All employees love to be rewarded for their hard work. But what’s the best way to reward those who deserve it the most?
For some employees it will always be cash. Or perhaps a promotion. For others, nothing matters more than an old-fashioned “Attaboy” from a respected boss.
And while cash may be king for some people, an article in Inc. Magazine by Adam Vaccaro explores an effective alternative reward: travel.
For instance, Vaccaro cites Texas-Based Effective Environmental:
“Every year, Effective Environmental doles out an all-inclusive family vacation to five employees. Managers in each of the company’s divisions submit nominees, and the senior leadership team chooses the winners based primarily on who is deemed to have given maximum effort day in and day out.”
Sounds great to us, but why travel over cash?
One reason could be that a travel reward is attractive to both the employee AND the company. Vaccaro cites a study that reveals, “96 percent of employees say they are motivated by travel incentives, and 72 percent who earn the reward say they feel increased loyalty to the company.”
This equals a win-win for employees and employers: employees are rewarded with all-inclusive family vacation, and employers are rewarded with the increased loyalty of the their most valued workers.
If your company offered you travel reward as an incentive, how would you feel about it? Would it motivate you?
You want to get the most out of your meetings but aren’t sure how.
Keep this simple equation in mind to make sure you get the most bang for your buck out of every meeting you have:
No Leader + No Documentation + No Follow Up = WASTE OF TIME
This tip, from management consultant Steve Tobak, highlights exactly what you need to remember to achieve meeting greatness.
- Leadership – Who is leading the meeting? Who is facilitating the discussion?
- Documentation – Is someone taking notes? Do you have a recorder?
- Follow Up – Who’s accountable for what? Is someone responsible for following up?
Though Tobak’s equation may seem obvious or overly simple, that’s its true beauty. If you can ensure that you and your team have those three things in place, you’re on your way to better, more effective meetings. Immediately.
Many of us want to be leaders at work. We’re not talking about being Vice Presidents or CEOs – sure some of those guys and gals are leaders too, but certainly not all of them. We’re talking about being leaders at work regardless of our job title, rank, or position.
So how do we take our leadership to the next level? Think about this quote from bestselling business writer, Harvey Mackay:
“A mediocre person tells. A good person explains. A superior person demonstrates. A great person inspires others to see for themselves.”
Mackay wasn’t necessarily referring to leadership when he wrote those words, but let’s think about Mackay’s quote in the framework of leadership and see where his words fall on a leadership spectrum:
Telling someone to do something.
Explaining how to do something.
Demonstrating how to do something.
Inspiring others to do something themselves.
Now, if you consider yourself a leader, where do you think you fall on the spectrum?
Does your leadership consist of merely telling someone to do something?
Or does your leadership consist of modeling behavior and inspiring others to do something themselves?
True leadership walks the talk, and inspires other to do the same.
Gauging the success of a project can be challenging.
What constitutes success? How do you measure it? What does it look like?
Part of measuring success is managing project expectations. It’s important to be realistic. If your expectations are unrealistically high, you many never feel your project is truly successful. That kind of outlook often leads to frustration, confusion, and even failure. This problem is never more apparent than when a newly-formed team takes on a new project. Teams face more challenges than individuals when completing a project – more cooks…more ingredients…more opinions…bigger kitchen…more knives. Yikes!
The diagram above, by Demitri Martin, illustrates what constitutes a realistic view of success for most people and most teams. Success is not a straight shot to the moon, without interruptions or obstacles, without rest-stops for refueling and rechecking the map. Success is often a tumultuous journey on a windy and treacherous path fraught with differing personalities, group disagreements, and competing priorities, and with plenty of need for course-correction and recalculating. But do not be discouraged. The windy path is normal!
If you’re expecting your project to be an overnight moon shot, you may need to think again. Fight off unrealistic expectations and curb frustrations. Success takes time and patience. Stay the course.