Why you should recognize great ideas

Legendary organizations started from one great idea or vision. Corporate giants and start-ups alike prospered from unexplored ideas that shared one commonality: passion for innovation. Would Google be successful today without the great ideas like Gmail or Google maps that built their culture of innovation? A culture of innovation means that employees are committed to raising the bar and reaching new heights to be successful.

Great ideas are rare because they usually involve risk and the potential for failure. But it’s important to make mistakes in the workplace in order to learn what works best for an organization. Great ideas never come to fruition without at least a few failures along the way, so it’s important to encourage employees to learn from failure and recognize those great ideas, the journey and the failures that lead to success and not just the success itself.

Positive behavior gets repeated, so recognize employees for their great ideas. Others will follow the examples and be more likely to submit great ideas in the future. You never know where your next game-changing business idea will come from – so solicit constant feedback to help discover it.

Here are Three Tips to Recognize Great Ideas and Encourage a Culture of Innovation:

  1. Recognize Employees for Submitting New Ideas: Every organization is different; however, all organizations should consider new ideas to improve the workplace. A rewards and recognition program, like Achievers, can help you create a tiered recognition system that rewards all new ideas, and especially rewards those ideas that actually turn into business initiatives.
  2. Start a Contest: Are you trying to solve a business problem, but you’ve run out of ideas at the leadership level? Create an idea contest to motivate employees to submit ideas tailored to one specific initiative. Reward people for submitting ideas, and recognize the person that provides the solution.
  3. Learn from Failure and Celebrate Risk Takers: Failure is not the opposite of success; it is on the road to it. Sometimes you win, and sometimes you learn; furthermore, you should reward employees that learn from their mistakes because of the valuable intelligence which results from an initial idea or risk. A great idea is not without risk, so make an example of innovative employees that push the envelope and reach new heights (they will get there eventually).

At Achievers, we recognize employees for their “bright ideas” and constantly encourage a culture of innovation.

What does your organization do to encourage new ideas? Which of the three tips do you find most compelling to charge your organization’s new idea revolution?

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