11 Jun 2010

Dan Pink on the surprising truth about what motivates us

Dan Pink, author of Drive, talks about the three factors that motivate us to increased performance and personal satisfaction. Surprisingly money is not one of the factors that motivate us. In fact he claims that monetary incentives lead to decreased performance.

The three factors that lead to better performance are:

1. Autonomy
2. Mastery
3. Purpose

Autonomy gives us self-direction, which increases our engagement to an activity and thus increases our motivation. Getting better at a task or activity is satisfying and that drive for satisfaction increases our motivation. A purpose, a vision or a goal makes coming to work better for employees and organizations imbedded with a strong purpose attract better talent.