3.What is motivation..?
Internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job, role or subject, or to make an effort to attain a goal.
Motivation results from the interaction of both conscious and unconscious factors such as the intensity of desire or need, incentive or reward value of the goal, and expectations of the individual and of his or her peers. These factors are the reasons one has for behaving a certain way. An example is a student that spends extra time studying for a test because he or she wants a better grade in the class. (Business Dictionary.com)
Motivation is a general team applying to the entire class of drives, desires, needs, wishes, and similar forces. To say that managers motivate their subordinates is to say that they do those things which they hope will satisfy those drives and desires and induce the subordinates to act in a desired manner.
3.1 Why is motivation important for businesses?
It is often said that the best businesses have the best motivated workers. Why might this be important? Because well-motivated employees are usually characterised by: Higher productivity (i.e. they produce more for a given level of resources than poorly-motivated workers) Better quality work with less wastage
A greater sense of urgency (things happen quicker - when they need to) More employee feedback and suggestions made for improvements (motivated workers take more "ownership" of their work") More feedback demanded from superiors and management
Working at 80-95% of their ability
3.2 Motivational strategies in business
One strong motivational strategy is to maintain open communication with your employees. When employees feel like their ideas are being heard, and that they have a say in the direction the company FutureU is going in, then they are more apt to take a direct interest in the victory of the company. Allowing employees to air their ideas, and then using some of those ideas openly, gives employees a feeling of responsibility toward the company's success. The staff has a limited ownership in the ideas that move the company onward and that can be a very strong motivation.
Employees are motivated by success when that success translates into material reward for them. When they are given incentives for their monthly sales targets, they force to achieve more. Then FutureU can achieve the targets that have as well as FutureU can have a well motivated staff.
Even the best manager knows that each employee knows her daily job tasks better than anyone else in the company. Empowerment as allowing an employee to have more authority over her daily job duties and less need for managerial supervision. In some cases empowerment may not work. Some employees require regular supervision to be effective. But the employees that show initiative and the desire to alter their duties to make their job processes more efficient should be allowed to have more of a say in what they do. Empowerment, in conjunction with the proper training, can be a powerful employee motivational strategy.
3.4 Motivational theories
Psychologists have studied human motivation extensively and have derived a variety of theories about what motivates people.
Needs-Based Theories of Motivation
Maslow’s Hierarchy of Need- Maslow (1954) postulated a hierarchy of needs that progresses from the lowest, subsistence-level needs to the highest level of self-awareness and actualization. Once each level has been met, the theory is that an individual will motivated by and strive to progress to satisfy the next higher level of need. The five levels in Maslow’s hierarchy are, Physiological needs- including food, water, sexual drive, and other subsistence-related needs. Safety needs- including shelter, a safe home environment, employment, a healthy and safe work environment, access to health care, money,...
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