Optional material for aligning interests

1. This story from NPR is a great example of the effect of incentives. It is an account of a car dealership that earns a sizable bonus if it sells 129 cars in the month.
2. This video on the Cobra Effect. It has several examples of incentives that created unwanted responses.
3. This post from HBR discusses over-reliance on incentive compensation
4. The links from this post give two perspectives on the importance of monetary compensation schemes. Non-monetary incentives are useful complements to monetary incentives. (Pay attention in MGMT 641.)
5. View this clip.  (The instructor predicts that you will laugh.) Is the monkey that rejects cucumber rational?
6. View this humorous clip to see Captain Ron use incentives to prompt good effort.
7. View this humorous clip from Jerry McGuire. What motivates the football player?
8. Better than money? Geoffry James gives a list of 10 things he claims are more important to employees than money.
9. Here is a humorous critique of recognition rewards.
10. Millner’s blog, label = aligning interests. Even more from the instructor!
11. Froeb’s blog, label = Chapter 21
12. Read this report from Stern Stewart to see an example of the disadvantages of making a scheme complex.