Search
 

Motivational 'Carrots' in Enterprise Risk Management

What can risk professionals do to motivate colleagues to truly embrace ERM and drive ORSA-related initiatives?

By Denise Tessier | Updated on January 09, 2014

Motivation is defined as the process that propels, directs, and maintains goal-oriented behaviors. It is the driving force causing us to act. Most of our pursuits in life—everything from continuing our education so we can get a better job, to running or exercising to improve our health—are a result of the complex mix of emotional, social and intellectual forces that guide our behavior and professional achievement.

Motivation can be extrinsic, derived from anticipated rewards such as bonuses, social recognition, and professional degrees, or it can be intrinsic, driven from within, by such factors as the satisfaction one gets from acting ethically, or a sense of accomplishment from solving complex problems.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.