Extrinsic motivatoin: How to balance motivation?
Abstract
As a rather complex topic, that occurs in every area of business management motivation is an important topic to deal with, when managing projects, teams, and companies.
It can be categorized in intrinsic and extrinsic motivation. Intrinsic motivation relates to satisfying a personal need, where an individual acts out of personal reasons, which can be enjoyment. Extrinsic motivation is rooted in behaviour, that is enabled by external sources, such as pressure or reward.
The outcome of both types of motivations differs quite a lot depending on the environment. In general, intrinsic motivation is to be seen as the more successful one in the long run. Additionally extrinsic motivation is limited applicable and can even have a negative effect. Yet both are to be combined to derive the best results. [1].
A certain amount of motivational behaviour results in a particular outcome. The challenge lies in achieving a sustainable positive outcome with the existing possibilities. The goal for this article is to analyse the topic of extrinsic motivation, to give a general guideline on how to enforce and use extrinsic motivation. [2]
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