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If Money Doesn't Motivate, What Does? Tapping into discretionary effort

If Money Doesn't Motivate, What Does? Tapping into discretionary effort

FromNo Bullsh!t Leadership


If Money Doesn't Motivate, What Does? Tapping into discretionary effort

FromNo Bullsh!t Leadership

ratings:
Length:
17 minutes
Released:
May 7, 2019
Format:
Podcast episode

Description

Episode #36 // We spoke in Episode 30 about remuneration, and how leaders should view the role of pay rises and bonuses in motivating their people to perform. Although bonuses can provide an effective performance incentive, there are many other ways to elicit people’s discretionary effort.So what do you do when you can’t throw money at people to get the results you need? This episode deals with the things that will motivate your people to perform and deliver value, no matter what is happening to their pay packet.We explore the principle that ‘the money is the money’, and that it is far easier to hire people who are intrinsically motivated, than it is to try to drag people kicking and screaming to deliver discretionary effort.Finally, we offer seven practical suggestions for motivating people without using financial incentives to bring out their best. You can download these in a PDF version for free at www.yourceomentor.com/episode36 See acast.com/privacy for privacy and opt-out information.
Released:
May 7, 2019
Format:
Podcast episode

Titles in the series (100)

No Bullsh!t Leadership is a podcast for leaders who want to become truly exceptional. Each week, your host, Wall Street Journal Bestselling author Martin G Moore, shares the secrets of high performance leadership; the career accelerators that you can’t learn in business school, and your boss is unlikely to share with you. Step away from the theoretical view on leadership, and learn from a successful CEO who’s already walked the path. See acast.com/privacy for privacy and opt-out information.