{"id":2051,"date":"2017-08-28T10:48:43","date_gmt":"2017-08-28T15:48:43","guid":{"rendered":"https:\/\/abcbiz.abcplugin.com\/testing\/?p=2051"},"modified":"2019-06-10T20:56:00","modified_gmt":"2019-06-11T00:56:00","slug":"believe-incentive-trip","status":"publish","type":"post","link":"https:\/\/abcbiz.abcplugin.com\/testing\/believe-incentive-trip\/","title":{"rendered":"And so you believe you have been on an incentive trip?"},"content":{"rendered":"

\"\"<\/p>\n

You just came back from a beautiful island where you stayed at a five-star property. You had a nice welcome cocktail by the pool and a farewell dinner on the beach.<\/p>\n

You are a top-performer for your company \u2026 and seriously, you have just experienced a very nice reward trip!\u00a0Nothing more and nothing less.<\/p>\n

Your company may have invested a lot of money but is it leveraging the lasting emotional impact a unique experience can create?<\/p>\n

Incentive trips, reward trips or recognition programs as some people may call them, are one of the greatest tools to motivate your team and achieve results beyond the regular \u201cyearly targets.\u201d<\/p>\n

As\u00a0Bill McDermott<\/a>, CEO of\u00a0SAP<\/a> wrote in \u201cWinners Dream<\/a>\u201d: \u201cTo dream big, people have to feel big. (\u2026) And I still believe that victories should be celebrated. SAP\u2019s annual Winners\u2019 Circle has become a sought-after event that has inspired thousands of our sales professionals to achieve miracles on behalf of the entire organization.\u201d<\/p>\n

So how do you recognize a true incentive trip? Here are three key elements:<\/p>\n

    \n
  1. Perceived value<\/strong><\/li>\n<\/ol>\n

    A media company once offered its entire staff of 100, a top-of-the-line TV at the end of the fiscal year.<\/p>\n

    When the employees got home, some significant others complained that \u201ctheir spouse was working so hard for a year only to receive a TV which was on sale at Costco for x amount of dollars!\u201d<\/p>\n

    Result: Although it was a nice gesture, the price was known and the \u201cperceived value\u201d was much lower than what it should have been.<\/p>\n

    Alternatively: Imagine walking out of a hotel on South Beach and discovering a motorcade of stretch hummers, settling in the cars and being escorted by the police to a private island for a Cuban themed party. The perceived value will definitely be much higher than the real cost.<\/p>\n

      \n
    1. Contrasts\/Experiences\/Surprises<\/strong><\/li>\n<\/ol>\n

      An FMCG company once brought its sales force to an all-inclusive property with traditional entertainment activities offered to all the guests staying in the hotel.<\/p>\n

      Result: No contrasts, no \u201cunexpected moments,\u201d no \u201ccorporate pride\u201d and just regular moments. A few years later, people hardly recalled the destination and don\u2019t remember much of what they experienced.<\/p>\n

      Alternatively: Imagine arriving in Delhi and going straight to the souk in tuk tuk, and, the next day, going to Ja\u00efpur to have dinner with the Maharaja on the Lalique table in his private dining room.<\/p>\n

      These are the type of contrasts, experiences and surprises you will never forget!<\/p>\n

        \n
      1. Something you can\u2019t duplicate<\/strong><\/li>\n<\/ol>\n

        An insurance company once took their top performers to a five-star property in a ski resort. They had great dinners and were able to ski the entire time they were there.<\/p>\n

        Nice, but each of the participants could arrange this themselves without the \u201csupport\u201d of the corporation.<\/p>\n

        Alternatively: Imagine arriving in France at an exclusive spa in an upscale ski resort and being transferred by helicopter in front of the Mont-Blanc, walking up to an exclusive red velvet rope lunch party on a small mountaintop and walking down the hill to a snow bar for lunch before being taken back in your helicopter.<\/p>\n

        This is an experience that not many of us could have if we were to go back to that same place with our friends and family.<\/p>\n

        Do these three elements (perceived value, contrasts and surprises, experiences you can\u2019t duplicate) matter? Absolutely!<\/p>\n

        With this mindset, you will definitely build a true incentive trip, reward or recognition program and you will create unique experiences which will motivate, and recognize your team like never before.<\/p>\n

        These are the three main differences between an incentive trip and a regular company group trip.<\/p>\n

        Which experiences do you remember and why?<\/p>\n

        Please comment and let me know!<\/p>\n","protected":false},"excerpt":{"rendered":"

        You just came back from a beautiful island where you stayed at a five-star property. You had a nice welcome cocktail by the pool and a farewell dinner on the beach. You are a top-performer for your company \u2026 and seriously, you have just experienced a very nice reward trip! Nothing more and nothing less. Your company may have invested a lot of money but is it really leveraging the emotional lasting impact a unique experience can create?<\/p>\n","protected":false},"author":20,"featured_media":2052,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[90],"tags":[104,101,97,94,92,99,98,102],"class_list":["post-2051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-corporate-transitions","tag-entrepreneur","tag-event-business-formula","tag-event-business-planner","tag-independent-business-planner","tag-leaving-corporate-life","tag-solopreneur","tag-starting-own-business","post-wrapper","thrv_wrapper"],"yoast_head":"\nAnd so you believe you have been on an incentive trip? - Event Business Formula™<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/abcbiz.abcplugin.com\/testing\/believe-incentive-trip\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"And so you believe you have been on an incentive trip? - Event Business Formula™\" \/>\n<meta property=\"og:description\" content=\"You just came back from a beautiful island where you stayed at a five-star property. 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