One way that recognition can become a way of life in your organization is to integrate recognition practices and the use of your recognition programs into every facet of the lifetime employee experience.
This is the first of six posts that will outlines different areas along the career path of a typical employee, and where you can embed recognition into their everyday life at your organization.
Let’s take a look.
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If you haven’t already heard, there are fewer companies today than 2 years ago that have a written recognition strategy. Wow! That’s a shame.
According to the latest WorldatWork 2019 Trends in Employee Recognition, only 49 percent of the organizations they surveyed have a written recognition strategy. Fortunately, for the nearly half of these organizations with a recognition strategy, 97 percent are aligned with their organization’s business strategy.
The surprising thing was seeing how the percentage of organizations with a recognition strategy declined from 55 percent in 2017 to 49 percent in 2019. I really thought more organizations would commit to writing one. But, alas, I was wrong.
Why would organizations not have a recognition strategy? Let’s examine some possible reasons why this occurs.
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Each organization, large or small, should have a written recognition strategy to position recognition at the forefront in their organization.
Michael Porter, in his classic Harvard Business Review article, “What Is Strategy?” states that “strategic positioning attempts to achieve sustainable competitive advantage by preserving what is distinctive about a company. It means performing different activities from rivals or performing similar activities in different ways.”
Naturally, Porter is speaking about a traditional business strategy and not about a recognition strategy.
But what can you learn from the wisdom of Michael Porter? Are there principles you can apply to crafting a recognition strategy? Let’s look carefully at his work. (more…)
I was recently asked what the benefits are of integrating all of your recognition programs under one recognition portal.
Consolidating or bundling your recognition programs together, allows for greater flexibility with giving better and more frequent recognition in multiple ways.
Let’s take a closer look at what happens when you house your recognition programs under one portal. (more…)