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.
Other people go to the office. I get to coach. I know I've been blessed.
Rebel children, I urge you, fight the turgid slick of conformity with which they seek to smother your glory.
The man who wins, is the man who thinks he can.
If you have zest and enthusiasm you attract zest and enthusiasm. Life does give back in kind.
But, this dark place is not the end. Remember that the darkness of night precedes the dawn. And as long as your heart still beats, this is not the death of it. You don’t have to die here. Sometimes, the ocean floor is only a stop on the journey. And it is when you are at this lowest point, that you are faced with a choice. You can stay there at the bottom, until you drown. Or you can gather pearls and rise back up—stronger from the swim, and richer from the jewels.
Don't lose heart if it's very difficult at times, everything will come out all right and nobody can in the beginning do as he wishes.
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