It stands to reason that if you want your employees to come up with high-powered ideas, you need to offer high-powered rewards. That’s why Google created its Founders Awards to provide stock worth up to several million dollars as an incentive to innovation.
Don’t Offer Employees Big Rewards for Innovation
You’ll end up with impractical ideas and a clogged pipeline.
June 12, 2014
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New!
HBR Learning
HBR Learning
Innovation and Creativity Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Innovation and Creativity. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Unlock your team's curiosity and willingness to take smart risks.