Tag: Extrinsic rewards
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Is your REWARD and RECOGNITION system SOLELY based on EXTRINSIC REWARDS?Time to REVAMP the SYSTEM..
Adopted from the following great insight shared Daniel Pink from the book Drive “IF-THEN extrinsic rewards have the sole purpose of short term benefits by stimulating desired behavior or compliance for doing routine bound , dreary tasks.Upon realization that an environment is not suited for IF-THEN rewards , extrinsic rewards should be made unexpected and…
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Have you made the MISTAKE of using EXTRINSIC REWARDS to stimulate INTRINSIC MOTIVATION?This is why you still have a CHANCE..
Adopted from the following great insight shared by Daniel Pink from the book Drive IF-THEN extrinsic rewards have the sole purpose of short term benefits by stimulating desired behavior or compliance for doing routine bound , dreary tasks. Upon realization that an environment is not suited for IF-THEN rewards , extrinsic rewards should be made…
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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 seemed…
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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 hence…
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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 and…
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How do extrinsic rewards make sense in the knowledge worker age?
The following is a key insight from Daniel Pink’s book Drive, that throws light as to how extrinsic rewards make sense in the modern knowledge worker age. “An extrinsic reward should be unexpected and offered only after the task is complete.”