Think about what you are trying to accomplish in your life and business – what is your vision for the company, what are your goals and objectives? What are the key drivers to get you there? Speed, innovation, creativity, super service? The list goes on, but what items really fit you best?
Define your goals, set up criteria to meet them, determine who they are assigned to and set up some benchmarks to define excellence and beyond. Communicate expectations to appropriate parties and create an award system for meeting and exceeding expectations. Then, track performance and reward it.
Do it for your internal team, your vendors and your clients.
Many companies give an award to their “client of the year”.
While this sounds unusual, think about it.
When you find an ideal client and a win-win relationship is created, let them know how much it means to you beyond just the financial part. It tells them and the world that you value a strong and mutually beneficial relationship that others will want to emulate.
Everyone loves recognition, award and accolades.
Showing your appreciation shows you care.
Awards can be as simple as a ceritficate or as elaborate as a full blown celebration and award show. Either way it makes a lot of sense to include in all your advertising, PR and marketing plans.
Budget: $100 - $350 per month