SOCITM (Society of Information Technology Management)
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Should local public services introduce financial rewards for innovation?

Why should local public services not reward individuals or teams whose innovations may save millions of pounds for their organisation with say, 10% of the value from what they have created? 

This ‘extremely challenging proposition’ is posed at the end of The conditions for successful innovation, a new report written by Socitm for CIOs and heads of ICT.

The report, which is about creating environments within which innovation might flourish, points out that adopting private sector practice, in which successful innovation is rewarded by wealth accruing to its owners and stakeholders, would provide essential motivational carrots.

They would also overcome the obvious personal, organisational and public value self-limiting barrier that operates in public services of, ‘Why should I innovate myself and my team out of job to the benefit of the others who will remain?’ 

The conditions for successful innovation: a summary of current academic thinking with practical case studies is a detailed 56-page report providing a unique blend of information, advice and guidance for CIOs and heads of IT in local public services. It is available free of charge to Socitm Insight subscribers on the Socitm website. Others may order the report for £150 + VAT (Socitm members £125 + VAT).

Channel website: https://www.socitm.net/

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