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Why Pride Matters More Than Money: The Power of the World's Greatest Motivational Force
 
 
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Why Pride Matters More Than Money: The Power of the World's Greatest Motivational Force [Hardcover]

Jon R. Katzenbach (Author)
3.3 out of 5 stars  See all reviews (7 customer reviews)


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Book Description

0609610651 978-0609610657 April 8, 2003 1
The book that turns our understanding of motivation on its head . . . and shows why most companies get it wrong.

There are few people with more experience and accumulated wisdom about the inner workings of business and how people can work together more effectively than Jon Katzenbach. His groundbreaking research has resulted in several important books, including The Wisdom of Teams and Real Change Leaders. Over the past several years he has turned his attention to one of the perennial questions of leaders everywhere: How do I motivate my employees?

Most everyone frets about how to devise schemes that will keep the troops revved up. Conventional wisdom—or at least the practice at most companies—often centers on money as the primary motivating force. Many also rely on intimidation, which like money generally has a short-term impact. But what Katzenbach has found in his research at many organizations is that both of these practices do little to build the long-term sustainability of an organization. For that you need a powerful force that has been—until this point—understood by few managers and implemented by fewer still: pride.

From the front lines to the executive suite, most people are motivated by feelings of accomplishment, approval, and camaraderie. It’s why the best employees strive well beyond performance levels that will yield them higher pay and why most true professionals relentlessly avoid retirement.

Why does Southwest Airlines consistently turn in the highest levels of performance and profitability of any company in the airline business? What can the U.S. Marines teach us about individual commitment that can be used in the for-profit world? How is General Motors overcoming its history of labor-management enmity through the efforts of “pride-builders” from both the union and the management side? By drawing on what he has learned from these and many other organizations, Jon Katzenbach provides a practical program for understanding the role of pride:

• Money is not the motivator most people think it is: Katzenbach shows why pay-for-performance programs by themselves result in employees who focus on self-serving behavior and skin-deep organizational commitment.
• Money tends to be a short-term motivational device and works best during times of growth, but pride works in bad times as well as good.
• Cultivating pride is an investment that yields high returns on workforce performance over time and is not nearly as costly as relying solely on monetary compensation and the turnover risks that accompany a “show me the money” culture.

Katzenbach shares unique insights and specifics about how the best mid-level pride-builders take advantage of the world’s greatest motivational force even in environments as challenging as General Motors and Aetna. He shows how managers at every level are missing a powerful lever if they are not instilling pride as a primary force for building their organization.

Also available as an eBook.


Editorial Reviews

From Publishers Weekly

When people learn they're capable of much more than they thought possible, anticipatory pride becomes their driving motivational force, according to Katzenbach, the director of an eponymous consulting firm. The author of Peak Performance and The Wisdom of Teams gears his latest book towards companies and institutions wanting to inspire their employees, members or participants with primarily non-financial incentives (team spirit, camaraderie and excitement, for example). "Money by itself is likely to produce self-serving behavior and skin-deep organizational commitment rather than...institution-building behavior," Katzenbach asserts. Citing specific case studies, Katzenbach considers companies and institutions such as General Motors and its diverse management programs and the U.S. Marine Corps' emphasis on honor and courage. Employee recognition, he says, is a crucial element of any campaign to bolster group morale. A Microsoft employee, for example, likes to tell people that "we work on products that everyone is likely to use, and I mean everyone. More than one hundred million people use Office, my product. People will stop me in the middle of a conversation and say, 'You worked on that feature?' It's instant respect." The lure of monetary reward may always be a primary motivation for employees, but in clear and persuasive prose, Katzenbach cautions that because most of the rank and file cannot hope to compete with those at the top, other, less tangible motivations must propel group successes.
Copyright 2003 Reed Business Information, Inc.

From the Inside Flap

The book that turns our understanding of motivation on its head . . . and shows why most companies get it wrong.

There are few people with more experience and accumulated wisdom about the inner workings of business and how people can work together more effectively than Jon Katzenbach. His groundbreaking research has resulted in several important books, including The Wisdom of Teams and Real Change Leaders. Over the past several years he has turned his attention to one of the perennial questions of leaders everywhere: How do I motivate my employees?

Most everyone frets about how to devise schemes that will keep the troops revved up. Conventional wisdom?or at least the practice at most companies?often centers on money as the primary motivating force. Many also rely on intimidation, which like money generally has a short-term impact. But what Katzenbach has found in his research at many organizations is that both of these practices do little to build the long-term sustainability of an organization. For that you need a powerful force that has been?until this point?understood by few managers and implemented by fewer still: pride.

From the front lines to the executive suite, most people are motivated by feelings of accomplishment, approval, and camaraderie. It?s why the best employees strive well beyond performance levels that will yield them higher pay and why most true professionals relentlessly avoid retirement.

Why does Southwest Airlines consistently turn in the highest levels of performance and profitability of any company in the airline business? What can the U.S. Marines teach us about individual commitment that can be used in the for-profit world? How is General Motors overcoming its history of labor-management enmity through the efforts of ?pride-builders? from both the union and the management side? By drawing on what he has learned from these and many other organizations, Jon Katzenbach provides a practical program for understanding the role of pride:

? Money is not the motivator most people think it is: Katzenbach shows why pay-for-performance programs by themselves result in employees who focus on self-serving behavior and skin-deep organizational commitment.
? Money tends to be a short-term motivational device and works best during times of growth, but pride works in bad times as well as good.
? Cultivating pride is an investment that yields high returns on workforce performance over time and is not nearly as costly as relying solely on monetary compensation and the turnover risks that accompany a ?show me the money? culture.

Katzenbach shares unique insights and specifics about how the best mid-level pride-builders take advantage of the world?s greatest motivational force even in environments as challenging as General Motors and Aetna. He shows how managers at every level are missing a powerful lever if they are not instilling pride as a primary force for building their organization.

Also available as an eBook.

Product Details

  • Hardcover: 224 pages
  • Publisher: Crown Business; 1 edition (April 8, 2003)
  • Language: English
  • ISBN-10: 0609610651
  • ISBN-13: 978-0609610657
  • Product Dimensions: 5.4 x 0.8 x 8.3 inches
  • Shipping Weight: 11.2 ounces
  • Average Customer Review: 3.3 out of 5 stars  See all reviews (7 customer reviews)
  • Amazon Best Sellers Rank: #415,835 in Books (See Top 100 in Books)

More About the Author

Jon R. Katzenbach is a Senior Partner with Booz & Company where he launched and now leads the Katzenbach Center at Booz. The Center is focused on taking innovative ideas in organization beyond best practice. With over 45 years of consulting experience, Jon is a recognized expert in organizational performance, collaboration, corporate governance, culture change and employee motivation. Prior to joining Booz & Company, Jon was a Founder of Katzenbach Partners LLC, a firm specializing in organization, leadership, governance and strategy. Before founding Katzenbach Partners LLC, Jon was a Director with McKinsey.

Jon has personally done work for George and John Paul Getty (Founder of Getty Oil), Edgar Kaiser (CEO of Kaiser Industries), John Reed (CEO of CitiGroup), David Rockefeller (Chairman and Chief Executive of Chase Manhattan Bank), Jack Rowe (CEO of Aetna), Larry Spitzer (CEO of Memorex), Charles Williamson (CEO at Unocal) and others.

Jon has authored several articles and books, including Why Pride Matters More Than Money, Peak Performance, Teams at the Top, Real Change Leaders, The Myth of the Top Management Team, and Firing Up the Front Line. He also co-authored (with Douglas Smith) The Discipline of Teams and the bestseller The Wisdom of Teams. Jon and Zia Khan's new book, Leading Outside the Lines, discusses how leading enterprises can accelerate behavior change and performance by mobilizing the informal elements of their organization to complement the formal.

Jon attended Brigham Young University and graduated with distinction from Stanford University in 1954 with a Bachelor of Arts degree in Economics. He obtained his MBA from Harvard University in 1959 where he was a Baker Scholar. Jon also served in the Navy during the Korean War as a Lt (jg) in the Pacific on the USS Whetstone (LSD 27) and on the USS Nicholas (DDE 449).

 

Customer Reviews

7 Reviews
5 star:
 (1)
4 star:
 (3)
3 star:
 (1)
2 star:
 (1)
1 star:
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Average Customer Review
3.3 out of 5 stars (7 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

14 of 14 people found the following review helpful:
4.0 out of 5 stars Living Your Values Will Motivate You More Than Added Money, August 12, 2003
By 
Donald Mitchell "Jesus Loves You!" (Thanks for Providing My Reviews over 109,000 Helpful Votes Globally) - See all my reviews
(VINE VOICE)    (HALL OF FAME REVIEWER)    (TOP 100 REVIEWER)   
This review is from: Why Pride Matters More Than Money: The Power of the World's Greatest Motivational Force (Hardcover)
The title of this book put me off. Why did I want to learn about how appealing to peoples' pride compared to paying them more?

When I got into the book, I was pleasantly surprised to find out that the subject is how living in accordance with your values is more motivational than being paid more. I would have read the book much sooner if I had realized that.

The basic point is that focusing on money as a motivational tool causes game-playing where the individual and the organization are pitted against one another. Where the organization and the individual see themselves as living the same values, constructive, mutually supportive behavior follows.

The book has an extensive discussion of what the author learned from his mother and from Marvin Davis, former head of McKinsey & Company. That part could have been a lot shorter.

I was intrigued to read in detail what the author feels is important about Marine training. Many books refer to Marines as having good values, but assume that the reader already has mastered the subject. I found the approach described here to be revealing and helpful.

Many who are stuck in organizations that are not doing well and have limited options will find the examples from General Motors to be valuable for seeing how the desire to do a good job can overcome many obstacles. Like a team that has had a good meeting of the minds at half-time, you can come back to take on all comers before the game is over. It's very fine material.

Unless you like to read lots of cases, how to implement the book's lessons is summarized nicely in an article-length epilogue beginning on page 181. If you already agree with the author's premise, you can start reading there and save a lot of time.

Where else in life are values important? How can you help bring them out in a positive way?

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10 of 12 people found the following review helpful:
1.0 out of 5 stars Fine Sentiment -- but not matched by the books contents, October 29, 2003
This review is from: Why Pride Matters More Than Money: The Power of the World's Greatest Motivational Force (Hardcover)
This was a strange book. I'd read Katzenbach's 'Wisdom of Teams' many years ago and really enjoyed it. But I didn't enjoy this book.

I wholeheartedly embrace the sentiments expressed on the flyleaf, such as "pride in one's work ... and in the sense of accomplishment, camaraderie and emotional attachment that comes with it is the key to success ..."

But what did I actually 'learn' from this book that I could take away and use, to change myself or to share with others? The answer is -- nothing. Contrary to the flyleaf, I found it neither "inspirational" nor "practical", just 'light'.

Maybe the 19-page Introduction should have served as a warning, but there was just no substance to the book. If a College Student had turned this in as a paper, then I would have accused them of stringing together a number of disparate stories, but never once did it actually come to any conclusion as to 'why', 'what' or 'how'?

It just relies on the innate 'sensibility' that "show me the money" isn't the answer, but it didn't explain to me what 'is' the answer.

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3 of 3 people found the following review helpful:
3.0 out of 5 stars Interesting stories, light on research, November 8, 2004
By 
A. Dolan (Malden, MA USA) - See all my reviews
(REAL NAME)   
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This review is from: Why Pride Matters More Than Money: The Power of the World's Greatest Motivational Force (Hardcover)
Coincidentally, I read Pride after reading Authentic Happiness, by Martin Seligman. Pride was filled with stories of various interest highlighting why money isn't always the compelling motivator. While I could relate to many of the examples, I was annoyed with his declarative conclusions based on those anecdotes. Seligman's book, on the other hand, was replete with descriptions of studies relating to the value (and power) of positive emotions (aka happiness). Applying what I learned from Seligman, I found Katzenbach more credible. (And Katzenbach will probably sound more credible in the business environment.)
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Inside This Book (learn more)
First Sentence:
Pride is the emotional high that follows performance and success. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
materialistic pride, intrinsic pride, pride matters more than money, rational compliance, instilling pride, building pride, motivational power, frontline employees, enterprise performance, motivational impact
Key Phrases - Capitalized Phrases (CAPs): (learn more)
General Motors, Southwest Airlines, Gary Lee, The Home Depot, New York Times, North America, Quality Network, Ramos Arizpe, Hills Pet Nutrition, David Novak, Entrepreneurial Spirit, Marine Corps, Hills Richmond
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