Monday, November 16, 2009

If you want your company to be innovative, using carrot and stick incentives aren't going to work

Dan Pink, previously Al Gore's speechwriter, displays evidence found that when doing innovative tasks, using monetary incentives actually has a detrimental effect in getting the task accomplished. Carrots like monetary incentives only work for routine tasks that have very focused rules and don't require right brain thinking.

He also provides even more examples of organizations that use things like letting employees work on what they want, when they want, and where they want to accomplish great things. That kind of autonomy is the right incentive to inspire creative work.

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