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Performance-Driven Teams and Motivation

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What differentiates someone that is intrinsically motivated from someone that is extrinsically motivated? Give an example of how you would go about motivating an individual who is intrinsically motivated and one who is extrinsically motivated. What are the characteristics of a performance-driven team?

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The following posting discusses performance-driven teams and motivation. Extrinsic and intrinsic motivation are also discussed in the solution.

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Questions: What differentiates someone that is intrinsically motivated from someone that is extrinsically motivated? Give an example of how you would go about motivating an individual who is intrinsically motivated and one who is extrinsically motivated. What are the characteristics of a performance-driven team?

Solution: Extrinsic motivation is motivation that is derived from tangible factors such as money, prizes etc.
Intrinsic motivation comes from intangible factors such as prestige, respect, knowledge, ...

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