Competition should not be for a share of the market-but to expand the market.
W. Edwards DemingRead
Monetary rewards are not a substitute for intrinsic motivation.
Interpretation
Intrinsic motivation is more powerful than monetary rewards.
This quote emphasizes the importance of intrinsic motivation, which comes from within an individual, as opposed to external incentives such as money. It suggests that while monetary rewards can be appealing, they do not foster true engagement and passion for work, which is essential for long-lasting satisfaction and performance.
In practice
In a team meeting discussing project outcomes and individual motivations, this quote highlights the importance of passion over financial incentives.
Competition should not be for a share of the market-but to expand the market.
The job can't be finished only improved to please the customer.
Don't expect smart people to listen to you without proof.
Quality begins with the intent, which is fixed by management.
Learn the basics of analytics and people will love you. If you don't have time to learn, hire someone.
Just because you can measure everything doesn't mean that you should.
Remember to celebrate milestones as you prepare for the road ahead.
Brethren, do something; do something, do something! While societies and unions make constitutions, let us win souls. I pray you, be men of action all of you. Get to work and quit yourselves like men. Old Suvarov's idea of war is mine: `Forward and strike! No theory! Attack! Form a column! Charge bayonets! Plunge into the center of the enemy! Our one aim is to win souls; and this we are not to talk about, but do in the power of God!'
The world belongs to the energetic.
It is called working your ass off. The difference is what you are willing to sacrifice. For every writer who wants balance in their life, there is a guy like me who gives up a lot to make their dreams come true. There is always going to be someone out there that knows they have to compensate for maybe having less talent with harder work and preparation.
Surround yourself with people who add the fuel of advice and encouragement to your fire.
This world demands the qualities of youth; not a time of life but a state of mind, a temper of the will, a quality of the imagination, a predominance of courage over timidity, of the appetite for adventure over the life of ease.
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