Jason Hall Shares Lithespeed’s Peer-Based Recognition Program

Lithespeed’s Jason Hall understands that keeping employees engaged and happy is important. Toward this end many organizations have reward systems: bonuses, shares, company lunches, even massages and boxed chocolates (thanks, Google!). But Jason highlights for us the fact that these rewards are doled out according to a hierarchical meritocracy: someone, whether a VP or senior manager, is deciding whether and who deserves recognition. While Jason thinks this is great and he has no beef with a meritocracy approach per se, but it doesn’t reinforce team-based collaboration.

Jason shares his experience at Lithespeed where they experimented with different rewards/recognition programs. First they tried a token- or penny-based system before landing on their “Recognize at Lithespeed” program — a peer-based system that, Jason says, “hits the nail on the head”: real-time recognitions that people email to each other rather than waiting til the end of the quarter, for example, which was the previous token-based model.

SolutionsIQ’s Josh Fruit hosts at Business Agility 2017 in New York City.

Subscribe to Business Agility Trends and Insights
Business leaders need insight into how business agility and Agile are shaping the world. With a monthly subscription to Business Agility Trends and Insights, you'll receive curated trend reports, case studies, white papers and more that demonstrate how business agility is a core competency of the future. Topics include innovation, portfolio management, leadership, budgeting and finance and more!
*By entering your email address you give Accenture | SolutionsIQ permission to send you marketing emails. You may unsubscribe at any time by clicking the unsubscribe link located at the bottom of any email. View our Privacy Policy