The clear message in ‘Drive’ is something which most of us have always known intuitively -- that money does not motivate people in the work place in the long term. But us Pink explains in the book (and in the video clip below) there is now a raft of scientific research that backs up what we’ve already known.
So why do so many employers and business leaders get obsessed with trying to motivate people via the old fashioned carrot and stick approach hey…?
“Don’t ask what the world needs. Ask what makes you come alive, and go do it. Because what the world needs is people who have come alive.”
- Howard Thurman
Last week I attended the London School of Economic Alternative Investment Conference featuring an impressive line up of speakers from the world of Hedge Funds and Private Equity. With students flying in from 75 countries, it was the biggest student conference of its kind in the world.
Whilst listening to a panel discussion about the future of Private Equity Finance, one of the undergraduates from audience asked a question about career prospects within the industry. Interestingly, the overwhelming feedback from the 5 highly successful people on the panel was:
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