TheOtherDave comments on The cup-holder paradox - Less Wrong Discussion
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I find it implausible that the threat of being fired is the only good way to motivate workers. It definitely seems like some companies are much better run than others, doesn't it? How do you think the best-run ones are well run? Probably by hiring the best people and having a great corporate culture. Here's a good Aaron Swartz piece on this.
To a degree I'd expect that to be true, especially if the books are written by smart, credible people, which is how I tend to perceive the authors of the best business books. Certainly much more credible than the folks who write books on how to win the lottery scientifically.
Like you, I find it implausible that the threat of being fired is the only good way to motivate workers. Indeed, for many jobs I don't even think it's a good way.
I think the best-run companies are well-run by virtue of individuals in positions of influence who are good at running companies. Hiring good people is a symptom of that, as is having a great corporate culture. A poorly run company won't suddenly get better if the CEO decides "Oh, I know! Let's hire the best people and have a great corporate culture!" unless said CEO develops skill at running companies.
Regardless, thanks for answering my question.