Monday, August 27, 2012

Money may make the world go around but not the people.


Source: Self-Leadership and the One-Minute Manager

Self-Leadership and the One-Minute Manager is the sequel to One-Minute Manager and was therefore suggested to me by one of my blog readers. (=)) The book poses a lot of challenging steps for a person that seeks to be a self-leader. I’ll discuss some of the memorable points made, but a full summary will be lengthy and therefore defeats the point of a summary.

Steve has been promoted to a new position in which he is now managing a team.  While Steve’s boss is out, Steve fails miserably in making a presentation to a major client of his company. He is discouraged and upset at his boss for being out of town, his team for being incapable and the client for being demanding.  Steve assumes he will be fired and that his team will hate him.  Subsequently, he begins to draft a resignation letter. Surprise! Steve meets a woman at a coffee shop that empowers him to be a leader and accept responsibility for the situation. He waits on submitting his resignation and decides to go back to work. Steve informs his team, and later his boss, about the result. His fears of being fired and being hated by his team prove to be untrue. He is surprised at their reactions and realizes that he should accept that he cannot read minds.

Here, the book presents an exercise where you have to evaluate your motivating factors ranking from 1 to 10. 1 meaning that it is the most important motivating factor to 10 being the least.  Steve then asks his team to do this survey only to realize something very important: all of their answers are different. This exercise shows Steve that his team members aren’t all motivated by higher pay. Their motivating factors were as varied as their personalities but Steve didn’t take the time to learn this about them.

I wanted to prove this theory for myself so I proceeded to ask a few of my friends to take the same exercise. (Thank you to those that did!) The answers in my survey were varied as well. It surprised me how many people didn’t choose money as their first or second or even third motivating factor at work. Another surprising result was how many people chose interesting work as the number one motivator at work. As a leader of a non-profit, I knew interesting social activities were important to keep people’s interest but I didn’t expect this for the workplace. It reminded me to spend more time on this particular motivating factor going forward. It is important to recognize that motivating factors even in the best teams are different. While success is the end goal, the journey mattered more.

The other day, a friend was talking to me about how she offered her sister money for each ‘A’ she made. I asked her if money motivated her sister, her response was, “Who doesn’t want money? If someone gave me money during high school for studying I’d be a straight ‘A’ student.” I reminded her that her sister isn’t her and that she should ask her sister what motivates her and solve the problem in that manner. We all make this mistake. In the workplace or the non-profit world, we give recognition to people that excelled at their job for their talent or time. We assume the few minutes of fame are all that is needed to motivate another person. What if that person wanted ‘Sympathetic help with personal problems?’ It is our responsibility as a leader to learn each member’s motivation and apply that to our interactions. Just like we can't read their minds, our mentors/bosses can't read ours either. Therefore, we must also proactively talk about our motivating factors with our mentors/bosses so they are better aware on how to support us and challenge us.


Motivating factors survey