BACKGROUND OF THE COMPANY2
History of Genting Highlands3
Maslow’s hierarchy of needs5
McClelland’s acquired needs theory9
Pros of Employee Motivation10
Cons of Motivating Staff10
Will Not Last and Employees become greedy10
Job description oriented11
Pinpoint each employee’s personality.12
BACKGROUND OF THE COMPANY
The Genting Group is Malaysia’s leading multinational corporation and one of Asia’s best-managed companies. The Group has over 35,000 employees, 4,500 hectares of prime resort land and about 133,000 hectares of plantation land.
The Genting Group is the collective name for Genting Berhad and its subsidiaries, and comprises the following four listed entities with a combined market capitalisation of about RM87.9 billion (US$27.6 billion). (* as at 31 July 2010)
| (exchange rate: Approx US$ 1= RM3.18*) |
The Genting Group was founded in 1965 by the late Tan Sri (Dr.) Lim Goh Tong with the development of a beautiful highlands resort in Malaysia named Resorts World Genting (formerly known as Genting Highlands Resort). Located at 2,000 meters above sea level and 58 kilometers from Kuala Lumpur, Resorts World Genting is now one of the world’s leading integrated entertainment resorts, attracting 19.5 million visitors in 2009 (see History for further details). Under the leadership of Tan Sri Lim KokThay, the Genting Group continues to grow from strength to strength. His commitment to excellence, innovation and growth has resulted in the birth of premier global brand names.
Genting Berhad is the investment holding and management company of the Genting Group. The principal activities of the Group are leisure & hospitality, power generation, oil palm plantation, property development and oil & gas.The Group is committed to continue to grow strongly as a leading Asian multinational corporation.
History of Genting Highlands
Almost all of Malaysians will know Genting Highlands. So what make genting so famous? The idea of creating a hill resort located in proximity to Kuala Lumpur came up in the late Tan Sri Lim Goh Tong's mind when he amidst the crisp air of Cameron Highlands during a business trip in 1964. He mooted this idea while enjoying the fresh and crisp air from the balcony at his hotel room. On 27 April 1965 A private company called Genting Highlands Berhad was set up , with the late Tan Sri Haji Mohammed Noah bin Omar. Selangor state government agreed to grant a freehold lease to Tan Sri Lim too. On 18 August 1965, a technical and construction team began the herculean task that would take four years to complete the access road from Genting Sempah to the peak of Gunung Ulu Kali. On 31 March 1969, a gaming licence was suggested by YTM Tunku Abdul Rahman to help accelerate the development of this remote area. In 1971, the first hotel at Genting Highlands was successfully completed and was then named Highlands Hotel (now renamed Theme Park Hotel). Now, Genting Highlands Resort has six hotels (namely Maxims, Genting Hotel, Highlands Hotel, Resort Hotel, Theme Park Hotel and First World Hotel) and two apartment blocks (Ria and Kayangan Apartments) at the hilltop and Awana Genting Highlands Golf and Country Resort. Together with integrated world-standard entertainment facilities encompassing various leisure, indoor and outdoor theme parks and gaming facilities, Genting Highlands Resort has become the "City of Entertainment" and Malaysia's Premier Resort. In 1997, Genting Highlands Resort further boosted its facility attraction with Genting Skyway cable car system that provides a 3.38 km transport to the hilltop. Genting Skyway is also recognised as the "World's Fastest Mono Cable Car System" with a maximum speed of...