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Essentials Mangement - Essay Example

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Management functions, theories and principles are undergoing drastic changes in the current world because of the changing concepts of business under globalization and liberalization. Traditional management theories have given way for new strategies and business concepts. Change…
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Download file to see previous pages “Without inspiration the best powers of the mind remain dormant, they is a fuel in us which needs to be ignited with sparks” (Johann Gottfried Von Herder, n.d) Motivation is accepted as the driving force behind every human action and organizational principles; whether it is traditional or new, also give much importance to motivation in a business setup. Human actions are primarily for certain goals and anything which helps them to achieve these goals will motivate them. Organizations are spending a substantial period of time in researching about the possible methods or strategies which can motivate the employees. Traditional methods like the rewards and punishments are not enough at present and the employees are thinking something beyond that because of the changing culture, social norms and life styles. The question of a generalised theory of motivation is on card for long time and many business experts are divided in their opinions about the above issue. This paper critically analyses the possibility of a generalised theory of motivation at work place.
From the above diagram it is clear that achievement, recognition, nature of work and responsibility are the key motivating factors whereas how the business is run, supervision, work conditions and pay scale are the main areas which can demoralize or prevent the workers from achieving job satisfaction. An employee will be definitely motivated, if his achievements are recognized and complemented by the organization. For example, a worker who completes a project efficiently, economically and before the schedule should be complemented by some rewards which will boost his energy for improving his productivity further and further. On the other hand, if the organization fails to respond such outstanding piece of works will definitely prevent the employees from making a conscious effort ...Download file to see next pagesRead More
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