Conflict
February 3, 2015
10 Cultural Practices #7: Not Understanding Generational Differences
February 9, 2015REWARD PROGRAMS THAT REWARD THE WRONG THINGS
Baby Boomers love competition, so most organizations being managed by Boomers have competitions. This kind of incentivizing may have worked in the past, but with 3 different generations in the current work force, it no longer motivates people to compete. The idea that competitive earned rewards will motivate people’s energy no longer applies.
One of my favorite questions to ask is “Are your performance measurements and performance rewards actually reflecting your effectiveness?” In most of the responses, I get the answer no.
There are several things that have made rewards programs obsolete: a] the reward program was designed to increase some activity that drives top line sales or bottom line profits. Not everyone has the actual control of the factors that accomplish either of these 2 outcomes. b] The reward program has little relationship to an employee’s job description or annual review. c] When you talk about competition, there may be a winner, but everyone else is a loser.
The new world is giving rewards to people that behave and perform to the role they play in their collaborative environment, not because they beat their fellow employees.
