Friday, August 15, 2014

The Magic Coins of Motivation

Let me share a little secret with you.

You remember the game Super Mario? Then I'm sure you know the sound of a flipping coin whenever Mario gets to hit the brick with his head. 





Yup, those bricks with question mark.

You see, whenever I get praised for something I did, I play that magical sound in my head, happy as a five-year-old kid who got a stamp on the arm for a job well done. I'm sure all of you have those moments too. 

Sometimes, we feel demotivated, come late to work, or take long leaves. The tendency to slack off is just too strong.

What I have discovered in my observations of people is that one's level of motivation is not determined by salary. An employee who earns PHP 20,000 a month can be just as driven (or as demotivated) as someone who receives a six-digit paycheck.

While the benefits of money to productivity has been proven in a lot of studies, it cannot always determine whether a person will choose to sleep over a project or pull an all-nighter. At times, huge incentives turn the opposite way and decrease one's motivation to perform. It cannot predict whether or not a resignation letter will land on your desk and lose your talent to competition. 

I have seen high-potential employees leaving companies for reasons that they won't divulge at exit interviews. Too often, such cases could have been prevented if someone sensed what was wrong and spoke to them before it was too late.

There was a paper which came out in December on motivation, an experiment conducted by scholars from three European universities. The team wanted to investigate the effect of motivational talk and its interaction with monetary incentives. The paper, "Hidden Benefits of Reward: A Field Experiment on Motivation and Monetary Incentives," presented the following findings:

1. Motivational talk improves performance significantly only when accompanied by performance pay.

2. Performance pay slightly reduces performance unless it is accompanied by motivational talk. These effects also carry over to the quality of work.


3. Performance pay alone leads to more mistakes. Adding motivational talk makes the difference. Motivational talk increases output by about 20% and reduces the ratio of mistakes by more than 40%.

These results show the complementarity of motivational talk and performance pay. While you cannot downplay the role of monetary incentive, it needs to be executed in tandem with motivational talk for it to become effective. 

Let me stress at this point that motivational talk is not the same as giving feedback. Motivational talk helps employees give meaning to what they do. It gives them a sense of ownership and the feeling that what they do has a spot in the leader's big picture. This gives them the impetus needed to take on more difficult challenges (because if you ask me, sometimes all we need is a good challenge to motivate us). 

Dr. Dan Ariely, a behavioral economist, echoes the same sentiment. He explains: “When we think about labor, we usually think about motivation and payment as the same thing, but the reality is that we should probably add all kinds of things to it: meaning, creation, challenges, ownership, identity, pride, etc.”

Barbara Fielder, a motivation author, shared one technique in her book, Motivation in the Workplace. It's called the ten-coin technique. You place ten coins inside your right pocket and every time you praise or try to motivate someone, you take out the loose change and place it on the left pocket. 



While I know that some people are not comfortable doing this right off the bat, it can be as simple as nodding to acknowledge that something was done right.

Let me show you a simple experiment.

Dr. Dan Ariely did a little experiment on paperwork to students at MIT. Each participant was handed a piece of paper with a jumble of letters in it. The task was to find two same letters that appear side by side
 and encircle such pairs. They were offered a certain amount for them to do the same activity repeatedly but each round was lesser than the previous one.



People in the first group wrote their names on the sheets and handed them to the experimenter, who scanned it and 
said “uh huh” before putting it in a pile.

The second group didn’t write their names, and the experimenter put their sheets in a pile without even looking at them.

Lastly, those in the third group had their work shredded immediately upon completion.


So what happened after?

Data collected showed that people whose work was shredded in front of them needed twice as much money as those whose work was acknowledged in order to keep doing the task.

What about the group whose work was ignored?


Well, the experimenter's data showed that this group needed almost as much money as the group whose work was shredded.

What does this tell us? Even when leaders unintentionally ignore reports, projects or whatever effort exerted by employees, it's almost tantamount to having those outputs 
sent directly to the trash bin. Employees would feel that work is really work. Similarly, a little acknowledgement like a nod can make employees feel that they matter, such that they would go to greater lengths even if the task seems repetitive and the rewards getting smaller.

The magic coin of motivation does not pertain to something which can be computed to arrive at the exact amount of incentive that will lead a person to operate at an optimum level of productivity. For if that was the case, companies do not need to tackle "soft" issues such as this one. 

Instead, you could think of these coins as forms of investment that yield long-term gains, the kind of coins that true leaders put into piggybanks that when become full could possibly transform employees into superstars. Now that's magic. 

*photos all from Google Images

Friday, August 1, 2014

Minding Your Workplace Manners



So you've landed the dream job with that nice, fancy title which you've been eyeing for months. You jump with glee and start to daydream about your good future with the company. You then wonder which outfit will make you look your sharpest on the first day because you just want to make that good first impression.


While you're at it, it would also serve you well to remember a few pointers when it comes to behaving well in the office. You see, politesse at work is not a thing of the past. After all, who doesn't want to belong to the creme de la creme, admired and respected by many? Here are a few things to keep in mind:

1) Thou Shalt Not Spill the Beans




You happen to accidentally overhear a conversation between your colleagues about an impending resignation while fixing up a latte in the pantry. What do you do? It's best to err on the side of ignorance and pretend you didn't hear anything. You don't want to earn the reputation of a gossipmonger right? More so if you happen to brush elbows with those who belong to the C-suite. People somehow expect you to know everything. Unless published in newspapers or social media, news about buyouts, layoffs, termination or expansion should not come from you. Think twice before volunteering information that you cannot support or validate.

2) Thou Shalt Keep the Volume Down



Respecting colleagues is not just confined to non-invasion of privacy but also in making sure that you don't add up to office noise. Step out if you have to nag your boyfriend over the phone for not asking permission when he went on a drinking spree with his buddies. Your officemates don't really need to know the teeny-weeny details of your life outside work. This rule especially applies when you work in a cubicle-type setting. 

When catching someone's attention, wave and gesture if you must, but never yell. That's just dreadful. You're also doing your officemates a favor when you switch your phone to silent mode during meetings, or pick it up immediately when it rings loudly on your desk. The last thing you want to be is someone people secretly hate in the office.

3) Thou Shalt Not Use Offensive Language





Resist every urge to use foul language when discussion turns into a heated debate. Remember that it can work against you in the long run. Deal with issues, not with personalities. Even if the easiest route is to say nasty things behind a person's back, resist the urge to give in. A boss who berates a direct report is fine, but shouting to cause utter embarrassment in public (or in front of the subordinate's team members) is another. When interacting with different groups, nationalities or age, make a mental edit of your opinions before blurting them out. I once went to a job interview and had to hide my surprise when an expat CEO offhandedly expressed his derision toward a certain race. I thought of it as unbecoming for someone of his stature and calibre.


4) Thou Shalt Make the Introductions





When meeting colleagues, visitors or clients for the first time, make a good impression by doing the introductions. If in the social sphere we introduce men to women, in the workplace, the person holding a more junior role should be introduced to the senior one, regardless of gender. The name of the latter must be mentioned first. Remember too, that while teasing someone for the sake of merriment is nice, it may not be so with a new acquaintance.

Remembering these little rules will not only keep you out of trouble but it can also set you apart from the pack. It wouldn't hurt to do a self-check of the things you need to polish as far as your manners are concerned. For all you know, these might come in handy when you least expect it.


Wednesday, October 30, 2013

Heels Just Need to be Broken In



In Hollywood movies, you hardly see plots that revolve around powerful female bosses. What would stick to us is that stereotypical character of Miranda Priestly. We all love Devil Wears Prada and Miranda's acerbic tongue spitting these lines:

"The layout for Winter Wonderland? Not wonderful yet."

"Details of your incompetence do not interest me.”

Ouch. Imagine having her for a boss.  But you've got to admit it, the Miranda’s of this world could actually make for effective bosses.  For that matter, wouldn’t the world be a better place if we have more female CEO’s sans the sarcasm? 

A few days back, I came across a tweet from Catalyst (@CatalystInc), a leading non-profit organization that does research on women. It reported in its findings that companies with the most female board directors earned 26% higher ROI than those companies with the least women.  If such is the case, why is it that heels have yet to invade the boardroom?  In 2010, only 2.4% of the US Fortune 500 CEO's were female.  More so, gender wage gap remained at 77% in 2012, and the numbers haven't inched closer to respectable levels.  

Heck, even in my line of work, I find myself 99% of the time being the only female in the room, conducting presentations to a group of CEO's, CIO's and company leaders. It felt like intruding into an all-boy's club.

But let’s not feel dejected because there’s always a hint of sunshine somewhere.

In Norway, about 44.2% of board members are women and this number just didn’t come about by chance.  The country actually passed a law in 2008 requiring publicly-listed companies to have boards composed of at least 40% women.  Now it's not surprising that Norway claimed the 3rd spot in the World Economic Report on Gender Equality, is it? 

Even In the political arena, women are slowly taking command, notwithstanding the fact that of the parliaments worldwide, only 13% are females.

Can you guess which country has the highest number of women in the parliament?

It’s Rwanda.


The country is now a far cry from the internationally-acclaimed film, Hotel RwandaIt should no longer conjure negative images of genocide in your head nor should it make you recall Miranda Priestly’s sardonic line: 

“Is there some reason my coffee isn’t here? Has she gone to Rwanda for the beans?” 

Read the New York Times article, The Global Elite’s Favorite Strongman, and you’ll see what I mean. 

Fast forward to 2013, Rwanda now has the highest number of women parliamentarians in the world, with 56.3% seats in the lower house.  To add to this, Rwandan women also occupy more than half of senior government posts. Kagame Miracle?  Maybe.  Maybe not.  After all, there was Aloisea Inyumba. 

In the recent US shutdown, it was the bipartisan group led by Sen. Susan Collins that sparked the discussions between Republicans and Democrats over how to get past the deadlock.  Sen. John McCain even jokingly said that the women are taking over.

Of course, I can't miss Facebook COO Sheryl Sandberg, who in her TEDx speech gave a compelling 3-point advice on how to bring in more women to the C-suite.   




An eye-opener, that talk, but I am more interested in finding out what each of us women can do individually and collectively.  Let me know what you think.  All I know is that high heels just need to be broken in, and that it's time for these heels to make a noise in the boardroom.


Monday, October 28, 2013

Emcienomics is now on Blogger!



Happy Monday!

Today, I decided to create this page.  Not exactly earth-shattering, I know.  But hear me out when I say that I will endeavor to make my posts thought-provoking, practical and useful to you, dear reader.


Some posts will make you go WTF, but whatever it is, I'd love to hear your side.


So sit back, keep calm and just read on. :)


P.S. Hey, I'm also on Twitter.  Follow me: @emcienomics