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10 strategies and tactics for Incentives

What is Incentives strategy?

Every great achievement starts with a well-thought-out plan. It can be the launch of a new product, expanding into new markets, or just trying to increase efficiency. You'll need a delicate combination of strategies and tactics to ensure that the journey is smooth and effective.

Finding the right Incentives strategy can be daunting, especially when you're busy working on your day-to-day tasks. This is why we've curated a list of examples for your inspiration.

Copy these examples into your preferred app, or you can also use Tability to keep yourself accountable.

How to write your own Incentives strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Incentives strategy examples

You'll find below a list of Incentives tactics. We also included action items for each template to make it more practical and useful.

Strategies and tactics for expanding Sterling Tour and Travel Agency into the Kenyan Market

  • ⛳️ Strategy 1: Forge strategic partnerships

    • Identify and partner with a medium-sized Kenyan tour and travel agency
    • Leverage the local partner’s market knowledge and customer base
    • Align services to meet local cultural and tourist preferences
    • Ensure clear communication channels with partners
    • Negotiate mutually beneficial terms in partnership agreements
    • Engage local travel influencers to promote joint offerings
    • Create co-branded marketing materials with local partners
    • Host joint events and travel expos to increase brand visibility
    • Develop shared objectives and performance metrics
    • Regularly review and refine partnership strategies

  • ⛳️ Strategy 2: Adapt services to local market conditions

    • Research and understand customer preferences in Kenya
    • Develop Kenya-specific travel packages including popular destinations
    • Implement a pricing strategy that reflects local purchasing power
    • Offer flexible payment options tailored to Kenyan market needs
    • Launch culturally immersive experiences like safaris and heritage tours
    • Translate marketing materials into Swahili and other local languages
    • Align services with environmental and cultural preservation initiatives
    • Conduct training sessions for employees on local customs and practices
    • Incorporate feedback from local customers into service offerings
    • Regularly update offerings based on seasonal tourist trends

  • ⛳️ Strategy 3: Enhance marketing and brand awareness

    • Launch social media campaigns targeting Kenyan travellers
    • Partner with local influencers to widen digital reach
    • Participate in local and international travel expos
    • Utilise radio and print media to reach different demographics
    • Highlight local partnerships in marketing communications
    • Develop emotional and engaging storytelling content
    • Create promotional videos showcasing Kenyan attractions
    • Establish a customer referral programme
    • Leverage customer testimonials in marketing materials
    • Conduct surveys to measure brand awareness and adapt strategies
partnershipslocalizationstrategic-plannermarketing-specialistmarketing-teambusiness-development-team
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Strategies and tactics for drafting a remuneration strategy for ABC Super Tech

  • ⛳️ Strategy 1: Customise remuneration elements by division

    • Conduct a market analysis for compensation across the tech industry
    • Determine base salary ranges for each position in operations, sales, logistics, and corporate services
    • Set division-specific performance metrics for the annual bonus at 15% of total cost to company
    • Incorporate a 10% company bonus on the distribution tool for employees in sales and logistics
    • Allocate a management bonus of 25% for senior roles across all divisions
    • Introduce a 25% company bonus for managers in operational and logistics roles
    • Roll out personalised salary packages for high-performing employees in each division
    • Review and adjust remuneration plan bi-annually to address market changes
    • Communicate the remuneration structure transparently to all employees
    • Regularly gather employee feedback to refine remuneration elements

  • ⛳️ Strategy 2: Develop a retention strategy

    • Identify key retention drivers for each division through employee surveys
    • Implement career development pathways with clear progression plans
    • Establish mentorship programmes for new and existing employees
    • Offer flexible working arrangements across operations, sales, logistics, and corporate services
    • Enhance non-monetary benefits such as health and wellness programmes
    • Set up regular one-on-one meetings to discuss career goals and growth
    • Create recognition programmes to acknowledge achievements and contributions
    • Conduct stay interviews to uncover employee satisfaction and retention issues
    • Develop tailored retention bonuses for high-demand roles
    • Analyse turnover rates and trends to improve retention strategies continually

  • ⛳️ Strategy 3: Implement an incentive and remuneration plan

    • Align incentives with company goals and division-specific objectives
    • Define clear criteria for performance-based bonuses and incentives
    • Utilise technology solutions to track performance metrics in real-time
    • Regularly update incentive programmes to reflect changes in company strategy
    • Communicate the benefits of the incentive plan through workshops and presentations
    • Monitor the effectiveness of incentive programmes through employee feedback and performance assessments
    • Introduce quarterly incentive updates to encourage short-term performance boosts
    • Provide training sessions on how to maximise earnings under the incentive plan
    • Collaborate with division leaders to ensure the incentive plan meets division needs
    • Establish a cross-functional team to oversee implementation and address any arising issues
retentionincentivesmanagershr-professionalscorporate-servicessales-and-logistics
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Strategies and tactics for converting Doctors into Regular Clients

  • ⛳️ Strategy 1: Build strong relationships

    • Identify the top 50 doctors in each district and create a comprehensive contact list
    • Schedule introductory meetings with doctors to understand their needs and present your products or services
    • Send personalised follow-up emails or messages post-meetings to maintain engagement and interest
    • Organise regular face-to-face visits to doctors to nurture relationships
    • Provide valuable information or updates related to your products that can benefit the doctors
    • Offer exclusive early access to new products or services to stimulate partnership
    • Participate in local healthcare events to increase visibility and approachability
    • Gather and utilise feedback from doctors to improve product offerings
    • Create a customer relationship management (CRM) system to track interactions and follow-ups
    • Celebrate achievements and special occasions of doctors (birthdays, anniversaries) to build a personal connection

  • ⛳️ Strategy 2: Offer financial incentives

    • Develop a tiered discount system based on purchase volume to reward higher sales
    • Create a loyalty programme that provides rebates or credits for continuous purchases
    • Implement a referral bonus scheme to encourage doctors to bring in new clients
    • Provide limited-time promotional offers to encourage commitment to deals quickly
    • Collaborate on a 'trial' month programme to showcase the value of increased product volume
    • Organise an annual 'doctor appreciation day' with exclusive discounts on that day
    • Bundle products into strategic packages to offer more value to doctors
    • Analyse sales data quarterly to adjust incentive programmes as needed
    • Schedule quarterly or semi-annual meetings with doctors to review savings and progress
    • Ensure transparency in financial dealings by providing detailed purchase reports and invoices

  • ⛳️ Strategy 3: Enhance product education and support

    • Conduct regular training sessions or webinars to educate doctors on the benefits and use of your products
    • Provide instructional materials, such as brochures and videos, tailored to the doctors' needs
    • Develop a dedicated helpline or support team to swiftly address any product-related queries
    • Host product demonstrations in clinics or hospitals for hands-on experience
    • Create an online knowledge portal where doctors can access product information easily
    • Organise annual seminars with expert speakers focusing on product advancements and industry trends
    • Use case studies or success stories from other doctors to illustrate product effectiveness
    • Offer customised training sessions for more complex products
    • Engage with doctors through newsletters with updated product information
    • Collect and act on feedback from doctors to refine product information and training
relationship-buildingfinancial-incentivessales-representativecustomer-relations-managersales-teammarketing-team
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Strategies and tactics for building a reward incentive program

  • ⛳️ Strategy 1: Define clear objectives and rewards

    • Identify key tasks and goals that need to be incentivised
    • Set measurable benchmarks for each task or goal
    • Determine appropriate rewards for different levels of task completion
    • Establish criteria for earning rewards within the programme
    • Create a reward catalogue with tangible and intangible incentives
    • Align rewards with employee preferences and organisational goals
    • Develop a reward distribution schedule and communicate it clearly
    • Incorporate feedback from participants to adjust objectives and rewards
    • Ensure rewards are sustainable within the programme budget
    • Monitor satisfaction and effectiveness of current rewards

  • ⛳️ Strategy 2: Implement a transparent tracking and evaluation system

    • Select a digital platform to track task completion and progress
    • Create user-friendly interfaces for employees to track their own progress
    • Automate notifications for upcoming deadlines and milestones
    • Develop a point system to quantify progress and reward eligibility
    • Enable team leaders to access dashboards for performance evaluation
    • Regularly report on individual and team standings within the system
    • Integrate feedback mechanisms for continuous improvement
    • Offer training sessions on utilising the tracking system
    • Ensure data privacy and protection within the tracking platform
    • Periodically audit the system to maintain accuracy and reliability

  • ⛳️ Strategy 3: Foster a motivational and supportive environment

    • Encourage peer recognition for completed tasks and goals
    • Organise workshops on goal-setting and task management
    • Provide mentorship opportunities for skill and career development
    • Recognise achievements publicly through awards or announcements
    • Create a platform for employees to share success stories and tips
    • Establish team competitions to encourage collaboration
    • Offer non-monetary incentives such as additional time off
    • Regularly communicate programme updates and success stories
    • Solicit feedback on workplace culture and environment improvements
    • Address any barriers or challenges faced by participants promptly
incentivesperformanceprogram-managerteam-leaderhuman-resourcesoperations
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Strategies and tactics for creating an incentive rewards program for individuals

  • ⛳️ Strategy 1: Identify and understand the target audience

    • Conduct surveys to gather data on the target audience's interests and preferences
    • Segment the target audience based on demographics, interests, and behaviours
    • Analyse the gathered data to determine common goals and motivations within the target audience
    • Identify key challenges and barriers faced by the audience in achieving their goals
    • Research successful incentive programs previously implemented for similar audiences
    • Define clear and measurable goals that align with the audience's aspirations
    • Develop user personas to better understand and empathise with the target audience
    • Consult with industry experts to validate audience insights and program objectives
    • Create a communication plan tailored specifically to the diverse segments of the target audience
    • Ensure that the incentive rewards align with the audience's values and lifestyle preferences

  • ⛳️ Strategy 2: Design a compelling and meaningful reward structure

    • Determine the types of rewards that would be most motivating for the audience
    • Calculate an appropriate budget for the reward program, including potential costs for each reward type
    • Establish clear criteria for earning rewards, making them achievable yet challenging
    • Incorporate tiered reward levels to maintain ongoing interest and motivation
    • Include both tangible and intangible rewards, such as experiences or recognition
    • Ensure rewards are distributed in a timely manner to maintain momentum and satisfaction
    • Create a mechanism for feedback and suggestions to improve the reward offerings
    • Review legal and tax implications associated with various types of rewards
    • Partner with reputable suppliers or providers for reward items or experiences
    • Regularly assess the effectiveness of rewards in motivating participants and adjust as needed

  • ⛳️ Strategy 3: Implement and promote the rewards program

    • Develop a comprehensive plan to launch the rewards program to the target audience
    • Prepare marketing materials that clearly communicate the program's benefits and structure
    • Leverage multiple communication channels such as social media, email, and events to reach a broad audience
    • Train staff and partners on the program details to ensure consistent and accurate information
    • Introduce a pilot phase to test the program's impact before a full-scale rollout
    • Monitor program participation rates and gather qualitative feedback from early participants
    • Highlight success stories and testimonials to encourage wider participation
    • Implement a referral program to incentivise existing participants to recruit new members
    • Use analytics tools to track and analyse engagement with the program over time
    • Continuously update and refine program materials based on feedback and performance data
incentivesmotivationprogram-designermarket-analystsmarketing-teamresearch-team
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Strategies and tactics for improving debit card usage in Tamil Nadu

  • ⛳️ Strategy 1: Enhance customer awareness and education

    • Conduct workshops and seminars in rural and urban areas
    • Develop easy-to-understand educational materials
    • Leverage social media platforms for digital awareness campaigns
    • Collaborate with local influencers to reach wider audiences
    • Train branch staff to educate customers about debit card benefits
    • Utilise local language materials for better engagement
    • Set up information kiosks in areas with high foot traffic
    • Implement a 'Debit Card Day' for focused promotions
    • Provide personalised assistance for customers transitioning to card usage
    • Track awareness campaign effectiveness and iterate accordingly

  • ⛳️ Strategy 2: Offer attractive incentives and rewards

    • Introduce a rewards programme for frequent debit card use
    • Partner with local businesses to offer discounts and deals
    • Develop referral programmes to encourage new users
    • Create debit card usage competitions with prizes
    • Offer cashback schemes on specific transactions
    • Introduce tiered benefits based on usage frequency
    • Communicate incentives effectively through SMS and email campaigns
    • Collaborate with merchants for cross-promotional incentives
    • Monitor incentive effectiveness and customer feedback
    • Regularly update rewards programmes to maintain interest

  • ⛳️ Strategy 3: Improve accessibility and infrastructure

    • Expand ATM network in under-served areas
    • Collaborate with local businesses to accept debit cards
    • Implement mobile banking solutions for wider reach
    • Ensure reliable and secure transaction technology
    • Provide weekend or after-hours service helplines
    • Launch a user-friendly mobile app for card management
    • Facilitate NFC technology support for contactless payments
    • Offer card usage demonstrations at community events
    • Regularly assess and upgrade payment infrastructure
    • Engage with local authorities for better financial penetration
customer-awarenessdebit-card-incentivesbank-staffmarketing-specialistseducation-and-outreach-teaminfrastructure-development-team
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Strategies and tactics for developing Strategic Mapping Using Diagram

  • ⛳️ Strategy 1: Compile Strategic Initiatives

    • Gather key strategic initiatives from organisational departments
    • Organise initiatives into relevant perspectives: financial, customer, internal process, and learning and growth
    • Engage stakeholders to validate and prioritise the initiatives
    • Define clear objectives associated with each strategic initiative
    • Align each initiative to the overall organisational vision
    • Identify interdependencies between different initiatives
    • Establish key performance indicators for each strategic initiative
    • Review existing strategic maps for inspiration and improvement ideas
    • Engage a diagram software specialist to assist in visual representation
    • Seek feedback from stakeholders on drafted initiative compilation

  • ⛳️ Strategy 2: Design Strategic Mapping Diagram

    • Select a diagram tool that allows for easy sharing and editing
    • Create separate layers for each strategic perspective in the map
    • Use standard shapes and colour codes to represent different elements
    • Input strategic initiatives and their key action points into the diagram
    • Connect related initiatives with lines to show relationships and dependencies
    • Incorporate arrows to indicate the flow of activities and their direction
    • Annotate the diagram to provide clarity and context for each element
    • Ensure the diagram aligns with the organisational objectives and vision
    • Make provision for regular updates and version control of the diagram
    • Seek feedback from a cross-section of employees to refine the map design

  • ⛳️ Strategy 3: Implement and Communicate the Strategic Map

    • Introduce the strategic map to all employees through a formal presentation
    • Share the diagram on a collaborative platform for continuous access
    • Instruct managers to align team goals with the strategic map
    • Develop an FAQ guide to address common questions regarding the map
    • Schedule regular review sessions for updates and improvements
    • Encourage departments to integrate the map into planning activities
    • Use the map to track progress and report on strategic initiative outcomes
    • Conduct workshops to train staff on how to utilise the strategic map
    • Implement a feedback loop for ongoing improvement of the map
    • Celebrate milestones achieved as outlined in the map with staff recognition
strategic-mappingdiagram-visualizationdiagram-specialiststakeholderorganizational-planningstrategic-development
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Strategies and tactics for implementing a Recruitment Strategy for Animal Emergency Australia

  • ⛳️ Strategy 1: Utilise multi-channel sourcing

    • Partner with job boards like Seek, Indeed, and Kookaburra to post job openings
    • Establish partnerships with universities for a steady flow of graduate placements
    • Target international markets such as the UK, US, and Canada through social media campaigns
    • Develop an international recruitment campaign focusing on relocation packages
    • Create video content showcasing AEA as a preferred employer
    • Host webinars and virtual career fairs to engage with potential candidates
    • Build a database of passive candidates for future opportunities
    • Collaborate with international recruitment agencies
    • Utilise employee referrals to access local and international talent
    • Review and analyse recruitment metric data to refine strategies

  • ⛳️ Strategy 2: Enhance employer branding and workplace culture

    • Develop a compelling Employee Value Proposition focusing on professional growth
    • Share regular employee success stories on social media platforms
    • Expand mental health initiatives and psychological support programs
    • Organise regular team-building activities and social events
    • Establish a recognition program to reward outstanding contributions
    • Conduct employee surveys to assess satisfaction and gather feedback
    • Regularly review and adjust compensation to remain competitive
    • Offer employee perks such as pet care discounts and health resources
    • Increase presence on employer-review platforms like Glassdoor to improve ratings
    • Implement communication channels to enhance employee morale and engagement

  • ⛳️ Strategy 3: Improve candidate experience and streamline the recruitment process

    • Create a mobile-friendly application process with minimal steps
    • Implement an AI chatbot for initial candidate queries and FAQs
    • Launch a candidate portal for real-time updates during the recruitment process
    • Ensure feedback is provided to candidates within 5 business days after interviews
    • Develop a structured onboarding program with assigned mentors
    • Conduct 90-day post-hire reviews to assess onboarding effectiveness
    • Monitor application drop-off rates and adjust processes to reduce barriers
    • Implement regular candidate experience surveys to gather feedback
    • Standardise communication templates for timely and consistent messaging
    • Introduce automation tools to schedule interviews and manage candidate workflow
recruitmentemployer-brandingrecruitment-managertalent-acquisition-specialisthuman-resourcesmarketing
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Strategies and tactics for enhancing Developer Compliance and Efficiency

  • ⛳️ Strategy 1: Ensure developer compliance with real estate board regulations

    • Launch the developer compliance portal for real-time registration and monitoring
    • Expand mandatory training programmes for developers on legal standards
    • Increase the number of on-site and surprise inspections
    • Develop and implement an incentive-based compliance rating system
    • Conduct periodic workshops to update developers on regulatory changes
    • Increase collaboration with legal entities to enforce penalties for non-compliance
    • Create informative materials on compliance standards for developers
    • Conduct quarterly compliance audits to ensure adherence
    • Expand the reach of compliance workshops through digital platforms
    • Strengthen internal compliance teams with regular training

  • ⛳️ Strategy 2: Improve internal departmental processes

    • Digitise all document management and approval workflows
    • Enhance staff training in investigative techniques and customer service
    • Develop and implement a standardized compliance checklist
    • Introduce an inter-departmental feedback mechanism to identify and resolve bottlenecks
    • Utilise software tools to track workflow efficiency and identify areas for improvement
    • Monitor and evaluate team performance regularly with KPIs
    • Conduct gap analysis to identify inefficiencies in current workflows
    • Streamline communication between departments with digital platforms
    • Encourage staff suggestions for process improvements through an open forum
    • Develop a recognition programme for staff who propose successful changes

  • ⛳️ Strategy 3: Enhance visibility and communication with developers

    • Implement an SMS and email alert system for compliance updates and deadlines
    • Expand online resources with video tutorials and FAQs
    • Host an annual developer compliance forum for feedback and updates
    • Collaborate regularly with industry associations and financial institutions
    • Develop an active social media presence to share compliance news
    • Create newsletters to update stakeholders on compliance developments
    • Offer online webinars to explain new protocols
    • Increase accessibility to department heads through open office hours
    • Enhance the department's website for easier navigation of compliance info
    • Develop an application for mobile devices to track compliance in real-time
complianceefficiencycompliance-officertraining-coordinatorcompliance-teamit-support-team
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Strategies and tactics for revitalising Housebuilding Demand

  • ⛳️ Strategy 1: Provide financial incentives

    • Offer reduced mortgage rates through partnerships with banks
    • Provide first-time homebuyer tax credits
    • Implement government-backed subsidies for new homebuyers
    • Introduce deferred payment plans for initial years
    • Create schemes for zero down payment for eligible buyers
    • Develop targeted incentives for eco-friendly housing
    • Collaborate with lenders for flexible repayment options
    • Increase grants for low-income families
    • Offer property tax breaks for new constructions
    • Establish energy efficiency grants to reduce long-term costs

  • ⛳️ Strategy 2: Improve marketing and outreach

    • Conduct market research to identify target demographics
    • Launch a national advertising campaign promoting the benefits of new housing
    • Utilise social media influencers to reach younger audiences
    • Host virtual tours and webinars to showcase properties
    • Develop informative content on the benefits of buying now versus waiting
    • Partner with real estate agents to spread awareness
    • Create a referral programme to encourage word-of-mouth promotions
    • Develop an easy-to-navigate website dedicated to new developments
    • Participate in property expos and trade shows
    • Collaborate with local communities to understand and meet their needs

  • ⛳️ Strategy 3: Enhance product offerings

    • Design homes that cater to remote working spaces
    • Introduce modular and customisable housing options
    • Focus on sustainable and energy-efficient building practices
    • Expand the range of affordable housing projects
    • Incorporate smart home technology as a standard feature
    • Offer flexible floor plans to cater to diverse family needs
    • Develop mixed-use communities with accessible amenities
    • Prioritise developments in high-demand areas and commuter belts
    • Explore public-private partnerships to access land
    • Regularly gather feedback to continuously improve product offerings
housebuildingincentivesfinancial-plannermarketing-strategistmarketing-teamshousing-development-teams
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How to track your Incentives strategies and tactics

Having a plan is one thing, sticking to it is another.

Having a good strategy is only half the effort. You'll increase significantly your chances of success if you commit to a weekly check-in process.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

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