Category: Entrepreneurial
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Why Motivation 2.0 worked in the age of Industrial Revolution?
Motivation 2.0 coined by Daniel Pink in his book Drive is another name for the “Carrot and Stick” method of motivation that became very widely accepted during the age of industrial revolution. The definition of Motivation 2.0 is as follows: “REWARDING an activity will get you MORE of it. PUNISHING an activity will get you…
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“Algorithmic” vs “Heuristic” Tasks & contrasting motivational needs
Algorithmic tasks are those where we follow a set of instructions and reach a conclusion. Creativity and ad campaigns are mostly heuristic where the ask is to come up with something new. Whereas algorithmic tasks need “Left Brain” , heuristics need “Right Brain” orientation. Hence for algorithmic tasks , Motivation 2.0 or Reward and Punish…
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The common thread that binds “Firefox” , “Wikipedia” ,”Linux”
All of “Firefox” , “Linux” , “Wikipedia” , “Apache” are open source platform where contributors freely collaborate and share their work with fellow enthusiasts with a JUST CAUSE in mind without expecting monetary benefits. This is a classical example of how “Intrinsic Motivation” in the modern age makes money , rewards and the Carrot and…
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What Atlassian’s “FedEx Day” teaches us?
Atlassian’s FedEx Day program wherein the employee is allowed to try , experiment and present his/her own idea is a great example of nurturing intrinsic motivation in employees. This has been mentioned in more details by Daniel Pink in his book Drive. The following link aptly highlights the innovative program undertaken by Atlassian to nurture…
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The ill effects of having Performance Goals as the only means to motivate people
Performance goals so common with the carrot and stick approach of motivating employees , may cause systematic problems due to narrowed focus , unethical behavior , increased risk taking , decreased co-operation and decreased intrinsic motivation. Hence before applying these goals in an organization due care must be exercised depending on the job at hand.…
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How to create a work environment with “Intrinsically Motivated” people
The need of the hour is intrinsically motivated Type I people who are adept at doing “right brain” oriented work in the best possible. The following three principles when adopted in a workplace ensures the nurturing of such intrinsically motivated people. Create an environment where people feel good to participate and feel engaged Give people…
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Conducting an “Autonomy Audit” to get the best out of people
The best and most innovative organizations wherein a lot of stress is on doing “Right Brain” oriented work , giving more autonomy to the people goes a long way in intrinsically motivating the people. The essential questions that form part of an “Autonomy Audit” are as follows: How much AUTONOMY does an employee have over…
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Motivation 3.0 unleashes our natural abilities
Motivation 3.0 the new age motivational operating system , a term coined by Daniel Pink in his book Drive is driven by nurturing intrinsic motivation in human beings. The new age motivational operating system focuses on engagement and learning goals as opposed to compliance and performance goals needed by the carrot and stick method adopted…
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The three key insights about “Mastery”
Mastery has the following three key components: Mastery is a mindset – Being optimistic about reaching Mastery is a pre-requisite Mastery is a pain and needs a lot of sacrifice via deliberate practice Mastery is asymptotic where the end seems possible to reach but can never be fully attained. Mastery being a key component of…
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Key takeaway from “Drive” by Daniel Pink
Make “Carrot and Stick” method of motivating people a thing of the past. The modern day economy is powered by intrinsic motivation focused on Autonomy , Mastery & Sense of Purpose