The two most fundamental categories of an individual’s motivation are intrinsic and extrinsic motivation. These terms describe nothing more than where the motivation originates. Intrinsic motivation is the motivation that comes from within an individual such as their personal goals and desires, while extrinsic motivation is concerned with the motivational forces that arise from the outside world such as compensation and recognition for a job well done. Intrinsic motivation has a greater implication to overall achievement than extrinsic motivation. This idea suggests that when looking to motivate individuals to perform at a higher level, we should seek to understand what internal motivations they may have and feed those. By doing so, an organization would see overall greater benefits and would be more poised to achieve their ultimate goals.
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