How much should I be rewarded for a good idea?
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I have thought of an idea to slove the problem of taking taxi in city area.How much money or what kind of reward should I be rewarded from the govt or the general public if my my solution can work well?
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You have no ideas how many ideas were proposed and yet thrown out.
Somemore you want to ask for reward. LOLx.
Lai lai... tell us your ideas here... -
How about a thank you letter, and a $20 isetan voucher sound to you?
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i think $10 fairprice voucher oniOriginally posted by ditzy:How about a thank you letter, and a $20 isetan voucher sound to you? -
Hate to say this. A thank you letter will be sent to you with the message " Your idea is good, but not good enough for implementation."
Next moment you know,it became idea of some elite chap. -
if you are an elite, you'll be co-opted to be minister and you can then get million dollar salary. Is that good enough for you?
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a peanut
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Hanor, hanor.Originally posted by miserable:Hate to say this. A thank you letter will be sent to you with the message " Your idea is good, but not good enough for implementation."
Next moment you know,it became idea of some elite chap. -
Pm me... if ur solutions can really solve the needs of common people, we go on a profit-sharing basis... How do u think of it?
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how much is a peanut?Originally posted by abao:a peanut -
they will take your proposal and no thank you note.Originally posted by miserable:Hate to say this. A thank you letter will be sent to you with the message " Your idea is good, but not good enough for implementation."
Next moment you know,it became idea of some elite chap.
if it is really good, the one reading your proposal will be taking the credit.
No patent no copyright protect U.. too bad, just LL -
Life is like that ...Haiz nothing is fair...why...why tell me why....?
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I got better idea. Just buy a helicopter.Originally posted by PRP:I have thought of an idea to slove the problem of taking taxi in city area.How much money or what kind of reward should I be rewarded from the govt or the general public if my my solution can work well? -
sound like those officers in the SAF. not only take your ideas and also the hard work you put in and claim they did it themselves.Originally posted by miserable:Hate to say this. A thank you letter will be sent to you with the message " Your idea is good, but not good enough for implementation."
Next moment you know,it became idea of some elite chap. -
What many of u says is quite true but negative. They don't help.Thanks anyway.
How about constructive ideas,folk? -
So you prefer 2 $10 ntuc or isetan vouchers?
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Members,
I'm not asking what will or would I be rewarded but asking what should I be rewarded.Can u see the difference? -
hi PRP,
This is a serious stab at ur question....Personally i'm convinced bottom-driven improvement is extremely important but often neglected or even deliberately suspressed. People in stations nearer to the ground level, i.e. those who have not risen to the level of pure management, by virtue of their firsthand knowledge, have much insight, creativity and capability to offer in crafting better policies and work processes. That's precisely why such citizen-driven ideas ought to be actively sought after and rewarded, to encourage it.
11th Nov, Straits Times reports that of the 15,000 WITS (Work Improvement Team Schemes), 95% were adopted, resulting in monetary terms alone savings of $252m. Of the 445,000 ideas submitted under the Staff Suggestion Scheme(SSS), adoption rate is 85% and the resultant savings are $183m.
A crude calculation shows that the average monetary savings per idea is
WITS=262m/(95 of 15,000)= $17700/idea.
SSS=183m/(85% of 445,000) = $480/idea.
Incidentally, the above excludes intangibles or hard to quantify measures like increase in happiness and morale and decrease in number of mistakes etc.
So PRP, with respect to your question, the average well researched and comprehensive workable idea that is developed into a practical solution would be worth about $17,000. If Govt pays a 5% commission to the author, it would be $850.
I haven't really developed this idea yet but i guess it's a nice starting point. So what do u people think? -
Very good idea. I like.
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WITs is mostly useless and a waste of time because a lot of organisations FORCE their people to do it.
I know.. I'm one of them.
We're forced to come up with 2 per year. Thing is, we've already made the improvement and everything else is reverse engineering.
But that's beside the point.
Ideas in Singapore are usually stolen by the gabrament.
Look at the "canteen on wheels" idea. The guy went to get the licenses, and instead of getting a little bit of protection for his ideas, the idiots went and opened the thing to the general public. The guy who came up with the idea didn't even get the license and others did.
Sometimes, I think those gabrament idiots who keep harping on "entrepreneurship" have no idea what they're talking about and the entrepreneur usually gets burnt by the very authorities they go see license for. -
Give him p-membership if he can get this topic into nextweek's webthread.
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a $50 CD voucher.
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Thank you very much.I think it is not easy to think out an answer like yours.Yes, your idea is a starting point.Originally posted by gartheven2000:hi PRP,
This is a serious stab at ur question....Personally i'm convinced bottom-driven improvement is extremely important but often neglected or even deliberately suspressed. People in stations nearer to the ground level, i.e. those who have not risen to the level of pure management, by virtue of their firsthand knowledge, have much insight, creativity and capability to offer in crafting better policies and work processes. That's precisely why such citizen-driven ideas ought to be actively sought after and rewarded, to encourage it.
11th Nov, Straits Times reports that of the 15,000 WITS (Work Improvement Team Schemes), 95% were adopted, resulting in monetary terms alone savings of $252m. Of the 445,000 ideas submitted under the Staff Suggestion Scheme(SSS), adoption rate is 85% and the resultant savings are $183m.
A crude calculation shows that the average monetary savings per idea is
WITS=262m/(95 of 15,000)= $17700/idea.
SSS=183m/(85% of 445,000) = $480/idea.
Incidentally, the above excludes intangibles or hard to quantify measures like increase in happiness and morale and decrease in number of mistakes etc.
So PRP, with respect to your question, the average well researched and comprehensive workable idea that is developed into a practical solution would be worth about $17,000. If Govt pays a 5% commission to the author, it would be $850.
I haven't really developed this idea yet but i guess it's a nice starting point. So what do u people think?