Most businesses would agree that their employees are not just valuable but are also a big part of what makes them different and sets them apart from their competitors. However, beyond their day to day contribution, employees have a lot more to give. Seeing the business operate from the inside at all levels and talking to customers and partners and each other every day give employees all kinds of great ideas on how the business might generate more revenue, reduce costs, or even create a better workplace for their employees.
The problem is that many of these great ideas fall through the cracks, as businesses don’t have an easy way to capture and track them proactively. Ideas are generated in isolation, people with relevant knowledge don’t always have input, and a lack of resources minimises businesses ability to evaluate and champion ideas worth pursuing. Beyond that, businesses with innovative employees who make contributions above and beyond their day to day duties often struggle to recognise and reward these employees.