That got your attention. Many have read Daniel Pink's interesting popularization of some research studies that claim money can sometimes be a de-motivator. (Drive: The Surprising Truth About What Motivates Us.) Here is Pink in a TEDTalk presenting his experience writing the book:
Recently, Russ Roberts had an extended discussion with Daniel Pink over at EconTalk.org. I found it to be engaging. The conversation provides a richer exploration of the ideas in Drive than just reading the book itself. I admire Roberts' ability to question and challenge in a way that promotes learning and discovery in conversations - something we should all strive to emulate.
If you manage an organization, large or small, for profit or non-profit, I encourage you to consider the following questions as you read, watch, or listen to all (or any) of the above:
- What is the purpose of compensation?
- What is the role of vision, decision rights, knowledge processes, and virtue and talents in the determination of compensation?
- Remember that whatever the "game" being played, there is always a bigger game being played around it. Consider the larger questions: what is the role of business in society? What does it mean to have a job?
I hope some of these questions help you dive even deeper into the material to make it more useful. Feel welcome to comment and start a discussion around any of the above.