What's Hot, How-to


Here is news from throughout the world of rewards recognition, including research, company news, mergers and acquistitions, etc.

Effective Practices: Creating a Request for Proposal

Published: Dec 7, 2023

Requests for proposals (RFPs) are a common practice especially among large organizations to create a framework whereby they can more objectively select suppliers based on the purpose, goals, and objectives of the organization and the specific project requirements. While this makes sense in practice, RFPs often subject suppliers to far more work than is warranted given the often-high odds against their winning the business in the first place. That said, a good RFP can serve as the basis for a meaningful statement of work (SOW) that ensures an organization achieves its objectives and transparently helps suppliers determine if they should submit a proposal. ... [ read more ]

IRF Roundtable: Taking Incentive Travel Design to the Next Level

Published: Dec 7, 2023

This roundtable discussion by incentive travel planners organized by the Incentive Research Foundation on how to maximize the value of an incentive travel destination aligns with the considerable research emphasizing the new interest on the part of many participants in experiencing destinations in a more authentic way. ... [ read more ]

Reimagining Business Meetings and Incentive Travel in the Post-Covid Era

Published: Dec 5, 2023

Despite a lot of talk about reimaging business meeting, association, and incentive travel formats after the end of the pandemic, and research from multiple sources that attendees highly prefer to spend time with one another over being lectured to in keynotes and panel discussions, there is evidence that the MICE (meetings, incentive, conventions, and exhibitions) is going back to business as usual, except perhaps in the area of environmental sustainability. This Enterprise Engagement Alliance RRN YouTube show interviews four highly experienced meetings and incentive travel specialists to find out what’s happening at the front lines.... [ read more ]

The Elusive Goal of ROI Measurement in Incentives, Rewards, Recognition, and Loyalty

Published: Nov 29, 2023

Despite investment from the incentive industry in research on program design and effectiveness, and the availability of multiple ways to evaluate the results of engagement efforts more carefully, there is little evidence that many companies apply serious program design evaluation to their expenditures in engagement for any stakeholder. If they do, they often are not willing to pay for the expertise. Based on a growing number of RFPs (requests for proposals) I’ve seen, the conversation is beginning to change.... [ read more ]

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