Friday, March 21, 2008


As I mentioned in my first entry re. employee recognition, most employees want (3) things above everything else:

1) Fair compensation and benefits

2) Recognition/Appreciation

3) Information/Communication

And who sets the example for all (3) ? The individual in the "corner office". It is important to re-emphasize the fact that improving the culture of an organization is the fastest and most effective way to improve a company's financial success. Do you know that 90% of all culture change initiatives fail? That's right-90%. Why? One of the main reasons is that the senior exec. does not consistently support the initiative because he does not believe that culture change will work/make any difference. And then it turns out that he was right- the culture did not change/improve. And it is his fault. Many times the leader says-"everyone else needs to change except me".....duh!

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In your opinion, which of the following is the most effective way to recognize an employee for a significant accomplishment at work?