“Carrot and Stick” method of motivation and its drawbacks

The following are major drawbacks of Motivation 2.0 i.e. Carrot and Stick Motivation.

  1. We are intrinsically motivated purpose maxi misers rather than extrinsically motivated
  2. It is not in line with the knowledge worker concept of 21st century economics
  3. Modern day work is increasingly becoming more creative , interesting and self directed.

Adopted from Daniel Pink’s book Drive