Permission to reward (appropriately)
No matter the pressure on organizations today around the optics of hosting meetings, and particularly incentives; combined with on-line learning / webinars / hybrid events available, there is really no way to replace the value of a F2F experience.
In an incentive program, the most value for the attendees is the time they get to spend usually with the significant other that has given them the time and support to be successful, but also the time they get with senior management and the C-level of the organization they have chosen to be engaged with.
Determining the ROI is important - setting the objectives of the program, staying true to the goals and parameters set at the beginning of the reward cycle, and knowing what measurements your C-level is looking for are all critical to success. There are many ways to do this - just one is below.
Motivational Experiences Deliver Business Results - well they should or else what is the point?
SITE White Paper on Validation of Motivational Experiences
The big impact though is exactly the same as what happens when your sales (or service) force is in the field delivering to the clients you need to be successful. The elusive and tougher to measure ROR - Return on Relathionships. Relationships with each other, relationship with the organization and the perceptions brought to life during the program, the amount of leisure time vs. education vs. networking vs. recognition - the most important aspect is finding the balance that is right for those who are being rewarded. Then watch the magic happen!
|A true reward with a private concert|
|A gala night of our stars - with each award brought out by a Cirque performer!|