EDP369KFinalVersion2

EDP369KFinalVersion2 - EDP369K May 8, 2010 Motivation Prior...

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EDP369K May 8, 2010 Motivation Prior to class, motivation was a very simple concept that explained why certain people give their best effort to some things and not to others. It was no surprise to me that college football players would work their hardest to learn their playbook and the other team's tendencies for the nearest game on the schedule instead of paying attention in their philosophy class, but I really thought rewards were the way to get the best out of people. According to the TED talk on motivation performed in London by Dan Pink, I was completely and utterly wrong. While the American societal norms value competition and I do as well considering my love for sports, scientific research disagreed with me. The scientific data regarding group projects that measured efficiency and effectiveness to complete simple tasks completely blew my mind. My prediction for the experiments while Pink was introducing them were the direct opposite of what ended up happening. I figured the groups who had rewards on the line for how quickly they finished would finish their projects much more quickly than the groups who did not have the same opportunity, but I was wrong. I have a few doubts on the sample size of the experiment because such small scale studies can be completely thrown off by more intelligent problem solvers being placed on one non-incentive team, but I trust the scientists knew that and still determined that the information gathered was relevant.
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While the results were shocking to me, I am unsure about how I am going to use this knowledge in my career. My plan is to run my own sport management firm that will take care of each athlete's financial needs for their entire playing career, which will require a large staff and a large client base in order to be successful. After watching Pink's TED talk, I have decided to make rewards and competition have a lesser role in the compensation package I will be giving employees. At first, I wanted to offer base salaries with the ability to accrue bonuses depending on how an employee performs and how he or she affects the company. I don't want to abandon the plan to make the business competitive both outside and within the company, but I think I will make strides to lower the stress levels of my team. In addition to the changes I plan to make with paying future employees, I also want to use a rare structure in my workplace. I realize that so many people in this world hate what they do for a living, and I want to keep that from happening. I want to keep morale high so my co-workers can exude confidence to all clients and competitors in order for them to realize our strength. In order to do this, I plan to use what Pink spoke about in the video. Google is one of the most revolutionary companies I have ever heard about and I like their 20% idea. I would tweak their plan a bit and have my employees use their time to be creative and come up with one innovative idea each week on how to improve the company. This would help us stay modern and it would give my employees some time to explore new ideas.
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I also want to make it optional to come to work each day. My business will
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This note was uploaded on 06/15/2011 for the course EDP 369K taught by Professor Medinaandlewis during the Fall '08 term at University of Texas.

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EDP369KFinalVersion2 - EDP369K May 8, 2010 Motivation Prior...

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