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Successful Management by Motivation: Balancing Intrinsic and Extrinsic Incentives

Successful Management by Motivation: Balancing Intrinsic and Extrinsic Incentives

Paperback

Series: Organization and Management Innovation

EconomicsManagement

ISBN10: 3642076238
ISBN13: 9783642076237
Publisher: Springer
Published: Dec 6 2010
Pages: 306
Weight: 0.99
Height: 0.67 Width: 6.14 Depth: 9.21
Language: English
Motivated people are crucial to create a sustainable competitive advantage for your company. Successful Management by Motivation shows that in a knowledge-based society, this goal cannot be achieved by extrinsic motivation alone. Pay for performance often even hurts because it crowds out intrinsic motivation like work morale. To succeed, companies have to find ways of fostering and sustaining intrinsic motivation. With the help of in-depth case studies, representative surveys, and analyses based on a large number of firms and employees, this joint work of business researchers and economists identifies the various aspects of motivation in companies and shows how the right combination of intrinsic and extrinsic motivation can be achieved.

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