By Jim Whitt Just how effective is money as a motivator? Research conducted by MIT, the University of Chicago and Carnegie Mellon reveals that monetary rewards do improve performance when applied to simple mechanical tasks. But when more advanced cognitive skill is required, monetary rewards not only fail to motivate but actually de-motivate. So what does motivate us? The research identifies three factors: Autonomy Mastery Purpose This is not some touchy, feely, new age philosophy or someone’s opinion — it’s science. If you are skeptical you’ll find the results of this research summarized in a short and very entertaining video… Read More