Created from Youtube video: https://www.youtube.com/watch?v=rrkrvAUbU9YvideoConcepts covered:Dan Pink, law school, candle problem, intrinsic motivators, autonomy
Dan Pink confesses his regret of attending law school and presents the candle problem to make a case for rethinking business motivation. He argues that intrinsic motivators like autonomy, mastery, and purpose are more effective than extrinsic rewards like bonuses and commissions.
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The puzzle of motivation | Dan Pink | TED
Concepts covered:Dan Pink, law school, candle problem, intrinsic motivators, autonomy
Dan Pink confesses his regret of attending law school and presents the candle problem to make a case for rethinking business motivation. He argues that intrinsic motivators like autonomy, mastery, and purpose are more effective than extrinsic rewards like bonuses and commissions.
Question 1
What should businesses focus on for high performance?
Question 2
Why did incentives hinder performance in the candle problem?
Question 3
What are extrinsic motivators?
Question 4
What is intrinsic motivation?
Question 5
Which type of motivation is more effective for creativity?
Question 6
What did LSE find about financial incentives?
Question 7
What is the mismatch between science and business?
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