Social loafing
Contents |
Abstract
People perform activities out of Extrinsic Motivation, because they expect an external reward for their action. This could be a monetary bonus or the appreciation of other stakeholders.
Following Daniel Pink Extrinsic Motivation factors as salary motivate people to a certain point after this fairly paid point is reached more salary does not give more motivation. The intrinsic motivation of people is much more crucial, because it helps longterm and to a much higher degree. However missing extrinsic motivation discourages people and should not be underestimated[1].
Introduction
Extrinsic motivation within project management
Application
Limitations
Annotated Bibliography
1. Project Management Institute Inc. (PMI), A Guide to the Project Management Body of Knowledge (PMBOK ® Guide) – 7th Edition and The Standard for Project Management, Project Management Institute, Inc. (PMI), Pennsylvania, 2021.
2. Bruno S. Frey, Margit Osterloh, Successful Management by Motivation: Balancing Intrinsic and Extrinsic Incentives, Springer-Verlag Berlin Heidelberg, 2002.
3. E. Deci, R. Flaste, Why We Do What We Do: The Dynamics of personal Autonomy, New York, 1996.
References
- ↑ Project Management Institute, Inc. (PMI),(2021), Pennsylvania, "A Guide to the Project Management Body of Knowledge (PMBOK ® Guide)".
