Team work and Innovation and Recognition
I realised today that rewarding a person for innovating is definately not a good idea. Its is better to recognize the person instead. One of the points mentioned that sometimes for innovating team work is important as people can build on each others ideas. One can recognize each individual for the team work. But rewarding each team member could get very expensive for the company. In this case the company might opt for rewarding the person who innovated the most, who probably would have just build on some one elses idea. This could kill the spirit of team work. The others could also feel left out and feel treated unfairly. They would them probably try to keep their ideas to them selves and not shre as there would be no motivation. It could also lead to competition arising among team members which would ruin the effective communication process which is required in an organisation. Lack of communication is against knowledge management. Therefore recognizing the enitre team is better than just rewarding one person.