There is evidence that financial rewards to individuals for problem solving tasks are counter-productive. Consider, then, an incentive offered to a creative, problem solving team. A team incentive plan can result in extraordinary value if implemented to establish accountability and ownership in the job by the members who are engaged with effective leadership.

Why do it?

  • Establish accountability and ownership in the job;
  • Seal a team commitment with the project, company or organization;
  • Demonstrate the value placed on the team's contribution to the job by the company.

Expected result?

  • Release of discretionary effort - that is - voluntary contribution beyond that which is required.
  • Voluntary contributions deliver creative solutions.

Bill has designed over 50 program incentive plans that resulted in margins exceeding plan by 10 to 100%.  Contact Bill.