I agree that progress could motivate if...
- it's not a way to micro-manage employees
- it's not a way to push harder on the employees
- failure is also considered progress
- my definition of progress is your definition of progress is my manager's definition of progress. I.e., we are aligned of what progress means.
I agree with the author's analysis. I've witnessed this multiple times with my teams.
Bonuses, raises and pizza parties are short-term, extrinsic motivators. My belief is that true leadership taps the intrinsic, sustained motivation within each of us. When an individual sees progress and is recognized for those contributions (simply verbally acknowledging them), the rewards are substantial for the employee and the department.