Intrinsic and extrinsic motivation

When we talk about rewarding innovation in an organization, it doesn’t make sense to reward an idea without thinking about reward all who collaborate in transforming the idea in the Organization’s product or service.

Reward the employees of organization means recognition and is a result of a management desire and an act of collaboration.

Nowadays the retention of some employees in an organization is a permanent challenge for HR professionals and is even more difficult when the set of these collaborators is composed of different generations, which have very different views on the resources available, about values or ethics in the workplace.

Today, with the uncertainty in the market, the best way that a collaborator has to ensure its future, is to ensure the future of his organization. Even organizations that strive to enhance the differences and promote alternative points of view discover that there are many challenges and have to learn to manage conflict of healthy way, because the dissatisfaction or frustration generates acute conflicts.

On the contrary reward creativity and innovation, providing individuals the tools and an inspiring environment and facilitator of development of ideas, favors a dynamic of personal and organizational growth.

Organizations that lead to innovation through recognition are guided by basic principles of encouragement of specific behaviors such as the creation of project teams.

These organizations recognize systematically and consistently those who contribute with ideas, knowledge and availability and in special way volunteers, agents of change and innovative models. To do so they keep the names associated with contributions and tell stories of success that refer to innovations be they incremental or not.

Make innovation auto-rewarded is a bold mission but when the authors are considered models by peers and managers the Organization awards the collective effort. After all they are connecting innovation to the core of company culture.

But how can we recognize and reward?

When an organization establishes extrinsic rewards for innovation must be attentive to some issues that might arise, such as:

-Assign more importance to money than he currently has.

-Confuse compensation with reward.

-Stifle team with individual recognition.

-Ignore the underlying issues behind the behaviors

-The reward decreases with time.

However to introduce so persistent, intrinsic motivation, many innovative organizations, encouraged:

-The recognition of peers.

-The establishment of working structures conducive to the cultivation of relevant innovations.

Rewards and recognition, especially the balance between intrinsic and extrinsic incentives, influence how employees approach their responsibilities.

 

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