This quote explains the danger of “Expecting Nothing”

Adopted from the following great quote of Dan Ariely , book name Predictably Irrational.. “The danger of expecting nothing is that, in the end, it might be all we’ll get.”

This quote explains why Motivation 3.0 is so relevant in the modern era

Motivation 3.0  a term coined by Daniel Pink in his book Drive , is based on intrinsic motivation.. This motivational technique is based on rewarding our natural instinct of engagement rather than expecting compliance.. The same has been endorsed by Dan Ariely in his book Predictably Irrational..The following quote related to the same has beenContinue reading “This quote explains why Motivation 3.0 is so relevant in the modern era”

This quote explains the prominence of Open Source Community

Dan Pink in his book Drive mentions about the fact that Motivation 3.0 is based on intrinsic motivation.. This explains the reason why in the age of knowledge worker more and more people are willing to work towards a cause without being solely motivated by money.. The same has been endorsed by Dan Ariely inContinue reading “This quote explains the prominence of Open Source Community”

This quote reiterates the fact that money cannot buy true will

Adopted from the following quote of Dan Ariely , book name Predictably Irrational…. “MONEY, AS IT turns out, is very often the most expensive way to motivate people. Social norms are not only cheaper, but often more effective as well.” The same has been highlighted in details by Simon Sinek in his book The InfiniteContinue reading “This quote reiterates the fact that money cannot buy true will”

This quote conveys the negative effects of extrinsic rewards

Adopted from the following quote of Dan Ariely from Predictably Irrational.. This quote highlights the fact that beyond a threshold , extrinsic rewards can cause detrimental effects.. “People are willing to work free, and they are willing to work for a reasonable wage; but offer them just a small payment and they will walk away.”Continue reading “This quote conveys the negative effects of extrinsic rewards”

“Predictably Irrational” by Dan Ariely – Some irrational habits

Lot of food for thought after having read this wonderful book. A look at some of our irrational habits –  Seller always values his possessions much higher than the buyer anticipates A high priced items always seems more lucrative to solve a problem than a similar but discounted item e.g. medicines. Having too many choicesContinue reading ““Predictably Irrational” by Dan Ariely – Some irrational habits”

“Predictably Irrational” by Dan Ariely – Some key takeaways

Decoy effect – Introducing a –VE of something , as a decoy , can influence choice/human behavior  when that something is pitched against some other option. Anchor effect – First impression is always the best impression , and can influence all our decisions relative to that impression. Gravitational pull of FREE – We agree withContinue reading ““Predictably Irrational” by Dan Ariely – Some key takeaways”