Topic: Organizational reward and compensation systems that foster
creativity & innovation. A research update from MacMaster University,
Parbudyal Singh ( Ph.D. candidate) and Prof. Naresh C. Agarwal ( Ph.D.).
Presented by Parabudyal Singh
This month's Creativity Consortium talk will focus on the theory and
research evidence exploring the various "new" reward and compensation
policies and practices that organizations adopt in a conscious effort to
foster creativity and innovation. Our presenter will first examine the
deficiencies of traditional reward systems in the contemporary business
environment and emphasize the need for change. Some of the new reward
systems that will be examined include: incentive pay, profit-sharing,
gain-sharing, recognition programs, ESOP's and skill-, competency-, and
knowledge-based plans.
Theoretical explanations as to why these reward systems are working will
be offered. Finally, a step-by-step strategic reward system, that many
successful firms are adopting, will be presented.
The hands-on workshop will align our generic reward structure elements,
with the corresponding elements of our generic model of the knowledge
worker, which was developed last month at the February meeting of the
Creativity Consortium.
Date: Wednesday March 25th, 1998;
6:15 PM -7:15 PM-Registration, networking and cocktails, cash bar
7:15 PM to 8:00 PM Presentation
8:15 PM Hands-on Workshop
9:15 PM Wrap-up and conclusions
(Handouts and workshop material provided)
Location: Ontario Club, 5th Floor Commerce Court South, on the North/East
corner of Bay and Wellington. Toronto, Parking underground. Cash bar.
Finger food
and hors d'ouvers included. Dress Code: Jacket and tie for men.
Cost: $40 for guests, and $30 for members, $20 for full-time students.
Annual membership $65
Send payment to: The Creativity Consortium c/o Brain Space, 116 Galley Ave,
Toronto, Ontario, Canada, M6R 1H1. prior to Friday, March 20th.
Reservations and cancellations accepted till Friday March 20th.
If you reserve and don't cancel you will be invoiced.
R.S.V.P. by calling the Creativity Consortium at (416) 588-1122
Walter Derzko
Director Brain Space
(formerly the Idea Lab at
the Design Exchange)
Toronto
(416) 588-1122
wderzko@pathcom.com
--"Walter Derzko" <wderzko@pathcom.com>
Learning-org -- Hosted by Rick Karash <rkarash@karash.com> Public Dialog on Learning Organizations -- <http://www.learning-org.com>