5 reasons why company awards suck

19
Award framework By Arun Purohit Introducing AWARD 2.0

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Post on 02-Jul-2015

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Why awards processes in most organizations SUCK and What can be done to make them better

TRANSCRIPT

Page 1: 5 reasons why company awards suck

Award framework

By Arun Purohit

Introducing

AWARD 2.0

Page 2: 5 reasons why company awards suck

Lets first find out 5 reasons why employee reward systems SUCK

Page 3: 5 reasons why company awards suck

#5 Bozos stay put overtime to impress the bosses ?

Page 4: 5 reasons why company awards suck

#4 Very little given beyond a certificate and claps ?

Page 5: 5 reasons why company awards suck

# 3 The smart guys just slip through?

Page 6: 5 reasons why company awards suck

# 2 Little questions the nominations from Top guns

Page 7: 5 reasons why company awards suck

#1 Crying babies walk away with milk ?

Page 8: 5 reasons why company awards suck

WHY MUST WE CHANGE THIS ?

Duty? Activity ? Mission? Transformation? Software

Page 9: 5 reasons why company awards suck

HOW CAN WE?

Page 10: 5 reasons why company awards suck

Here are some ideas:

Page 11: 5 reasons why company awards suck

Award Process Engine 1.0?

Finding Top performers

Nomination Form

Verifiable Evidence

Honour Code

I

Innovation cultureHigh performance

Better MoraleBetter Product

Inspirations

Winner list+Certificates+

Gift Vouchers+Linked in Reco

??Innovator wall

Impact AnalysisVerificationScalability

Showcase + VotingPanel

Skill Demo

Page 12: 5 reasons why company awards suck

5 potential improvements

Page 13: 5 reasons why company awards suck

#5 Relies on solid evidence

Page 14: 5 reasons why company awards suck

#4 Merit. Nothing but the merit

Truth. Nothing less than the whole truth

Defining the ethics nominator

and panel will follow

Page 15: 5 reasons why company awards suck

#3 Making it coveted. Aspirational

Page 16: 5 reasons why company awards suck

#2 Aligned to company KPIs , KRAs

Page 17: 5 reasons why company awards suck

#1 Highest Morale

Page 18: 5 reasons why company awards suck

Conclusion

Page 19: 5 reasons why company awards suck

What’s Your Message?Lets make it better