You are the owner of a small event-planning business.Executing each event requires the cooperation of every one of your five employees.Design an incentive program that rewards both the work of your staff team as a whole and the work of the individual employees-without inciting competition that detracts from good teamwork.The program must incorporate the three fundamentals described in Chapter 10.

To design an incentive program that rewards both the work of the staff team as a whole and the work of individual employees, without inciting competition, we can incorporate the three fundamentals described in Chapter 10:

1. Collective Goals: Set collective goals for the team to achieve together. This could be a certain number of successful events executed in a month or quarter. When the team meets these goals, reward the entire team with a group incentive, such as a team outing or bonus.

2. Individual Recognition: In addition to the collective goals, recognize and reward individual employees for their exceptional contributions. This could be done through an "Employee of the Month" program, where one employee is recognized and rewarded for their outstanding performance. This individual recognition should not be tied to competition against other team members, but rather as a way to highlight and appreciate each employee's unique contributions.

3. Fair and Transparent Rewards: Ensure that the incentive program is fair and transparent. Clearly communicate the criteria for both the collective and individual rewards, and make sure that the rewards are distributed equitably. This will help to avoid any feelings of unfairness or competition among the team.

By incorporating these three fundamentals, we can create an incentive program that promotes teamwork and collaboration while also recognizing and rewarding individual contributions. This will help to motivate and engage the entire team, without inciting unhealthy competition.