This is how the modern day definition of LABOR should look like

Adopted from the following saying of Dan Ariely from his book Predictably Irrational. When we think about labor, we usually think about motivation and payment as the same thing, but the reality is that we should probably add all kinds of things to it – meaning, creation, challenges, ownership, identity, pride, etc.

Negative effects of Division of Labor

Adopted from the following great saying of Dan Ariely from his book Predictably Irrational.. “…[D]ivision of labor, in my mind, is one of the dangers of work-based technology. Modern IT infrastructure allows us to break projects into very small, discrete parts and assign each person to do only one of the many parts. In soContinue reading “Negative effects of Division of Labor”

This is Motivation 3.0 in action

Motivation 3.0 a term coined by Daniel Pink in his book Drive is based on intrinsic motivation.Accordingly to him for work that need creativity and innovation money can lead to opposite results when it comes to motivation since the overarching purpose of doing something larger than life is what motivates these individuals more than money.ThinkContinue reading “This is Motivation 3.0 in action”

Every brand communicates these TWO things

Adopted from the following great saying of Dan Ariely from his book Predictably Irrational.. “Brands communicate in two directions: they help us tell other people something about ourselves, but they also help us form ideas about who we are.”

This is what happens when we live our lives for the service of others

Adopted from the great saying of Dan Ariely from his book Predictably Irrational , shows the positive effects of living our lives for the service of others.. “The things that motivate us are to help other people, to feel that we’re useful, to feel that we’re getting better, to feel that we are kind ofContinue reading “This is what happens when we live our lives for the service of others”

Our behavior when we “Own an Idea”

Adopted from the following great saying of Dan Ariely from Predictably Irrational exposes a quirk in human psychology.. “Ownership is not limited to material things. It can also apply to points of view. Once we take ownership of an idea – whether it’s about politics or sports – what do we do? We love itContinue reading “Our behavior when we “Own an Idea””

We are all prone to telling lies to ourselves

Adopted from the following great insight shared by Dan Ariely in his book Predictably Irrational shows that psychologically all human beings are prone to lie to ourselves in order to feel better.. We all want explanations for why we behave as we do and for the ways the world around us functions. Even when ourContinue reading “We are all prone to telling lies to ourselves”

This is a big lesson learnt from behavioral economics

Adopted from the following saying of Dan Ariely from his book Predictably Irrational.. One of the big lessons from behavioral economics is that we make decisions as a function of the environment that we’re in.

Reflecting on our repeated behavior patterns

This saying from Dan Ariely in his book Predictably Irrational inspires us to reflect on our own behavior day in and day out to understand the pattern and self correct as needed.. “With everything you do, in fact, you should train yourself to question your repeated behaviors.”

This quote shows how the emotional human brain dominates the rational brain

Adopted from the following great saying of Dan Ariely from Predictably Irrational , shows the power of the limbic human brain over the rational brain while making such irrational choices.. “We are all far less rational in our decision-making than standard economic theory assumes. Our irrational behaviors are neither random nor senseless: they are systematicContinue reading “This quote shows how the emotional human brain dominates the rational brain”