The best incentive results are accomplished when programs are designed within a
time-honored formula for success:
 

Establish attainable goals
- Motivate all stakeholders

 

Define measurement criteria and data-collection methods
- Quantitative/qualitative metrics

 

Establish project budget
- Function of project scope (duration, expected results, audience size)
- Worst-case scenarios/contingency planning
- Open ended Vs Not-to-exceed

 

Define project budget allocations
- Industry guidelines for effective results
  (communication/awards/administration)

 

Match awards to fit the audience

 

Focus on execution
- Access to information
- On-going communication/promotion
- Flawless award fulfillment

 

Evaluate all outcomes
- Ongoing feedback loops
- Post-program impact analysis

 
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