Excess Management Is Costing the U.S. $3T Per Year (2016)

Re:Excess Management Is Costing the U.S. $3T Per Year (2016) by WalterBright on Sunday January 08, 2023 @03:02PM (#34302500)

> Financial incentives are not good motivators for excellence.

Yet they drive the entire economy. They work better than anything else. Other systems have been tried repeatedly that rely on:

1. the lash

2. altruism and ideology

3. threats of going to hell

are pretty lousy motivators.

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Re:Excess Management Is Costing the U.S. $3T Per Year (2016) by naasking on Sunday January 08, 2023 @03:44PM (#34302897)

We're talking about people, not economies. Financial incentives work up to a point, and then they start perverting behaviour. Better motivations for people on an individual level within an organization are autonomy, mastery and purpose, eg. give them an objective that seems meaningful, and give them the freedom to master the skills needed achieve that goal in a way they know works for them.

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Re:Excess Management Is Costing the U.S. $3T Per Year (2016) by WalterBright on Monday January 09, 2023 @04:18PM (#34316217)

Nothing works as well as money.

Giving people autonomy, mastery, and purpose can help, but that simply does not scale.

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