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The Feedback Culture in a company: our "Coin" for Recognition by Alessandro Violini
Learn how Clara Coin's innovative recognition system boosts employee motivation, self-organization, and transparency, fostering a culture where people feel valued and proud to work.
- The Clara coin is a virtual coin used to recognize and reward employees for their feedback and contributions.
- The goal is to create a company culture where people are proud to work and feel valued.
- The motivation has two types: intrinsic (personal satisfaction and enjoyment) and extrinsic (rewards and recognition).
- The self-determination theory states that people have three basic psychological needs: autonomy, relatedness, and competence.
- The Clara coin is used to fulfill these needs and increase motivation.
- The coin can be sent privately or publicly, and people can choose to use it to recognize and reward others.
- The company has a public playbook and 18% of its knowledge base is public.
- The company uses a Slack command to manage the Clara coin and has a dedicated channel for feedback.
- The company’s goal is to build a company where people are proud to work, and the Clara coin is a tool to achieve this goal.
- The company has a flat hierarchy and encourages self-organization.
- The Clara coin is not a ranking tool and does not measure performance.
- The company’s culture is based on transparency, trust, and inclusivity.
- The company has an open governance model and encourages participation and feedback.
- The Clara coin is a way to create a synergy between company and country.
- The company has a strong focus on recognition and rewards.
- The company uses a feedback culture to drive its decision-making processes.
- The company has a strong focus on autonomy, relatedness, and competence.
- The company’s culture is based on the self-determination theory.
- The Clara coin is a playful implementation of feedback and recognition.
- The company has a dedicated channel for feedback and recognition.
- The company’s goal is to create a company culture where people are proud to work and feel valued.
- The Clara coin is a tool to achieve this goal.
- The company has a strong focus on recognition and rewards.
- The company uses a feedback culture to drive its decision-making processes.
- The company has a strong focus on autonomy, relatedness, and competence.
- The company’s culture is based on the self-determination theory.