Many companies use sales incentives and employee recognition initiatives to motivate workers to perform at the top of their game.
Many companies use sales incentives and employee recognition initiatives to motivate workers to perform at the top of their game. However, there are a few things businesses may do that can actually stifle productivity.
For instance, firms might ignore the environment in which their staff members are working. Creating the right office atmosphere is key to spurring an entrepreneurial spirit among talented employees, explains Business Insider.
To fix an office space that is proving stifling to workers, managers will want to encourage an atmosphere that's open to risk-taking. By letting employees know it's OK to fail, firms may see an influx in innovation.
This can be furthered by demonstrating to staff members that the management team is there to support them, the website explains. Employees need to know they can go to their respective supervisors with problems and questions, fostering a comfortable and open environment.
That said, firms should also remember to establish clear guidelines. Just because they are accepting of failure and seeking innovation, doesn't mean every idea should be tried out. By delegating the appropriate authority to individuals, companies can pursue the entrepreneurial spirit in a measured way.