Employee Recognition: A Viable Strategy for Fostering Innovation in the Workplace.

Recognition A Viable Strategy For Fostering Innovation In The Workplace
By: Staff
Issue: 2010aug


Innovation may spring from any employee–especially when they are encouraged and motivated by management, says the new Performance Perspectives executive briefing by Madison Performance Group.

“In companies with innovative environments, employees feel management is open to new ideas and experimentation. These companies understand that new strategic ideas come from all levels of an organization,” says Mike Ryan, senior vice president of Madison Performance Group, a premier global reward and recognition design and consulting firm.

Research shows, according to the Madison briefing, that innovators flourish at workplaces where employees are rewarded for idea development.

“Companies that give positive attention to new ideas demonstrate to employees that it’s okay to experiment and develop new ideas— even if they aren’t ‘perfect’ the first time around,” says Ryan. “In fact, showering positive attention on new ideas is considered a best practice at innovative companies. And because innovation is often a project-based activity, the simple recognition of a new idea by a manager can kick start its adoption into a firm’s work processes.”

The new electronic version of Madison Performance Group’s executive briefing, Performance Perspectives, offers three ideas for igniting innovation in the workplace.

Posted: 8/24/2010 6:20:15 PM by Robert Rebholz | with 0 comments
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