Do Incentives Work?

September 18, 2009

This is a fascinating and provocative video on whether or not incentives work. Dan explains that science has the answers and business people just need to listen. He is the author of the book, A Whole New Mind: Moving from the Information Age to the Conceptual Age. If you are thinking about a bonus program, then you must see this.

http://www.ted.com/talks/dan_pink_on_motivation.html

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Beth Ward

CEO & Founder / Beth Ward Studios

It has helped me to not be over concerned and react negatively when things don’t go our way (what is good or bad)? To look for what gifts can come from it.

Chris Polek

CEO / Polek & Polek

I’m already getting grateful and admiring comments related to my improved emotional intelligence, humility, and clarity.

Mark DiMassimo

Founder / DiMassimo Goldstein

It allowed me to expand my perspective during COVID and lead my team with a “gift” lens rather than a “disaster” lens.

Christine Courtney

President / The Leadership Program

It has taught me to be more patient and understanding of other people’s issues. It gives me an insight into why they react the way they do and how I can work to accept that. it all starts with me and the way I show up.

Ryan Jennings

CEO / Sentinel Builders, LLC

The program has really tamped down my stress level and I am now much better at falling back to sleep at night. I have also become more empathetic at work and a much better listener.

Judy Paul

CEO / The Washington Square Hotel

It was the single most important experience that has significantly impacted my personal and professional life.

Andrew W. Singer

Managing Partner / Tannenbaum Helpern Syracuse & Hirschtritt LLP

Mark Taylor is recognized by Vistage as a Master Chair, which means they consider him to be one of the best in the country. To me, he is just the best, period. This shows up in his consistent ability to attract the most extraordinary business leaders to his groups, and to foster an environment of mutual support, challenge and growth. The proof is in the business and life results of each individual in each group and of their businesses. My business, for example, has been recognized by Inc. magazine each year since I joined Vistage as one of the fastest growing private businesses in the country – so far, for four years in a row. By every measure we are bigger, better, stronger and more profitable. And equally satisfying is the fact that we are able to do a lot more good for more organizations. My evolution as a leader has dramatically accelerated since joining Vistage, and this is a direct result of the peer interactions in our group, of the exceptional material of the speakers, of the issue processing in our Triad and monthly meeting, and of Mark’s mentorship as well. My results are typical of the dramatic advances made by other members of my Vistage group. It’s incredibly satisfying, and deeply educational too, to see my fellow members tackle difficult business problems and come back stronger. I’ve also seen members grow and sell their businesses for phenomenal figures I just couldn’t believe until they had the checks in hand. And I’ve seen others recommit to leading their businesses for the long run, but on their own terms, and I share their sense of mission and satisfaction. I couldn’t recommend Mark Taylor’s Vistage groups any more highly than I do. Business changing and life changing!

Mark DiMassimo

Chief / DiMassimo Goldstein

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Judy Paul

CEO / Washington Square Hotel

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Mark DiMassimo

Chief / DiMassimo Goldstein

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Patricia Dahl

CEO / The Eye-Bank for Sight Restoration

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Peter Ferrigno

CEO / The Solutions Group

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Susan White Morrissey

Founder & CEO / White + Warren

“As my business grew and I achieved a level of success, the landscape became more and more difficult to navigate. Making the transition from a business owner who controlled everything to a leader of a capable and independent team was the most daunting challenge I had ever faced. Vistage allowed me to be successful through this transition by connecting me with other business owners who were navigating the same challenges and providing fantastic speakers who provide different ways of looking at my business.“

Mark Laufer

CEO / Laufer Group International

“Joining Vistage gives me one day out of the month to get out of the hustle & bustle of the office to refocus, learn from the resources and come back with new ideas to implement. I have enjoyed speakers and leave every meeting with new ideas and actions to take when I get back to the office. It has been a worthwhile investment in my personal and professional development and as a result, I have become a better leader. As the chair of my Vistage group, Mark has demonstrated a great ability to keep the group on track and have impact. Mark is a great motivator and has many valuable ideas that have helped me grow, both personally and professionally. Thanks Mark!”

Michael Feldman

CEO / David Feldman Worldwide

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Jonathan Satovsky

CEO / Satovsky Asset Management