This link is a video from Dan Pink's talk that focuses on the factors that motivate us or that give us drive. This innovative video, similar to the one posted below about where good ideas come from, offers a different type of thought process as to what really and truly motivates us both in and outside of the workplace.
I think this is an interesting concept as in class we have been talking about several companies who offer large incentives for ideas and projects, but is that really the approach to getting the most motivation or best ideas?
One of the most innovative ideas I took away from the video was the idea that one company has that one day employees can work on whatever they want, however they want, and just present it at the end of the day. This seems like a great (yet extremely out of the ordinary) way to get the ideas that make a difference.
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I agree I don't think a lot of the motivation on websites such as Threadless and their designers is for the monetary incentive but instead for a chance to be recognized by their peers. The example you gave of giving employees one day to work on whatever they want and then share it seems like a great way to get employees to take pride in their work and hopefully do something productive for the company.
I concur with TJ. Dan Pink is a smart guy with a keen sense of emerging trends. If you are a college student trying to figure out what to do with the rest of your life, I highly recommend his book, A Whole New Mind!
http://www.danpink.com/whole-new-mind