Rewarding Adaptability and crowd funding
Crowd funding for adaptability: encourage an internal market in adapbatilbty activities by having employees with ideas to bid for resoruces and other employees to bet on the most succesful ideas
Recognition programmes: Directly and immeidatly rewarding those employees whose behavours support the design principlesÂ
Time awards: reward those who come up with innovative and creative suggestions supporting adaptability, specific time to develop their thinking and ideas.
A lot of people have heard about crowdfunding, soliciting a lot of people for cash online, and a number of things it is getting used for. Many people have lately been crowdfunding medical bills lately, and there are some things crowdfunding or crowdsourcing appear to be able to conquer. Article source: Personal Finance
Ian - hello again, and thanks for a mini hack here.
I REALLY like this - but taking personal like aside for a second I think this has huge business merits. Here's why. I administered, validated and adjudicated over a Staff Suggestion Scheme in 3 different organisations in my time. To say it was a chore is an understatement. Ill conceived, trite, lazy and misaligned ideas were reviewed, commented upon and in some case rewarded (!). Then we wikified them - and the crowd validated and the good rose to the top with excellent building comments.
So your mini-hack moves it even further into robust thinking and bidding processes; ownership and ratification of ideas and I believe the use of time as a reward is a worthy one in this day of head-down; plough on.
Enjoyed reading this and thinking about the possibilities here.
Thanks a lot
Perry
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