TRIPLE III TIME: R-O-P…Not Just R-O-I! (Return-On-PARTICIPATION)

We have all heard about and experienced the term:  Return-On-Investment…Right?  This phrase simply means:

“The return is the profit you make as the result of your investments.”

And I believe we have also directly or indirectly considered our own Return-On-Investment status…especially when it affects our pocket-book!  But today I want to shift everyone’s professional focus by changing just one word in this traditional expression.  Creatively, this TRIPLE III TIME is going to address the benefits of your:

Return-On-PARTICIPATION!

“The return is the PROGRESS you make as a result of your PARTICIPATION.”

My definition…but think about it!?

First whether you are meeting with someone or a group…people really do appreciate your participation in a professional discussion.  Not only do they benefit from hearing your input on the issue at hand…but you also gain greater understanding on what a person/group wants to happen and/or the best outcome given certain circumstances.

IMG_9288Second, there is always a gain of mutual respect that comes to you as a Return-On-PARTICIPATION result.  This return may not be directly noticeable, but will be reflected in a colleague’s discussion with others.  They may indicate that you had solid recognition of the challenge issues and offered quality responses to questions/concerns.

Finally your Return-On-PARTICIPATION may be gained through a more open opportunity to share innovation/creativity concepts.  Too often co-workers, colleagues and/or business partners are hesitant to share new ideas.  Consider how many might benefit from yourinterest in their initiative.  How progressively helpful it would be if everyone adopted a Return-On-PARTICIPATION engagement practice every time…everywhere.

Do you follow a R-O-P strategy??

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About Inspiring Innovations, Inc.

Marv Pichla is currently the owner and Creative Advisor for his own small business, Inspiring Innovations, Inc. Sharing his unique experience with entrepreneurship and innovation in public service, Marv consults with public and private business, education, and community organizations to develop new and different problem solving methods through real-life example-based learning. Prior to starting-up Inspiring Innovations, Inc. Marv served as Executive Director for Thumb Area Michigan Works! As Executive Director, Marv used public sector innovation as his guide for the organizations regional career development, employment service, education and strategic planning initiatives. Finally, Marv was raised on a farm in the Thumb Area of Michigan where he claims he received the education principles he values most. However, he obtained his Bachelors and Masters Degrees from Center Michigan University in Public Administration and eventually his Ph.D. from Capella University in Minnesota. Marv can be reached at: mpichla@inspiringinnovationsllc.com

Posted on July 5, 2024, in Triple III. Bookmark the permalink. Leave a comment.

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