My Project Management Lessons » saving money http://www.myprojectlessons.com Lessons learned in Project Management Sat, 28 Nov 2009 02:34:57 +0000 http://wordpress.org/?v=abc en hourly 1 Reward System for Ideas http://www.myprojectlessons.com/2009/08/reward-system-for-ideas/ http://www.myprojectlessons.com/2009/08/reward-system-for-ideas/#comments Tue, 25 Aug 2009 09:17:36 +0000 michael http://www.myprojectlessons.com/?p=631 Related Posts
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]]> Some companies have idea boxes or systems for employees to share their ideas for improving an organisation or project. Yet they can often find it difficult to get people to submit good ideas.

Giving a significant reward for ideas that make significant savings or profits would encourage ideas even more.

Apparently the Japanese used to have a reward system where if an employee put forth a suggestion that saved money, they would get half of the first years profit or savings from that idea.

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  1. Eliminate Unnecessary Features
  2. Speed Up Induction and Issuing of Access Cards
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