Incentives can be very powerful, yet they also undermine virtue if not planned out carefully. Since we always strive for a Kaizen Culture where every action makes the world or practice a better place, we must burst the myth of the one-size-fits-all Bonus System once and for all.
The examples of Bonuses Gone Bad should scare even the most confident doctor. Use their example to avoid catastrophe.
In this Episode You’ll Learn:
And Much, Much More…
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The Dr. Chris Griffin Show – Season 1 Episode 6
“When you rely on incentives, you undermine virtues. Then when you discover you need people who actually want to do the right thing, those people don’t exist because you’ve crushed anyone’s desire to do the right thing with all these incentives.” Now who said that?
Welcome to the Dr. Chris Griffin Show. Your resource for leveraging systems and technology to easier workload, increase productivity and provide you with the time off you deserve to live the life of your dreams. It’s time to practice productivity in the passionate pursuit of a better life with your host, Dr. Chris Griffin. The doctor is in.
Okay, I think I got a few of you on that one. That was a, that’s a little bit of a tricky one. I didn’t go into the distant past, the way we go a lot of times when we do these things. But I did actually pull this off a pretty recent tad talk that I thought was pretty awesome. And I’ll be telling you about that too. So let’s tell, let me tell you a little bit about the author of the quote. It’s Dr. Barry Schwartz. Now Dr. Schwartz is a professor of Psychology at Swarthmore College and he is also a, I found out after I’ve Googled him, a frequent New York Time editorial author. And, but the tad talk that I saw that I was so impressed by, and it makes so much sense for so many things in the book he wrote along with that tad talk. The tad talk and the book, they’re called the Paradox of Choice. And this is from about 10 years ago but and it’s a little crazy when you watch it. I mean, he’s on stage but he’s on these shorts but he’s a super smart guy, you can tell. And he’s got so much to say and so many things he says really apply to a dental office. He’s really amazing.
So yeah, Dr. Schwartz gave that quote and not only besides that, he gave another quote that I think is very applicable to what we’re talking about today and that quote is “Too little attention is paid to the dark side of incentives, they are anything but a magic bullet. Psychologists have known this for years and I’m sad to say that I didn’t necessarily learn that as quickly as I have in dental practice. But we’re going to go through that today and we’re going to talk about bonuses. The title of the today’s episode 6 is Dental Bonus Horror Stories. I was thinking about using a like a Vincent Press voice if I could conjure one to say that but I guess I couldn’t really come up with a good person that I thought I could imitate. So we’re just going to use my regular voice....