Rightly so leaders, managers and business offer incentives, (the carrots, not the sticks) to make sure their people stay focussed to achieve the business goals. Any business need to provide most of these since the people making up the management and workforce are diverse and not everything incentive triggers motivation in the way the designers would want. Our approach to repeat sucess is to understand how all these play a role in getting things done and making sure they are managed accordingly.
Broadly incentives normally includes
- Security of a job, employement contract
- A career with progression opportunities
- Meaningful work and challenges
- Titles, Status and Power
- Autonomy & Responsibility
- Recognition of Achievements
- Fixed Salaries and benefits
- Variable or Performance Pay or Bonuses
- Skills Development over time
- Prizes from Competitions