Business and Finance

Who would have thought a lecture on sociological factors of business motivation would make a great animated short? The people at the Royal Society for the encouragement of Arts, Manufactures and Commerce did – and they were right.

In this amusing (and fascinating) animated short Daniel Pink discuss the results of scientific studies on what motivates people to work hard at their jobs – surprise, it’s not money…

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What have you used to motivate employees (or be motivated yourself) successfully?

As part of his popular MBA Mondays series, Venture Capitalist, Fred Wilson, writes about budgeting within a small company of less than 10 people.

“The first step in budgeting is to review the key business metrics and lock them down based on what is realistic for the next year. Be very realistic. A good budget is a conservative budget.”

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Do you have a specific process you go through when budgeting for the year?

Stanford Professor Robert Sutton has spent years researching what makes a good boss and what all good bosses have in common. He’s boiled his research down to 12 beliefs he feels are key to efficiently and effectively leading and inspiring those who work for you.

“It seems to me that, by adopting the habits of good bosses and shunning the sins of bad bosses, anyone can do a better job overseeing the work of others.” Read full article…

What are a few traits that you, or your best boss, use to effectively motivate employees?