The major incentive to productivity and efficiency are social and moral rather than financial. -- The New Society (1950)
About this quote
- What does it mean?
- Social and moral incentives drive productivity and efficiency more than financial ones.
- In plain terms
- People work better due to social and moral reasons, not just money.
- What can you take from it?
- Prioritize social and moral incentives to boost productivity.
Where it applies
Putting it to work
Questions to consider
- How do you measure social motivation?
- Can money replace moral incentives?
Another view
Money often remains the primary motivator for many.
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