Dynamics of Leading Organizations
Extrinsic motivation refers to the drive to engage in an activity based on external rewards or pressures rather than for the inherent satisfaction of the activity itself. This type of motivation often manifests in the workplace through bonuses, promotions, recognition, or other tangible rewards that encourage employees to perform their tasks effectively. Understanding extrinsic motivation is crucial as it plays a significant role in various motivational theories, the distinction between intrinsic and extrinsic factors, leadership strategies, and creating a work environment that fosters employee engagement.
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