In Bangladesh perspective to motivate the employees one can use the techniques stated and explained by the social researchers. Motivating staff by training, self motivation, recognition, awards, incentives, incentive programs, employee satisfaction, employee reward programs, team building, employee recognition programs which will ultimately increase employee productivity. ACI Ltd. applies some motivational technique to motivate their employees. These techniques are applicable in the business environment of Bangladesh. Motivational techniques of ACI Ltd. are:
Level of Autonomy:
Empowering employees to have some decision making capabilities is a great way to provide motivation. Offer staff the tools to utilize their talents and want some responsibility. Most people want to have some independence as they make the day to day decisions that may arise. Some employees who are micro-managed get frustrated and as a result become de-motivated.
Management by Objectives (MBO)
Structural approach to organization-wide participative goal setting that aims to serve as a basis for-
(A) Greater efficiency through systematic procedures,
(B) Greater employee motivation and commitment through participation in the planning process, &
(C) Planning for results instead of planning just for work.
In MBO practice, specific objectives are determined jointly by managers and their subordinates, progress toward agreed-upon objectives is periodically reviewed, end results are evaluated, and rewards are allocated on the basis of the progress. The objectives must meet five criteria: they must be -
(1) Arranged in order of their importance,
(2) Expressed quantitatively, wherever possible,
(3) Realistic,
(4) Consistent with the organization's policies, and
(5) Compatible with one another.
Suggested by the management guru Peter Drucker (1909-2005) in early 1950s, MBO enjoyed huge popularity for some time but soon fell out of