StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

The Importance of Motivation - Book Report/Review Example

Comments (0) Cite this document
Summary
The objective of the essay is to review an article entitled "How to set up incentive programs" and to identify the theoretical framework related to the area in organizational behavior.The discourse would show how recommendations in the article are informed, underpinned or supported by the OB theory…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.1% of users find it useful
The Importance of Motivation
Read TextPreview

Extract of sample "The Importance of Motivation"

Download file to see previous pages The article, written by Francis Goss, focused on the use of incentive programmes as motivational schemes in organizations. As indicated, the crucial factors that management must remember in designing incentive programmes are presence of following elements, to wit:  “relevant, measurable, open, fair and available to all” (Goss, 2010, p. 33). The failures of incentive schemes were identified to center on management’s inability to relay and communicate details of the scheme clearly and in all levels, and the setting of unrealistic standards and targets.The article, written by Francis Goss, focused on the use of incentive programmes as motivational schemes in organizations. As indicated, the crucial factors that management must remember in designing incentive programmes are presence of following elements, to wit:  “relevant, measurable, open, fair and available to all” (Goss, 2010, p. 33). The failures of incentive schemes were identified to center on management’s inability to relay and communicate details of the scheme clearly and in all levels, and the setting of unrealistic standards and targets. Goss (2010) accurately indicated a six step process as a guide to follow when setting up incentive programs with the following summary points: (1) the design of the incentive program must target all identified relevant personnel; (2) the rewards should be aspirational, meaning, they should be related to specified goals or objectives; (3) the scheme must be communicated through the organizational hierarchy in the most appropriate and effective mode and manner; (4) goals or objectives specific to the incentives must be accurate and clearly defined; (5) the standards and goals for performance must be attainable and realistic; and finally, (6) regular monitoring of progress of employees’ performance as a result of the incentive scheme must be put in place (Goss, 2010, p. 33). OB Theory The Business Dictionary (2010) defines incentive scheme as an “employee motivational program designed to encourage commitment to increasing productivity or in achieving some worthwhile objective such as reducing the number of manhours lost due to accidents” (par. 1). The definition reflected some of the critical elements identified by Goss as essential for its success: it a motivational tool designed to achieve a worthwhile objective through increasing employee commitment in enhancing productivity in the workplace. Weald (2008) examined factors that would determine incentive schemes that truly work: “a combination of reward, recognition and real-time feedback” (Weald, 2008, par. 3). Financial rewards could be augmented by other alternatives such as earning points which can be converted to prices, gift vouchers, vacation trips, and other work-related non-financial items. On the other hand, recognition programs could be designed by management through identifying outstanding performers in a define time frame, say, for the month, for the quarter, or for the whole year. Aside from recognizing the employees’ exemplary performance, they could be given meritorious increases in salary or gift packages, as deemed necessary. Weald (2008) cited the following recognition at ComXo: “One of our clients, ComXo, is running a scheme that is all about the recognition of staff. Borrowing from the Cadbury’s Heroes theme they have branded a ‘Thank You’ board. Each month anyone in the company can post on it a personal thank you to another member of staff – ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Importance of Motivation Book Report/Review”, n.d.)
Retrieved from https://studentshare.org/management/1405846-how-important-the-motivation-is
(The Importance of Motivation Book Report/Review)
https://studentshare.org/management/1405846-how-important-the-motivation-is.
“The Importance of Motivation Book Report/Review”, n.d. https://studentshare.org/management/1405846-how-important-the-motivation-is.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The Importance of Motivation

Human Performance: Theories and Principles of Motivation

I have been assigned two HRM consultants who are busy designing the motivation questionnaire to be administered to all the group employees. However, this also gave me an opportunity to reflect over my personal strengths and weaknesses as I would soon have the most responsible task of convincing the top management about the contents of the questionnaire and the finalization of motivation report and its possible uses in the group in the formulation of exact policies and tactics to improve employee morale. My immediate boss gave me this entire assignment breaking the line structure and formalized it by getting it ratified by the board. He also built an incentive and bonus deal for me to be awarded on the successful completion of the...
12 Pages(3000 words)Case Study

Autoimmune Diseases and the Importance of Their Treatment in the Modern Society

The research should be considered as the basis (from a theory and practice perspective) of immunology as it is known today. During the years that followed the above studies, immunology was developed furthermore and many theories were stated while the methods of treatment were differentiated in order to respond to the changing living standards and styles of life. The main reason for the choice of the particular topic has been its importance for patients that suffer from one of the types of the particular disease. In fact, a study published in the Environmental Health Perspective (2003, 483) proved that “autoimmune diseases are chronic, potentially life-threatening conditions; there are more than 80 recognized autoimmune disea...
10 Pages(2500 words)Case Study

The Importance of the 1957 Rome Treaty

Because the European Union became real after the Treaty of Rome was signed, the specific Treaty is regarded as having fundamental importance for the development of all the countries that participate in the European Union. From another point of view, Fischer (2000, 37) noticed that “EU is a legitimate customs union, with minimal internal barriers and a common external tariff; it is not uncommon for it to use standards or subsidies to protect or aid its own products and to exclude foreign products’. In other words, the main characteristic of the European Union is its integrity which can be translated as a common effort for financial, technological, legal and social development. Of course, there are cases where the power...
10 Pages(2500 words)Assignment

The Business of Ethics: The Importance of Working With Integrity

1), “The subject of business ethics is one that has a long history of debate in business, academic, and public circles. Views vary on the extent of ethical responsibility that businesses should exercise. The minimalist position, long espoused by Milton Friedman, holds that the only ethical responsibility a business has is to make a profit within the confines of the law. In a free-market society, this single-minded pursuit of profit-making is ultimately in the best interest of society because market forces will maximize the economic well-being of societys members. Furthermore, Friedman argues that corporations are legal, not moral entities, and hence have no ethical obligations.”
However, most people would disagree...
6 Pages(1500 words)Essay

The Importance of Strategy Process

This is so done because the advantage is much needed in such a scenario and it will help the organization to grow beyond the anticipated proportions. Building and indeed sustaining this advantage is a very significant exercise when one speaks of a competitive advantage in the first place. Competitive advantage is something that is built over time and requires synchronization between the tactics, activities and the overall strategy of the company which is producing the product(s). Competitive advantage is developed when there is a differential undertaking on the part of the customer. This could be in the form of lower prices than the competitors, better quality, efficient sales services, and support and a number of other features....
10 Pages(2500 words)Assignment

The Importance of Tourism to the World Economy

Since the eighties, perceived risk research has been of ongoing interest to tourism researchers, Dolnicar (2005) and Dickson, Chapman, and Hurrell (2000)  states. Contributions often include those which investigate positive risk as a factor in increasing tourists who are seeking a thrill. On the other hand, there are also those who view these risks as something negative, thus avoiding the destinations which are haunted by different risks such as diseases, terrorism and other forms of political instability (Dickson & Tugwell, 2000).

The current qualitative research inquired about the risks perceived by young people as regards both domestic and international traveling. A sample of 23 was interviewed for this purp...
15 Pages(3750 words)Research Paper

The Importance of Place in a Groups Ethnic Identity

His work spans a broad range of subjects from ethnography among peasants in Algeria, to sociological analysis of nineteenth-century artists and writers, education, language, consumer and cultural tastes, religion, and science in modern French society. (p. 2)
Bourdieu’s major theoretical contributions to sociology are his notion of habitus and its associated concepts of social field and agency. Given the breadth of literature and uses of examples that Bourdieu produced in order to articulate these concepts, there is much room for interpretation of what they meant and how much social agency they afford to individuals. Nonetheless, this paper will explore the habitus, field, and agency in terms of the fluid dynamics of the...
13 Pages(3250 words)Assignment

Correlation between Motivation and Efficiency

It also has many warehouses to deliver chilled and frozen food to customers. It is highly unpleasant for the workers to work in the chilled warehouses. Just five years ago, one of the warehouses in Stroke-on-Trent introduced a new technical system that transformed the attitude of the workers and their efficiency.
Though the company spent almost £ 300,000 on installing a new system, it reckoned that by cutting down the mistakes and providing a better workplace for workers it could save that much amount in the first year itself. Prior to the installation of a new communication system, workers felt much boring with the old techniques of writing the movements of goods by a bit of paper and pencils. Apart from mistakes and e...
6 Pages(1500 words)Research Paper

Ryanairs Staff Treatment and Motivation Problems

To prove that not all of the public accusations against the way Ryanair handles its employees is true; a combination of qualitative and quantitative research methods will be utilized using research survey questionnaires. Aiming to strengthen the research survey results, an interview with Ryanair’s human resource assistant manager, customer service supervisor, duty manager, and duty controller was conducted to enable the researcher to gain a better insight with regards to employees’ views on labor unions and the type of motivational strategies used by the company.
Ryanair is an Irish low-cost airline with its head office in Dublin and its main operational base at London Stansted Airport. It is Europes major low-cos...
43 Pages(10750 words)Dissertation

The Importance of Employee Empowerment in the Global World

Empowerment is the authority to make decisions within one’s area of operation without having to get approval; from anyone else. Here the operatives are encouraged to use their initiative to do things the way they like. To this end, the employees are given not just authority but resources as well so that they not only take decisions but implement them quickly. This empowerment means giving the employees the authority to make decisions and providing them with financial resources to implement these decisions (Koch & Godden, 1997 11).
Employee participation and empowerment participation means sharing the decision making power with the lower ranks of an organization in an appropriate manner (Lashley & McGoldrick, 199...
9 Pages(2250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Book Report/Review on topic The Importance of Motivation for FREE!

Contact Us