Leadership Perspective in Mangerial Accounting

The video discusses the role of managerial accountants in understanding management and leadership. It emphasizes the importance of recognizing intrinsic motivation, extrinsic incentives, and cognitive biases to influence employee behavior effectively. By understanding these factors, leaders can ensure employees are motivated, content, and aligned with company goals.

How can understanding intrinsic and extrinsic motivations help in achieving company goals?

In what ways can extrinsic incentives be utilized to motivate employees?