Only the best ideas will be shown to you
With a limited amount of money to invest in an idea, the employees will be more careful in their choices. This way, not every idea will have an assessment nearby, but rather the ones that are actually valuable.
The employees become more engaged in the corporate life
From now on, the employees can see the real opportunity to have an impact on improving the company's work processes. They know that their opinion is valued. Whether the employees offered the idea themselves or evaluated the idea of a colleague, the most important is that their vote will be taken into account.
The performance efficiency will increase
The changes initiated by rank-and-file employees can often have a significant impact on the overall performance of the company. Middle-level and top-level managers may miss something. Let your colleagues share their ideas with you: they will cope with them better.
Collecting feedback from the employees will become easier
Through these mechanics, you will learn the weaknesses and strengths of your company. Find out what problems your employees face and what are the obstacles that prevent them from achieving results.
Implementing changes will be easier
Changes proposed by rank-and-file employees have long been proven to be more readily accepted by the team. After all, people made their own decision, and no one forced it on them from above.