Thursday, July 23, 2009

People management strategy and reward

If you are feeling that the innovation team is not doing anything worthwhile to contribute to the company’s bottom line, and then start looking for some answers. For innovative ideas to progress and prosper there should be effective people management strategies in place. People inside the company should acknowledge that there exists a good people management strategy. Many times people are not even aware that there exists a strategy and at the next level even if it exists they are not sure how it helps them. People should be rewarded justly for their creative juices to be flowing. Remember one good innovative idea can change the fortunes of the company.

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