At Lululemon, employees are taught strategies on goal-setting. Employees create a 10-year plan, and then work to develop their personal goals, which are hung in the stores. Lululemon created the “Fund a Goal” program for their high-performing employees. This incentive pays for these employees to achieve one of the goals on their list.
COMPANY CULTURE INDEX
A database of company culture initiatives to learn from and be inspired by.
Fund a Goal
Benefits
Increases employee engagementSupports a strong internal community
Provides motivation to achieve goals
Supporting Resources
https://www.entrepreneur.com/article/241667
https://www.mckinsey.com/business-functions/organization/our-insights/the-organization-blog/how-effective-goal-setting-motivates-employees
People
1+
Length
N/A
Difficulty
Easy
Prep Time
Less than 1 day
