1 Transforming the Industry: Trends
Finding the Trends Data Movement Indicator Trends
The Moto- Cycle Race
Average top Speed 7 MPH And the Winner is… Duryea Auto
Average Top Speed 220 MPH “If everything seems to be under control, you’re just not going fast enough” Mario Andretti
Biggest trend in our industry Not program tactics The acceptance of non-cash awards
Not Intuition Brain Science For the first time we can open up the mind and see how the Brain works
Top Consultants Agree Challenge traditional management wisdom Money really counts. Non-cash motivators can be more effective than the 3 highest rated financial incentives. Align the goals of the organization with the priorities of its people.
Employee Motivation a Powerful New Model Four levers 1) Acquire 2) Bond 3) Learn 4) Defend
CEO’s worldwide plan on using more non-cash awards
Good News, Right? So Why isn’t everyone doing it? Strong Business Case
Funding Competition Benefits PTO/Time off Payroll Creep Inflation 401K Bonus
C-Suite Buy In on Complex Process Sell Incentives as the “better” investment
How? Awards and Recognition Can Do More Aligning Program w/ Strategic Direction
What is the Next Big Idea? Hold this thought up and examine it as we move forward with this goal in Mind… Cash Merchandise Group Travel Individual Travel Card _ a _ _ _ _ _ c _ _ _ _ n?
HOW CAN WE HELP OUR CUSTOMERS ACCOMPLISH MORE? KEY QUESTION
REPAIR THEIR CULTURE’ Competitive Advantage Morale and Productivity Negative Impact of Economy Recognition Intent to Stay 17
RETAIN THEIR TOP EMPLOYEES 74% Would Consider 50% Have Considered 21% Applied 5% Intend to Stay 40% of Execs 25% of HiPos 18
INTEGRATE EMPLOYEE BEHAVIOR AND BRAND CMO Target Emp-Cons. Connection Brand Exp. Customer Values Authentic Brands Employees Role 19
SPARK CONTINUOUS INNOVATION Not Just R&D Any Change Catalyst vs. Impediment 250% More Ideas 82% Not Afraid Competing with Norms 20
KEY DESIGN TRENDS Authentic Supported Clear Transparent Scalable Multi-Faceted Personalized Social 21
22 Give us “The One Big Thing”