Formulating an Awards and Recognition Scheme Most awards and recognition are given to individuals who have accomplished things like loyalty to the company, their work quality, their sense of responsibility, and their overall performance within the organization. All the above qualities belong to someone who is trustworthy and reliable. These are individuals who have the qualities that can make an organization succeed. The factors for recognition may differ from one organization to another and their levels of these factors may also differ. You can take the example of the differences between the traits that make a good employee of a manufacturing industry in comparison with that of a repair industry, and the difference between workers of a business organization against non-profit organizations. The basis for most organizations in giving awards and recognition is the contribution of individuals to the relative success of the organization. In every organization, there are people who can be considered as heroes, and if an organization fails to recognize these people, they are like hiding their assets under a rug. If these heroes are unsung, you will be missing on the opportunity that the other workers will follow in their footsteps.
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An award system that recognizes heroes and their men are important to any organization. In this day and age we have this notion that if there is success it is attributed to the one in command in control, so this idea of awarding the hero and his men is very important. Heroes are not alone.
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People will know who are the great contributors of a successful organization with awards and recognition. It serves as a great motivator and will allow each one in the organization to produce something extraordinary. With awards and recognition, members of an organization will strive to have this coveted prize. Awards and recognition does not always indicate a cash bonus. Whatever awards and recognition an administration gives, it should somehow satisfy its recipients. The award and recognition can be in the form or a plaque, a ring, or something that will commemorate their contribution to the organization. An awards and recognition strategy will work if the organization first makes an award assessment. This means that they need to acquire first a statistical look at your entire process or the entire organization in reference to what it is engaged it. Then the contributing factors to success should be identified or achievements when it comes to the operational goals of the organization. These factors of success becomes the basis for your award and recognition.