Cardiovascular Business - May/June 2008 - (Page 40)

The › liz By WATer, Phd Back Page Spotlight on Leadership Reward Employees for Top Performance Creative Ways to Reward Employees There are many creative ways to reward excellence. Of course, money remains an important motivator for many employees. But it’s not the only factor and, for many people, it’s not even the most important. Here are several outside-the-box ideas: oday’s top healthcare leaders know that their organizations cannot succeed without dedicated, hard-working employees. They recognize that talented, devoted people are positively essential for operating a worldclass organization. The best leaders also realize that even in the helping professions, where caring for others is often reward in itself, nobody works for purely altruistic purposes. People seek some type of reward for their efforts and their achievements. That reward may be financial, t Demonstrate your genuine appreciation. A well-deserved pat on the back, a written letter of commendation or some private words of appreciation can have a significant impact. Where appropriate, recognize your outstanding employees publicly. This allows your best people to receive some well-earned kudos. At the same time, it serves as a model and incentive for others. Give your high achievers the Provide meaningful perks. Offer some extra flexibility to work from home when feasible. Give your afternoon off from time to time. high achievers the afternoon off from time to time. Liz Bywater, PhD, is the president of Bywater Consulting Send them on a golf outing or to a show. Take them out to lunch at the restaurant of their choosing. The Group located in Yardley, Penn. She helps her clients possibilities here are almost endless. Be as creative improve individual, team and organizational perforas you’d like. mance. She can be reached at Liz@BywaterConsultingHelp them keep up the momentum. A motivated employee will relish the opportunity to work on a Group.com or at www.BywaterConsultingGroup.com. challenging, new project. Success breeds further success. Give your outstanding employees a say in where their talents will be used next. Encourage them to keep on as in the form of a raise. Or it may consist of heightened recognigrowing, learning and raising the bar. tion or prestige within the organization. In the world of healthcare, Develop them. Mentoring, coaching and advanced training need the emotional payoff also can be substantial. Knowing that one has not be viewed merely as a means of addressing poor or deteriorathelped a patient and his family can provide a tremendous sense of ing performance. You’re far better off investing your developmental accomplishment and pride in one’s work. time and dollars in your top performers. Give them the tools to build The preferred rewards for a job well done vary from person to upon their already strong performance. This is a sure way to drive person. The need, however, to get something for one’s hard work is your organization to even greater levels of success. universal. There are many ways to recognize the efforts and accomplishPeople-savvy leaders know all about this. They understand that ments of your most dedicated employees. The possibilities are they cannot expect their employees to do their best work, day afmany and one size does not fit all. If you’re not sure which approach ter day, year after year, without some sort of meaningful acknowlto take with a given employee, remember this: You can always ask. edgement. They understand that to get the most from their people, What better way is there to engage your employees in the process, they’ve got to recognize employee contributions in ways that have an demonstrate your respect, and provide them with meaningful, impact, that serve to reinforce hard work and encourage continued high-impact rewards for superior performance? creativity and dedication. ” 40 Cardiovascular Business May/June 2008 http://www.BywaterConsultingGroup.com

Table of Contents Feed for the Digital Edition of Cardiovascular Business - May/June 2008

Cardiovascular Business - May/June 2008 Contents First Word Cover Story - Coronary CTA: Drafting the Strategic Plan Financing New Technologies: Early Adopters, Lease vs. Purchase, and Joint Ventures Clinical Study Digest: ACE or ARB: It's Your Choice Can Off-Hour D2B Times Be Reduced Without Breaking the Bank? Digital Image Management Primer: Integrating Echo SPECT/CT for Cardiac Disease Detection: An Economic Conundrum Integrating the Healthcare Enterprise Connects IT Systems News & Views Calendar Reader's Resources The Back Page

Cardiovascular Business - May/June 2008

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