CHECK THESE SAMPLES OF The Importance of Motivation
...?The Importance of Motivation Introduction One of the most researched topics in organizational behavior is motivation. It is found to be a crucial factor in the efficient performance and retention of employees in diverse organizational setting. Management should be aware of and recognize the personnel’s motives for their effective leading, guiding, and directing. The dynamics of behavior is a very challenging area to unravel and, if properly understood, can form the basis for morale building and development among the employees which, in turn, results in job satisfaction and high productivity. In this regard, the objective of the essay is to review an article in organizational behavior entitled How to set up incentive programmes... regularly...
9 Pages(2250 words)Book Report/Review
.... The behavior that needs modification should be specified to the employees at the time of punishment. In today’s world, employee satisfaction and retention have become issues of high importance. Employees who are satisfied are more productive, innovative and show high levels of enthusiasm and commitment to their organization. A high staff attrition rate and absenteeism levels can affect the financial performance of the company because outsourcing, recruitment and retraining may give rise to heavy costs for the organization. However, only a handful or organizations understand the true implications of keeping their employees satisfied. Applying Fredrick Herzberg’s theory of motivation to real life is not...
6 Pages(1500 words)Essay
...? The Importance of Internal Motivation Motivation refers to the forces that drive behavior. A number of researchers – Maslow, Alderfer, Festinger, Herzberg, Riess, Vroom and others have studied the elements of motivation over the last century, and have contributed to our understanding of how humans experience and respond to motivation (Rothman, Baldwin, Hertel, 2004; Reeve, 2009). Motivation may result from factors that are either internal or external to the individual. External motivation results from factors like incentives and rewards, as well as from the threat of punishment. The motivation experienced by the individual to act in a particular manner in the presence of an external motivator is considered relatively transient... do feel...
3 Pages(750 words)Essay
...? MOTIVATION How motivation can affect The employees’ commitment and performance at work 07 January Introduction Motivation of the employees forms a very important position in any given company and this has been recognised by various business companies and organisations worldwide. Simon and Enz (1995) assert that motivation is the factor that drives people into choosing a specific and particular job and then continue working at the said company while putting in his or her best effort. Ramlall (2004) also gives another definition of employee motivation as having the will to exert high levels of effort towards organizational goals,...
6 Pages(1500 words)Essay
...relevance because a workforce with high morale has a higher output and productivity. This paper would venture into the various theories and approaches to enhance workforce morale from the classical theorists such as Taylor until present perspective on workforce morale. II. Importance of motivation In any business enterprise, the human resource are always considered as the most important asset. Their performance can spell a difference between a business’ failure or success especially in today’s very competitive environment (Guld 2007). Business organisations with a committed and motivated workforce does not only have higher productivity but also ensure the viability of...
5 Pages(1250 words)Case Study
...Motivation What motivates people to do their best work? Motivation is defined by Merriam-Webster Dictionary (2013) as "the act of process of giving someone a reason for doing something; the condition of being eager to act or work; a force or influence that causes someone to do something." Understanding what those reasons or rewards might be so that workers are eager to do their jobs each day is important for businesses and for individuals. A number of different motivation theories have been developed, beginning with the work of Abraham Maslow. Although many of them are based on Maslow's ideas, there are significant differences between them that change...
7 Pages(1750 words)Essay
...ECONOMICS The 'Managerial' theories of the firm seek to provide models characterised by 'realism in motivation', whilst recognising the continuedimportance of profit in the corporate environment.
Contents
Contents 3
Introduction 4
Incentives tools available 4
Wage and bonus increases 5
Group incentives 6
Stock Options 7
Stock Options for Early-Stage and Entrepreneurial Companies 8
Non-Monetary Rewards 10
Who are the Owners, and Who is Running the Company 12
Conclusion 13
Bibliography 14
Introduction
Standard economic theory would indicate that the more managers are offered to work in a firm, the greater their motivation to work, and the more attractive employment in the firm is to those searching...
9 Pages(2250 words)Essay
...was also equally prevalent in all three generations. This study provides real-life data as empirical data has been collected and hence the results can be relied upon.
Giancola (2010) focused on misconception in rewards management which can result in costly missteps by the organizations. One such misconception studied was that substantial differences exist between generations as far as reward strategies that serve to motivate workers are concerned. Giancola cites the study of Gallup Organization conducted in 2007 when 1327 adults were surveyed. The most important employment reward or motivator for all generations was interesting work, opportunity to grow, high-quality management and...
36 Pages(9000 words)Essay
...Motivation is a concept that is popular in the current field of management, and this is based on the fact that most employers normally want their workforce to be motivated for the purposes of improving efficiency in their duties (Karabenick and Urdan, 2010). Motivation can be defined as a management process whereby managers of an organization create a desire on their employees to be effective and productive on whatever they do (Higgins, 2012). Motivation is an important element in the managerial practice, and this is because employees who are well motivated will always be more productive, and engaged in the work they undertake.
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2 Pages(500 words)Speech or Presentation
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The Importance of Motivation
1- Is money a motivator? Always?
Motivation is important for employees. Although organizations have limited power and authority to motivate employees, they try to do so intrinsically and extrinsically. It is noted that where on one hand unfair salaries decrease the morale of employees, fat paychecks also do not always motivate employees. According to Herzberg, organizations should not solely depend upon money for motivating their employees. It is recorded that money and perks do not motivate many employees who want to work in a challenging environment in...
2 Pages(500 words)Essay
