Why Extrinsic rewards lead to ethical fading

Adopted from the following great insight shared by Daniel Pink , the author of Drive.. “The problem with making an extrinsic reward the only destination that matters is that some people will choose the quickest route there, even if it means taking the low road. Indeed, most of the scandals and misbehavior that have seemedContinue reading “Why Extrinsic rewards lead to ethical fading”

Understanding the negative impacts of extrinsic rewards

Via fMRI techniques it has been observed by doctors the world over that extrinsic rewards act as an enticement to addict humans in order to pursue risk seeking behavior. The enticement of rewards stimulate the flow of dopamine and excite an area of brain known as Nucleus Accumbens.Since this is a dopamine driven addiction henceContinue reading “Understanding the negative impacts of extrinsic rewards”

Motivational techniques for stimulating routine work

Routine bound work , dreary , mundane work is something we associate with work that is outsourced to developing countries as well as factories the world over. Since the work is routine , monotonous hence workers need to be continuously motivated to drive desired results. For Left Brain oriented work where work is routine andContinue reading “Motivational techniques for stimulating routine work”

Making sense of extrinsic rewards in the knowledge worker age

The following is a key insight on extrinsic rewards and their applicability in the modern knowledge worker age , adopted from Daniel Pink’s book Drive. “An extrinsic reward should be unexpected and offered only after the task is complete.”