Think Small: The Surprisingly Simple Ways to Reach Big Goals by Owain Service & Rory Gallagher

Author:Owain Service & Rory Gallagher [Service, Owain]
Language: eng
Format: epub
Publisher: Michael O'Mara
Published: 2017-04-05T22:00:00+00:00

This chapter has been about putting in place rewards to help you or others achieve certain goals. But we’ve seen that it’s not as simple as we might assume. You should ensure that any overarching reward is meaningful by focusing on four key principles: directly link the reward (or sanction) to your overarching goal; make sure it’s sufficiently meaningful to you that you really care about the outcome; ensure that it is binding; and think about setting it up so that you stand to lose (rather than gain) something. But alongside a big reward for achieving your ultimate goal, you should consider supplementing this with smaller incentives linked to specific ‘chunks’ of activities. The idea here is to be able to put in place mechanisms that offer you frequent equivalents of the pat-on-the-back, which can help to encourage the formation of good habits. Finally, we highlighted that you should be aware of the potential for straight financial incentives to undermine your intrinsic motivation. Thankfully, there are lots of ways to avoid this happening – for example, by framing your incentives carefully, rewarding yourself with experiences instead of money, or even creating ‘anti-incentives’. You could also consider using group incentives since (as the next chapter will demonstrate) drawing up the help of others can be one of the most effective ways of helping you to achieve your goals.

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