Sometimes, somebody says something and you just have to say… “that is really cool.” That happened when I read a post on the blog The Big Picture, authored by Barry L. Ritholtz. His post made me think about one of the biggest opportunities that companies have to be successful. But he does it in a way that really makes you …
Is There a Difference Between Intrinsic and Extrinsic Motivation?
Dear Fistful of Talent: “Is there a difference between intrinsic and extrinsic motivation?” Yes Virginia, there is a difference. First – motivation is an internal thing. You cannot create motivation – you can create an environment where people are motivated to focus on the objectives you want. This is not a minor point. Many times clients will ask… “how do …
The Paycheck – A Lousy Management Tool…
I was looking for a profound way to discuss the importance of reward and recognition within an organization and bumped up against a post on Fast Company, highlighting a discussion with David Glazer, an engineering Director at Google. The discussion centered around how Google maintains its creative culture and innovative edge. From the article: "There’s an old Peter Drucker line …
Incentives in Your Company – Doing “With” vs. Doing “To”…
The typical process for developing and launching an incentive and recognition strategy at a company goes like this: BOSS: “We need to motivate the troops. We need to provide an incentive to do ‘X.’ Let’s put some incentives in place – and while we’re at it – create a recognition program that changes the culture around here. We need a …
The Soul of An Incentive Program – Why Debit Cards Don’t Deliver Rewards Impact…
I ended up tripping down memory lane this past week after watching "Across the Universe" – if you’re a Beatles fan – it’s a must see. While it is hard to improve on the original songs, the soundtrack is great! The movie traces the activities, of a group of characters, roughly mirroring the time of the Beatles. Watching that …
Engaging Your New Age Employees Through Incentives….
You would have to be living under a pretty big rock to miss the discussion about Generation Y, Millenials and Gen X taking over the business world. As we head into a substantial generational change-over with Boomers exiting and a whole “new” type of employee entering – most managers (if they are staying around) are a bit anxious. Much of …