More beer and cake please!

I have been having a debate with some of my colleagues on the best ways to improve performance and motivate people at work.  My view is that money only works in a few specific situations and that it can create negative impacts unless it is seen to be fair.  Much more important is to appeal to the things that "make people want to get up in the morning".  This will be different for different people, so understanding what makes your team tick is key. In my experience, skilled people like to be given independence, they want to get better at what they are doing and they want to be able to identify with what the end vision is. 


Came across these brilliant animated "pearls of wisdom" from leading world thinkers.  This one is from Dan Pinks and highlights some surprising things about what motivates us.  I particularly like the idea of more beer and cake.........Do you think what he says is right and, if so, how can you use this within your organisations?