Throughout my career I have seen the power in recognizing people’s efforts. Additionally, numerous studies have shown that when people feel appreciated and get recognized, they are more engaged, motivated, and productive. The result is greater productivity that leads to enhanced business results. If it is that easy, why aren’t more organizations taking advantage of this opportunity?
There are many reasons. Some organizations may believe their compensation package is sufficient to fully engage their people. Hopefully, the number of companies with these antiquated management styles is dropping dramatically, but they still exist.