I worked at a vary traditional company that had a "peer recognition" system you could use to send bonuses for colleagues to reward them for going above and beyo

I worked at a vary traditional company that had a "peer recognition" system you could use to send bonuses for colleagues to reward them for going above and beyond. Sounds good on paper, and execs love to brag about how this brings people together to recognize excellence and talent and blah blah blah, but what really happens is that people start to condition their work to your likeness to recognize them. If you are known to send bonuses often, your requests are magically fulfilled. If you are not into it, prepare to have support tickets forgotten for months. In the end, you can't expect much from increasingly large groups of people. Eventually interests will diverge and self interest will prevail, politics will emerge and abuses will happen. Some kind of governance is required to counterbalance that, even if it usually fails catastrophically.