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Singapore Democrats
Singapore needs to turn to intrinsic incentives to stimulate innovation and raise productivity, and not just depend on a state-driven dollars-and-cents approach, DPM Tharman Shanmugaratnam said at the DBS Asian Insights Conference 2014 last Friday.
“At the end of the day, we need a less dollars and cents approach to this,” Mr Tharman advised. “But at the end of the day, it is a matter of social culture. It has to be more intrinsic, not just relying on extrinsic incentives. I have to want to be the master of what I am doing, whatever it is."
This is exactly what the SDP has been saying for years. Dr Chee Soon Juan wrote in his book Your Future, My Faith, Our Freedom: “At a societal level, an intrinsically motivated people is a people more productive and innovative than one fed on a staple of extrinsic rewards.” The year was 2001.
Why did it take so long for the PAP to recognise this – almost 15 years late? In the meantime, how much have we lost in terms of
http://therealsingapore.com/content/sdp-tharman-affirms-what-sdp-has-been-saying-all-these-years
Singapore needs to turn to intrinsic incentives to stimulate innovation and raise productivity, and not just depend on a state-driven dollars-and-cents approach, DPM Tharman Shanmugaratnam said at the DBS Asian Insights Conference 2014 last Friday.
“At the end of the day, we need a less dollars and cents approach to this,” Mr Tharman advised. “But at the end of the day, it is a matter of social culture. It has to be more intrinsic, not just relying on extrinsic incentives. I have to want to be the master of what I am doing, whatever it is."
This is exactly what the SDP has been saying for years. Dr Chee Soon Juan wrote in his book Your Future, My Faith, Our Freedom: “At a societal level, an intrinsically motivated people is a people more productive and innovative than one fed on a staple of extrinsic rewards.” The year was 2001.
Why did it take so long for the PAP to recognise this – almost 15 years late? In the meantime, how much have we lost in terms of
http://therealsingapore.com/content/sdp-tharman-affirms-what-sdp-has-been-saying-all-these-years
