What did Stephen Covey say about Leadership? (Part II)
You will remember our discussion from Part I of this article about the importance of creating a win-win situation in the workplace where the employees feel greatly valued and respected. Stephen Covey greatly emphasize “Win-Win” in his Habit #4 of The 7 Habits of Highly Effective People.
In Part I we presented the fact that most people are NOT motivated by money.
In this Part II, I present a chart with three categories of ways to recognize people: MONEY – OPPORTUNITY – RECOGNITION. The chart is invaluable as it has 50+ ways to inspire/motivate your people to make them feel like winners.
The least expensive rewards fall under the “Opportunity” section. These rewards provide the individual with an opportunity to grow. They recognize him/her for a job well done by trusting him/her to take on more responsibility and more authority.
Survey after survey of a broad range of employees, show us that rewards which are intangible and those which show sincere thought and consideration have a much longer-lasting effect.
Learning how to build a solid recognition program is an important part of leadership skills training. CLI believes so much in the importance of a recognition program that we feel it should have prominence in every leader’s Employee Strategic Plan initiatives. Once it has been built, the leader has the responsibility to ensure the program is delivered.
We also feel so strongly about it that a good chunk of time is spent on the topic in our Executive and Business Coach Training Program. Once again, this invaluable information is rarely taught in MBA school.
In setting up your reward program, begin by setting performance goals. Then choose the rewards that are best suited to the goal.
Making People Feel Like Winners
When performance is within acceptable ranges of goals set for the job, use rewards to
increase and sustain positive performance and personal motivation.”
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