Add content to "Management 3.0"

[stevenschwenke]

Source: https://www.youtube.com/watch?v=dgKKPQiRRag&feature=youtu.be

• study by MIT: gave students different tasks to do, reward them with money according to their performance: Good performance -> more money
• as long as task only mechanical, no-brain-activity: more money led to more performance
• cognitive tasks: more money led to LESS performance
• other studies show: people above a certain level of skill work different then those below
• no "if this then that"-logic
• "pay people enough so they think about work, not money. Then give them responsibility and autonomy to get best results"
• "you problably want to do something interesting, so let me get out of your way" should be the way management works
• main motivations for open source contributors: challenge, mastery, making a contribution
• => organizations need a purpose to get the good guys => see mission statements of companies