One of managers’ primary responsibilities is motivating their teams to do their best work — and feel a sense of fulfillment in the process. A motivated team is a highly engaged one; its members are better at handling uncertainty, solving problems, and applying high levels of creativity and innovation to their work. They’re also much more likely to stick around. Motivation can be driven by intrinsic reasons (e.g., a desire to learn or be challenged) or by extrinsic ones (e.g., a desire to gain status or earn a financial bonus). Not every team member is going to be motivated in the same way, and the role of a manager is to discover team members’ motivation preferences and then meet those preferences.
https://knowledge.wharton.upenn.edu/article/motivator-in-chief-getting-the-most-from-your-team/