Career Analyst Daniel Pink talks about how the traditional 'carrot and stick' method of motivation doesn't work. About how there is a mismatch between what science knows and what business does. Especially, as we move out the recession, the future of rewarding performance is not simply about paying higher wages. Dan argues that it is down to three things; Autonomy, Mastery and Purpose. That's why Wikipedia is so successful compared to a well funded Microsoft Encarta.
He speaks about many experiments including the "candle experiment" and quotes many researchers, including LSE professors! :)
Dan's website for more info: www.danpink.com
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