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Having Control of Your Work Life Is More Important than Money

Motivating your teams is a critical skill in leadership. Dan Ariely's work in behavioural economics is a great source of knowledge in identifying how to get the most out of people - and also yourself. Most importantly, he notes that whilst we will always look to our superiors to support our development, sometimes its just upto us. 

This is one of the keys to motivating people at work: giving them a sense that they have some say in what they do. We all tell ourselves stories, create our own narratives and invest what we do with the meaning that Frankl wrote about. When people work on a project that gets cancelled, when their position is downgraded or when they lose their jobs, it all “goes pfffft, like a deflated balloon”, Ariely writes. It is not just the change at work that is disturbing. “It’s the sense that your own life matters less — that who you are has been belittled somehow.”

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asset & wealth management

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