2. Session Objective
• Understand the Concept of Reward and
Recognition in AIESEC.
• Why Reward and Recognition in AIESEC ?
• How/Strategies ?
3. Research from some principles of management
by great management scientist like FAYOL and
TAYLOR shows that Reward and Recognitions are
some of the best strategies to motivate workers in
an Organization to work and improve organizational
performance and to develop their working skills.
Introduction
4. Reward and Recognitions in AIESEC is a key tool
in the talent management department which is use
to stimulate or motivate members and entities to
drive their personal development and at the same
time improve on the organizational growth by
evaluating performance and measuring successes.
In AIESEC
5. • To motivate members
• To make the lazy members active
• To improve on membership retention
• To drive LCs towards organizational goals
• To involve Alumni and Partners to the Organization
• To provide support to members and entities and lastly
• Recognizing Partners and Alumni personally, also
motivate them to come close and contribute to the
organizational benefits.
Why Reward and Recognition ??
6. There are several ways to how we can
implement Reward and Recognition in
AIESEC, some of which can be;
• Entity based Awards
• Team based Awards
• Portfolio based Awards and
• Personal or Individual based Awards
The HOW and Strategies
7. You should take note that Reward and Recognition is
not an instant function but a continues function, i.e.
we can evaluate from time to time, quarterly, from
start to end of a term, project or team experience
etc…
Some strategies to engage and prepare members
and entities for this by;
• Training
• Planning and Setting the goals with them
• Coaching
• Performance Tracking
• Rewards and Recognition
The HOW and Strategies
10. Now talking about Planning and Setting goals with the
team, members or entities, you have to;
• Let them know at the beginning of the term about
the various Awards and Recognitions for them to
have a focus
• What are the criterions?
• What/When will it be (sometimes optional)?
• Analyze Performance
• Always attribute Recognition to all KPIs of
strategies leading to entity growth.
The HOW and Strategies
11. Rewards and Recognition at times
pushes members and entities to lose
focus on results and quality and stay
focus on just rewards, which it in turns
bring competition and less inter entity
relation and conflict in the organization.
Key Drawback
12. • A strategy to overcome this especially at the level of the
LCs is by setting goals with the strategies to attain them
base on the realities, capacity and potential of individual
entities.
• The same strategy can apply to LC levels when it comes
to teams.
• Set up MoS to compare/differentiate being goals
oriented and Results oriented.
• Some awards could be alternating and skipping years
(that is to say an award that was launch this year should
not be repeated next year, however can come the
preceding year)
Solution to Drawback
Editor's Notes
The Objective of this session will be for;Members to understand the concept of Rewards and Recognition in AIESEC to let the members know how this Has been done in the past and how it has impacted or influence the organization nationally or locally.And lastly How can this be carried out nationally or locally
By doing awards and recognitions, members are motivated to work and the lazy ones to also work.It can be a way to involve partners and Alumni in the organization and it can as well be a means ofPartners promoting themselves like through the MTN awards, it makes them to have a bigger name.And lastly, rewards that come along with financial sum can very much help entities in kick start project implementation.
