How can a company ensure that their formal recognition program is aligned with the core values and objectives of the organization in order to maximize its impact on employee motivation and morale?

Morale
A company can ensure that their formal recognition program is aligned with the core values and objectives of the organization by clearly defining the behaviors and achievements that are valued and recognized. This can be done through regular communication and training on the core values and objectives. Additionally, feedback from employees can be gathered to understand what types of recognition are most meaningful to them and align these with the program. Finally, tying the recognition program to performance evaluations and career advancement opportunities can further reinforce alignment with the organization's goals.