Dan Pink on Motivation

I haven't posted as much lately as MBA school has been a little more time-consuming than I thought (although I'd say within one standard deviation of the expected mean for the average time I thought I'd be spending--there's my plug for our Statistics class) ;)

Here's a very intriguing video our professor for Leading People and Organizations played for us. The class discussion centered around motivating employees--pay and other intangibles that motivate us to work. Bottom line: money only goes so far in motivating employees. If money is your only motivator, you're gonna have problems. In other words, there have to be more motivating factors. Employees must receive enough compensation to make compensation a non-issue so that people find their work rewarding for reasons that transcend monetary compensation. This also comes from  Harvard Business Review's "Six Dangerous Myths About Pay" by Jeffrey Pfeffer (more on that to come).

This video, a whiteboard animation adapted from a TED talk (I believe), sums up our discussion from some thoughts from Dan Pink.