Cash, Pizza or a Compliment... You Pick
DarrenDaily On-Demand
Darren Hardy LLC
4.9 • 1.8K Ratings
🗓️ 15 December 2021
⏱️ 8 minutes
🧾️ Download transcript
Summary
A smart leader knows how to offer opportunities for meaning, self-pride, connection, and meaningful contribution. To help guide you on doing this better, Darren shares a story about lab experiments on the effectiveness large bonuses had on work performance.
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Transcript
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| 0:00.0 | Welcome to Darin Daily On Demand, your most trusted resource to help you become better |
| 0:06.3 | every day. |
| 0:07.3 | Here's your success mentor, Darin Hardy. |
| 0:13.4 | So I mentioned in yesterday's session how motivating others is a lot more complex and |
| 0:17.8 | nuanced than you might expect. |
| 0:20.3 | Often, it is contrary actually to what it is that you think or what it is that you have |
| 0:25.1 | been taught. |
| 0:26.2 | To wrap up this week talking about how to positively motivate others, I will share |
| 0:30.3 | one small example about what I mean by nuanced and unexpected. |
| 0:35.3 | Many years ago, four of the world's most renowned human behavior scientists conducted lab |
| 0:39.9 | experiments on the effectiveness of large bonuses and the impact it had on work performance. |
| 0:46.2 | One of their main findings was that when the bonus size became very large, performance |
| 0:51.5 | decreased dramatically. |
| 0:54.0 | That was just a lab result. |
| 0:55.8 | So they wanted to see how this might play out in the real world and in the real marketplace. |
| 1:01.1 | So they engaged the mega semiconductor manufacturing company Intel in their experiment. |
| 1:07.1 | It took place at an Intel production facility where they assembled the actual computers chips. |
| 1:12.0 | They ran four different motivational incentives. |
| 1:15.5 | One was a monetary bonus. |
| 1:17.3 | On the first day of their work cycle, each employee was greeted by a message from their |
| 1:20.8 | boss that read, |
| 1:21.9 | Good morning. |
... |
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