1) Various managerial techniques used to motivate people Motivation is the act of stimulating someone or oneself to get a desired course of action‚ to push the right button to get a desired result. Motivation has been shown to have roots in physiological‚ behavioral‚ cognitive‚ and social areas. Various managerial techniques used to motivate people A) Monetary or financial incentives Monetary incentives are offered in terms of money. Such incentives provide more cash or
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1 Theories of Motivation Motivation is regarded as one of the most important areas of study in the field of organizational behavior (Cadwallader‚ S. K. 2003). In a general way‚ the term motivation theory is concerned with the processes that describe how and why human behavior is directed and activated. How to improve and enhance the industry or company is based on how to motivate employees‚ which is an effective method to increase competitive businesses’ advantage and extend their value (Rahman
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direct impact on the productivity and profitability of the organization. High motivation levels among employees result in maximum utilization of resources. As the motivating factor varies from person to person‚ it’s extremely important to carefully research on the motivational strategy that an organization wants to implement. The most commonly used motivational techniques include bestowing employees with recognition and monetary benefits- these are referred to as Direct motivation. The approach adopted
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European Journal of Business and Management ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol 3‚ No.9‚ 2011 www.iiste.org Application of Frederick Herzberg’s Two-Factor theory in assessing and understanding employee motivation at work: a Ghanaian Perspective Kwasi Dartey-Baah (Corresponding Author) Department of Organisation & Human Resource Management‚ University of Ghana Business School P.O. Box LG78‚ Legon‚ Accra-Ghana‚ West Africa Telephone: 00233209621292 Email: kdartey-baah@ug.edu.gh
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study Many researchers and authors have defined the concept of motivation. It has been defined as: * The psychological process that gives behavior purpose and direction (Kreitner‚ 1995) * A predisposition to behave in a purposive manner to achieve specific‚ unmet needs (Buford‚ Bedeian‚ & Lindner‚ 1995) * An internal drive to satisfy an unsatisfied need (Higgins‚ 1994) * The will to achieve (Bedeian‚ 1993). Motivation is defined as the inner force that drives individuals to accomplish
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Expectancy Theory of Motivation The Expectancy Theory of Motivation is as a technique of motivation that looks at a way to motivate and engage an individual or group. If an individual or group is motivated to do a task it will show in their performance. Finding what motivates can lead to them putting in more effort which leads to batter performance which leads to the reward that motivated them in the beginning. There are three components or relations in the Expectancy theory of motivate; effort
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Expectancy Theory of Motivation The three components and relationships in the Expectancy Theory of Motivation are the expectancy component which relates to the effort –performance relationship‚ the instrumentality theory component which relates to the performance-reward relationship‚ and the valence theory component which relates to the rewards-personal goals relationship. Effort – performance relationship is the probability perceived by the individual that exerting a given amount of effort
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Creative ideas and productivity are essential to maximizing this income‚ for which motivation is a key factor. A motivated workforce results in a job being done excellently which can therefore yield higher profits for the company. This illustrates why motivation is considered to be highly important and most companies are trying to focus on how to get their employees motivated. In addition‚ motivation is also important because it has a strong positive effect on job performance which increases self efficacy
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Portfolio 1 Maslow’s theory “aims to resolve the confusion between drives and motives” (Huczynski and Buchanan‚ 2007 p.242). Maslow’s view was that “individuals had to satisfy lower level needs before seeking to satisfy higher level needs” (Cole‚ 1995 p.71). Maslow’s (1943) hierarchy was identified as eight steps but was broken down to five‚ with highest needs at the top and lowest needs at the bottom (Mullins‚ 2010). Each stage has a set of needs that motivates employees. Managers should understand
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CHAPTER 7: SELECTION Recruitment – function of attracting the best possible candidates to fill up a vacant position. Selection – a critical component to the growth of your organization. The responsibility of effective selection rests on the partnership between the human resource professional and the line managers. The selection process covers the ff: Screening applications and resumes Conducting tests to the applicants Interviewing Performing reference or background check Deciding whether
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