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The Motivation Toolkit: How to Align Your Employees' Interests with Your Own - Hardcover

 
9780393254099: The Motivation Toolkit: How to Align Your Employees' Interests with Your Own

Synopsis

Renowned Stanford economist David M. Kreps reveals the fundamental principles of employee motivation.

Employee motivation is one of the cornerstones of any successful firm, yet it can be devilishly complex to nurture in a consistent and constructive manner. In The Motivation Toolkit David Kreps distills decades of experience and research to highlight the elements of employee motivation. Kreps begins by walking readers through leading economic and psychological theories of motivation, from the economic theory of incentives to the social psychological theory of self-determination. He then shows how to successfully navigate between these theories.

Kreps challenges managers (and aspiring managers) to think rigorously about their specific organisation, and shares enduring insights into effective leadership and organisational prosperity.

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Review

With characteristic rigor and insight, David Kreps explains the foundations, both economic and psychological, of the relationship between employer and employee, and provides the serious leader with a flexible toolkit they can tailor to their situation.--John Donahoe, CEO of ServiceNow and former CEO of eBay

Artfully details the enormous complexities involved in achieving employee alignment, and provides a variety of situation-dependent tools to help ensure that an organization's human capital is empowered to meet its long-term objectives.--Steven A. Denning, chairman of General Atlantic

This short book is quite long on practical advice about motivation, a complex subject that is often oversimplified. Drawing on his comprehensive expertise, as well as revealing studies of how high-performing executives and ambitious MBA students respond to various motivators, David Kreps gives managers a number of thoughtful tools.--Gene Sykes, managing director at Goldman Sachs and CEO of LA2028 Olympic and Paralympic Bid Committee

About the Author

David Kreps is the Adams Distinguished Professor of Management at the Stanford Business School, where, over a forty year career, he has taught courses from Decision Making Under Uncertainty to Managerial Economics to Operations to Human Resource Management. A leading economic theorist, he is a past recipient of the John Bates Clark Medal, a Distinguished Fellow of the American Economic Association, and a member of the National Academy of Sciences. He is the author of six previous books, including Microeconomics for Managers, Game Theory and Economic Modeling, and Strategic Human Resources: Frameworks for General Managers (with James Baron). He lives in Stanford, California.

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  • PublisherW. W. Norton & Company
  • Publication date2018
  • ISBN 10 0393254097
  • ISBN 13 9780393254099
  • BindingHardcover
  • LanguageEnglish
  • Number of pages288

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Hardcover. Condition: new. Hardcover. Getting your employees to do their best work has never been easy. But it is a particular challenge for knowledge workers, who must attend to many different tasks and whose to-do list is often ambiguous, requiring outside-the-box thinking. Lists of dos and don'ts are rarely effective. Instead, your best bet is to align their interests with your own-the heart of motivation-and set them free to use their own drive and creativity on their, and your, behalf. But how do you align their interests with your own? How do you avoid incentive schemes that warp priorities, encourage perfunctory and sloppy work, or cause unethical behavior? In The Motivation Toolkit, economist and management expert David Kreps offers a variety of tools, drawn from the disciplines of economics and social psychology, that you can adapt to your specific situation to achieve better motivation. This starts with understanding both the economic and social relationship your employees have with their work, their jobs, and your organization, then using that understanding to find economic or psychological motivators that will work. Whatever your business, and whether you're a newly minted manager, a seasoned executive hungry for your employees' best work, or a curious leader looking for new ways to be effective, The Motivation Toolkit will prove a useful and enlightening read. Renowned Stanford economist David M. Kreps reveals the fundamental principles of employee motivation. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780393254099

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