NAPERVILLE, Ill., Sept. 28, 2011 – An improving economy will make it more important than ever for companies to build a culture based on innovation and employee engagement, or risk losing out on future opportunities, according to a new white paper published by the Performance Improvement Council (PIC) titled, “People Power Sets the Pace for Innovation.”
“The massive employment reductions over the past several years occurred with little thought about the effect on employment engagement strategies, leading to potential dangerous consequences,” said Performance Improvement Council President Mike Ryan, who is senior vice president of marketing and client strategy for Madison Performance Group. “As companies look for ways to grow, the need to maximize the talents and ideas of all stakeholders – employees, suppliers, and customers – is more important than ever before.”
Jerry Klein, the paper’s contributing author and senior solution design strategist at Maritz Loyalty and Motivation, said this latest paper from the PIC draws from many authoritative experts in the fields of innovation, and offers specific examples of innovative thinking and engagement which have created new and successful enterprises. “However,” Klein cautions, “innovation needs to be part of an organization’s strategy and innovative practices need to be consistently reinforced by all levels of management.”
To read more, download the complete paper from the Performance Improvement Council’s Web site www.thepicnow.org and click on Resources.
The Performance Improvement Council (PIC) is a strategic industry group within the Incentive Marketing Association. It is a professional organization of performance marketing executives collectively focused on helping companies optimize their investment in human capital through proven and innovative reward and recognition solutions. More information about the PIC is available at http://www.thepicnow.org.
Business improves when employees and customers are recognized, rewarded, and engaged through effectively structured programs with defined goals and proven returns. The Incentive Marketing Association (IMA) is comprised of the companies who are leaders in the incentive industry. IMA provides education, resources and research to promote the use of incentive programs to the business community and is the umbrella organization for the Global Incentive Council (GIC), the Incentive Gift Card Council (IGCC), the Incentive Manufacturers & Representatives Alliance (IMRA), the Incentive Travel Council, the Performance Improvement Council, the Promotional Products Provider Council, the Recognition Council, IMA-Australia Council, IMA-Canada Council and IMA-Europe Council.
More information about IMA and the incentive marketplace is available at http://www.incentivemarketing.org
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