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 endorses intrinsic motivation

Intrinsic motivation is central to Motivation 3.0 as mentioned by Daniel Pink in his book Drive.. The following great quote of Seth Godin endorses the fact that intrinsic motivation is here to stay in the modern era: “The most successful givers aren’t doing it because they’re being told to. They do it because doing itContinue reading “This quote endorses intrinsic motivation”

IQ or EQ, what complements intrinsic motivation?

IQ or Intelligence Quotient is related to Performance.Intelligence alone can be able to do things that are already known in a more efficient manner. For doing “left brain” algorithmic tasks for which very less of collaboration and brain storming is needed , extrinsic motivation based rewards work as the best solution. For doing right brainContinue reading “IQ or EQ, what complements intrinsic motivation?”

Applying the same motivational principles for “Left” & “Right” brain work

For left brain , dreary , routine bound work ideally Carrot and Stick based motivation has been historically used to drive results.. IF-THEN awards for giving the necessary behavior and punishment by prohibiting non compliance has been very successful in the age of industrial revolution. Now that we know that in the modern age ofContinue reading “Applying the same motivational principles for “Left” & “Right” brain work”

What is the driver behind creating “B corporations”?

B Corporation is a designation that requires companies to amend their bylaws so that the incentives favor long term value and social impact instead of short term economic gain. The creation of such a corporation bears ample testimony to the fact that modern day human beings are driven by intrinsic motivation rather than extrinsic shortContinue reading “What is the driver behind creating “B corporations”?”

How to offer praise to trigger intrinsic motivation?

The following 4 ways mentioned by Daniel Pink in his book Drive explain us how to offer praise in order to ensure that intrinsic motivation based behavior is triggered to encourage creativity and innovation at workplaces: Praise EFFORT , STRATEGY and NOT INTELLIGENCE Make PRAISE SPECIFIC PRAISE in PRIVATE Offer PRAISE only when there isContinue reading “How to offer praise to trigger intrinsic motivation?”

The DNA of a “intrinsically motivated” approach

The key ingredients of a Type I driven intrinsically motivated approach to stimulate creativity and innovation in the modern day of the knowledge worker are as follows: Create an environment that makes people feel good about participating Give users requisite autonomy Keep the system as open as possible Adopted from Daniel Pink’s book Drive

How Motivational Themes have evolved over time

To stimulate desired behavior in human , motivation is a key need. Right from the caveman times to the modern age of drones , motivation has existed but evolved over ages. During caveman times , the primary ask was to save lives from other stronger and deadly wild creatures.The Motivation 1.0 model was stimulated byContinue reading “How Motivational Themes have evolved over time”

Motivation 3.0 explains the existence of a L3C company

A L3C company or low-profit limited liability company (L3C) is a legal form of business entity in the United States for-profit, social enterprise venture that has a stated goal of performing a socially beneficial purpose, not maximizing income For details please refer to the following link on Wikipedia. https://en.wikipedia.org/wiki/Low-profit_limited_liability_company Creation of these companies bears ample testimony to the fact that humanContinue reading “Motivation 3.0 explains the existence of a L3C company”

“Carrot and Stick” method of motivation and its drawbacks

The following are major drawbacks of Motivation 2.0 i.e. Carrot and Stick Motivation. We are intrinsically motivated purpose maxi misers rather than extrinsically motivated It is not in line with the knowledge worker concept of 21st century economics Modern day work is increasingly becoming more creative , interesting and self directed. Adopted from Daniel Pink’sContinue reading ““Carrot and Stick” method of motivation and its drawbacks”