Frederick Herzberg's Two Factor theory, as presented in 'How Will You Measure Your Life', suggests that there are two sets of factors that influence motivation at work: Hygiene Factors and Motivators. Hygiene Factors, such as compensation, status, job security, and work conditions, are necessary to prevent dissatisfaction. However, they do not contribute to long-term satisfaction or motivation. On the other hand, Motivators, like challenging work, recognition, responsibility, and personal growth, lead to job fulfillment and are highly correlated with financial rewards. The theory emphasizes finding a career that not only satisfies key hygiene factors but also has true motivators for long-term satisfaction and success.

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How Will You Measure Your Life

Management theories not only can be applied to our careers, but also personal lives. Think of them as a resource allocation problem. You have limited...

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Employees are not motivated by financial incentives. Frederick Herzberg's Two Factor theory says that compensation, status, job security and work conditions are Hygiene Factors necessary to not hate your job. But job fulfillment comes from Motivators like challenging work, recognition, responsibility and personal growth. Find a career that has true motivators and satisfies key hygiene factors. Careers that are rich in motivators are highly correlated with financial rewards. The reverse does not hold. People who find a job that is meaningful to them have a distinct career advantage. They can put their best effort every day and soon become very good at what they do. Therefore they naturally gain access to hygiene factors like good compensation, status, job security and good work conditions. Professor Henry Mintzberg says that there are two ways in which strategy is formed. Deliberate Strategy arises from conscious, planned action based on anticipated opportunities. Emergent Strategy eme...

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The actionable takeaways from 'How Will You Measure Your Life' for individuals seeking a meaningful and fulfilling career are:

1. Find a career that has true motivators and satisfies key hygiene factors. This includes challenging work, recognition, responsibility, and personal growth.

2. Careers that are rich in motivators are highly correlated with financial rewards. If you find a job that is meaningful to you, you can put your best effort every day and soon become very good at what you do. This will naturally gain you access to hygiene factors like good compensation, status, job security, and good work conditions.

3. Be aware of the two ways in which strategy is formed: Deliberate Strategy and Emergent Strategy. The former arises from conscious, planned action based on anticipated opportunities, while the latter emerges from unexpected opportunities.

The strategies discussed in 'How Will You Measure Your Life' can significantly influence personal growth and job fulfillment. The book emphasizes the importance of finding a career that not only satisfies key hygiene factors such as compensation, status, job security, and work conditions, but also provides true motivators like challenging work, recognition, responsibility, and personal growth. Such a career is meaningful and allows individuals to put their best effort every day, leading to personal growth and job fulfillment. Moreover, the book discusses the concept of Deliberate and Emergent Strategies, which can be applied to personal growth and career development. Deliberate Strategies involve conscious, planned actions based on anticipated opportunities, while Emergent Strategies emerge over time as an organization adapts to its environment.

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