I came across this talk by Daniel Pink, the author of Drive, a book about what science is telling us about what really motivates us. The talk took place at the Royal Society for the encouragement of Arts, Manufactures and Commerce (RSA) in London at the end of January this year. However, what the RSA has done (it’s part of a series they are doing) is to animate the talk. Below is the animated version of the talk. It’s brilliant!
Dive in to the animation. It’s 10 minutes long but really worth it. For all of you that want a quick overview, I written one below.
Ok. Hope you enjoyed the video. Great, isn’t it?
Now, I quick overview of what Daniel was talking about:
Money is a motivator in that you have to pay people enough to meet minimum requirements and if you don’t pay people enough then they won’t be motivated. So, pay people enough to start with so that it is not an issue.
However, one of the really interesting things that he found is that money is only really a motivator when the tasks involved are simple, straightforward tasks ie. complete this process or task X number of times and you will get this. When the task requires more complicated, conceptual, creative thinking then money as a motivator, assuming you have met the minimum requirements, does not work.
In this situation, he found that there are 3 factors that lead to better performance and higher motivation:
I hope that you liked this talk as much as I did. I think the key issues/questions that came out of this for me are:
I’d like to hear your thoughts on the above and if you liked the video. Post a comment or send me an email.
Thanks to Mi Pah for the image.
2 Comments
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RT @adrianswinscoe: New Blog Post Are you using money or bonuses to motivate your people? Are you paying your people too m.. @ http://bit.ly/9TKgUk Please RT 🙂