Motivation Excellence Purchase of Viktor Incentives Signals Continued M&A Activity in IRR Field
As predicted by RRN, the pandemic has helped promote continued mergers and acquisition as well as investment activity in the field of incentives, rewards, and recognition.
Motivation Excellence, headquartered in Schaumburg, Illinois, has announced the acquisition of VIKTOR Incentives & Meetings, located in Traverse City, Michigan.
David Jobes, owner and CEO of Motivation Excellence, says in a company statement, ‘We have always been excited about our industry-leading Motivation Excellence team, and since taking ownership in 2018, I’ve looked forward to expanding and bringing our exceptional incentive solutions to more companies looking to inspire extraordinary performance.” Jobes began working for the company 30 years ago.
Mark Bondy, owner and President of VIKTOR, explains, “I worked with David and Motivation Excellence before joining Viktor Weyand Travel Services in 1996. We kept in touch over the years, and he was the first person I thought of when I began the process of deciding what was next.”
Bondy became an owner of the rebranded VIKTOR in 2009. He has been an active member of the incentive industry for more than 35 years, including being named the SITE International Foundation Research Chair in 2013. He plans to stay active with Motivation Excellence for some time to help coordinate the transaction.”
Combined, Motivation Excellence and VIKTOR have 85 years’ experience delivering travel, meetings, events, and points-based reward and recognition programs. According to the announcement, the two companies share extensive experience helping clients in health care, building supply, automotive, insurance, veterinary, electrical, and fire safety. Jobes will retain the Traverse City location and its employees but will rebrand VIKTOR as Motivation Excellence. Motivation Excellence also has office locations in Wisconsin, Missouri, New Jersey, South Carolina, and Florida.
Education, Certifications, and Information to Activate
Brand Media and Enterprise Engagement
A complete learning, certification, and information program and a course syllabus for educators.
Resources: The Brand Media Coalition, the only guide to the story-telling power of brands and where to source them for business, event, promotional gifting, and rewards and recognition. Enterprise Engagement Solution Provider Directory. The only directory of engagement solution providers covering all types of agencies and tactics as well as insights on how to select them.
Communities: The Enterprise Engagement Alliance and Advocate and the Brand Media Coalition free resource centers offering access to the latest research, news, and case studies; discounts, promotions, referrals, and commissions, when appropriate to third-party solution providers from participating coalition solution provider members.
Training and Certification
Enterprise Engagement Alliance Education: Certified Engagement Practitioner; Advanced Engaged Practitioner, and Certified Engagement Solution Provider learning and certification programs on how to implement Stakeholder Capitalism principles at the tactical level.
International Center for Enterprise Engagement: The only training and certification program for ISO 30414 human capital reporting and ISO 10018 quality people management certification.
The EEA offers a complimentary course syllabus for educators.
In Print:
This is the definitive implementation guide to Stakeholder Capitalism, written specifically to provide CEOs and their leadership teams a concise overview of the framework, economics, and implementation process of a CEO-led strategic and systematic approach to achieving success through people. (123 pages, $15.99)
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Online:
10-minute short course: click here for a 10-minute introduction to Enterprise Engagement and ISO standards from the Coggno.com learning platform.
Services:
• The Engagement Agency at EngagementAgency.net, offering: complete support services for employers, solution providers, and technology firms seeking to profit from formal engagement practices for themselves or their clients, including Brand and Capability audits for solution providers to make sure their products and services are up to date.
• C-Suite Advisory Service—Education of boards, investors, and C-suite executives on the economics, framework, and implementation processes of Enterprise Engagement.
• Speakers Bureau—Select the right speaker on any aspect of engagement for your next event.
• Mergers and Acquisitions. The Engagement Agency’s Mergers and Acquisition group is aware of multiple companies seeking to purchase firms in the engagement field. Contact Michael Mazer in confidence if your company is potentially for sale at 303-320-3777.
Enterprise Engagement Benchmark Tools: The Enterprise Engagement Alliance offers three tools to help organizations profit from Engagement. Click here to access the tools.
• ROI of Engagement Calculator. Use this tool to determine the potential return-on-investment of an engagement strategy.
• EE Benchmark Indicator. Confidentially benchmark your organization’s Enterprise Engagement practices against organizations and best practices.
• Compare Your Company’s Level of Engagement. Quickly compare your organization’s level of engagement to those of others based on the same criteria as the EEA’s Engaged Company Stock Index.
• Gauge Your Personal Level of Engagement. This survey, donated by Horsepower, enables individuals to gauge their own personal levels of engagement.
For more information, contact Bruce Bolger at Bolger@TheEEA.org, 914-591-7600, ext. 230.
