A Quote by Jeffrey Pfeffer
Many companies believe incentives, financial incentives, are the answer to every problem or issue. But people are motivated by much more than money. In particular, people like to feel good about themselves and maintain their self-esteem. If companies spent more time working on people's feelings of self-worth, they wouldn't have to try, often unsuccessfully, to bribe people to do work.
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People from both political parties have long recognized that welfare without work creates negative incentives that lead to permanent poverty. It robs people of self-esteem.
Great companies don’t hire skilled people and motivate them, they hire already motivated people and inspire them. People are either motivated or they are not. Unless you give motivated people something to believe in, something bigger than their job to work toward, they will motivate themselves to find a new job and you’ll be stuck with whoever’s left.
I understand when there's no money for the arts in the government, but it should maybe pressure private companies to support more filmmakers. These exhibition and distribution companies are huge, and there might be incentives for them to invest more in Mexican cinema.
I try to motivate people and align our individual incentives with organizational incentives. And then let people do their best.
Poverty is about low, self-esteem and a lack of role models and opportunities. Without money, people resort to de-dignifying activities in order to support themselves. We free people through education and entrepreneurship. Freedom is self-determination, and you can't self-determine without understanding money and capitalism.
More often than not when we do not like our work, it's not necessarily because of the work itself. But more often because of the people we work with and more importantly because of the lack of leadership. It is amazing how inspired and motivated we can be when we like the people and when we feel like we show up to work because our leaders care about our wellbeing. It is kind of incredible actually.
The idea of confidence, of the emotions of the population, is an incredibly important one in economics. John Maynard Keynes called it 'animal spirit.' And if people are feeling generally good about the future, they're more likely to spend money, to start new companies; companies are more likely to hire people, make investments.
So many people don't believe in themselves; people are worth so much more than what social media shows.
It's all about self-esteem now. Build the kids' self-esteem, make them feel good about themselves. If everybody grows up with high self-esteem, who's gonna dance in our strip-clubs?
I believe in market economics. But to paraphrase Churchill - who said this about democracy and political regimes - a market economy might be the worst economic regime available, apart from the alternatives. I believe that people react to incentives, that incentives matter, and that prices reflect the way things should be allocated. But I also believe that market economies sometimes have market failures, and when these occur, there's a role for prudential - not excessive - regulation of the financial system.
Researchers were surprised to find that people with strong self-control spent less time resisting desires than other people did. . . . people with good self-control mainly use it not for rescue in emergencies but rather to develop effective habits and routines in school and at work.
I really appreciate when people use their fame and their voice for more than just self-promotion, starting a dialogue about a topic or an issue much bigger than themselves.
Perhaps the most extraordinary popular delusion about violence of the past quarter-century is that it is caused by low self-esteem. That theory has been endorsed by dozens of prominent experts, has inspired school programs designed to get kids to feel better about themselves, and in the late 1980s led the California legislature to form a Task Force to Promote Self-Esteem. Yet Baumeister has shown that the theory could not be more spectacularly, hilariously, achingly wrong. Violence is a problem not of too little self-esteem but of too much, particularly when it is unearned.
If I make your workplace conducive to walking at lunch, or working out at some time during the day, or I get people to use the stairs more by creating incentives to do such, then people will start doing it naturally.
I've had self-esteem issues for a really, really long time. Plenty of people think I'm ugly, and plenty of people don't. But there's a moment when I'm modeling where I forget about my self-esteem issues and focus on what the photographer's telling me - and I feel pretty. And in that sense, it's selfish.
Perhaps self-esteem is just the sum of self-love and self-confidence. People with high self-esteem know they deserve a good life and that they can get almost everything they focus on!
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