Archive for November, 2009

Larry Myler’s well-received tip, “Burn the Company Suggestion Box” was published by Business Week in November of 2009.

“… your employees are not likely to give good profit-producing and cost-saving ideas if they’re contributing ideas in an anonymous box and aren’t benefiting from, or getting credit for, their suggestions. Instead, encourage your employees to find profit-producing opportunities and … encourage your employees to look at the feasibility of their profit proposal to make sure it will have a reasonably short pay-back time—and an adequate return on investment. “