Put Skin in the Game

Armadillo had been working on changing things up with his business. A group of business partners had met to discuss some exciting changes which could be made to liven up things around the office. Armadillo had been having some ideas of his own during the meeting and decided to speak with his co-owner when he returned to the office. He wanted to empower a group of employees to begin designing and thinking of new ideas and products to pitch to him. He wouldn’t just let them do so without reward or interest, but each month they would all sit down and discuss the news ideas and hear their pitches. The winning idea would receive a public viewing and a bonus to the lead designer on the project. This way he would be committed to their innovation.

Lesson: This lesson is inspired by the Rescue a CEO Post “Trade Secrets to Game-Changing Innovation

CEO Blog Nation

This is a post from a CEO Blog Nation writer. CEO Blog Nation is a community of blogs for entrepreneurs and business owners. Started in much the same way as most small businesses, CEO Blog Nation captures the essence of entrepreneurship by allowing entrepreneurs and business owners to have a voice. CEO Blog Nation provides news, information, events and even startup business tips for entrepreneurs, startups and business owners to succeed.

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