Assignment 2
Business Management and Organizational Behaviour
Submitted To: - Prof. Oluseyi Sode
Submitted by: - POREDDY PRANITH REDDY
Student Id: - 4511681
Introduction
Motivating the employees in the organisations helps in increasing the productivity of
the company and increases job satisfaction for employees. It's the degree of
dedication, enthusiasm, and enthusiasm that a company's employees bring to the
job each and every day. Without it, businesses face lower levels of production and
productivity, and it's possible that they won't accomplish key objectives either in
order to retain employee engagement, businesses must develop tactics. (Why
employee motivation is important and how to improve, measure and maintain it,
2022)
I prioritise my values according to what is most important to me at that period of time
in my life. My family, friends, health, and profession are often my top values.
However, one value could take precedence over the others depending on the
circumstances in my life. I care a lot about my career. I will work better and try to
improve myself professionally everyday. I take satisfaction in the fact that I think my
career has a positive impact on society. These are just a handful of the principles
that I hold dear. Compassion, honesty, integrity, and loyalty are some additional
ones, but they're not the only ones.
I like to work in a meaningful and enriched job. It helps me to grow in my career by
gaining knowledge about different fields in my work. It gives me job satisfaction,
creates motivation and increases work quality. By doing an enriched job, I get to
learn more skills and variety of tasks in my job. It is an incredibly exciting job for me
to assign the combined duties to the employees by putting them back together to
create a new and larger module of work. A direct link between the employee and
clients, for which the management is accountable, must be established between the
client and the user of the good or service that the employer works on.
The study of motivation theory aims to identify and comprehend the factors that drive
someone to work toward a certain goal. In addition to its various applications in
psychology and sociology, this theory is crucial for organisations, particularly in
regard to management.
1. Incentive theory - Humans are driven by reinforcement, acknowledgement,
incentives, and rewards, claims the incentive motivating hypothesis. The
incentive theory postulates that people may behave in numerous ways in order to
achieve a certain result, start a specific activity, or reap a specific reward. Here
are some examples of workplace rewards
a. Bonus
b. Praise
c. Opportunity
d. Promotion
e. Salary or wage
f. Paid time off or vacation
2. McClelland Need hypothesis theory
According to McClelland's need theory, there are three primary desires that the
majority of people have, and each need is linked to a certain personality type that is
motivated to satisfy it. Managers may be able to place staff members in settings
where they may thrive and accomplish their goals by taking into account the needs
of their employees using McClelland's need theory. Examine these three criteria to
determine which incentive could be most useful for each employee: (Employee
Motivation, 2022)
Need for achievement
Need for power
Need for affiliation
3. Continuity theory
Competence theory states that people typically want to engage in certain activities to
showcase their abilities, skills, and intelligence. When a person successfully
demonstrates their intelligence to their coworkers, it may encourage them to feel
competent in that sector. If individuals feel competent, they may execute tasks with
more certainty, which might increase productivity and efficiency. Confident workers
could be motivated to learn more in-depth material so they can share it with their
coworkers and garner recognition.
4. Expectancy theory
The expectation hypothesis contends that individuals will do certain actions if they
anticipate positive outcomes. The expectation theory may be used to increase your
team's productivity, effort, or effectiveness at work. You could temporarily raise your
team's hourly salary in order to motivate them to work longer hours to complete a
project.
5. Maslow's hierarchy of needs theory
Physiological
Safety
Socialization
Esteem
Self-actualization: (5 Motivation Theories To Use in the Workplace , 2022)
Employee motivation is the amount of vigour, dedication, and innovation that
employees bring to their work. A management issue is continually finding methods to
inspire staff, regardless of how the economy is doing. Contrasting views emphasise
either employee participation or incentives (empowerment). The entrepreneur has
frequently worked tirelessly for years to create the business, making it challenging
for them to assign people significant tasks. Entrepreneurs should be aware of these
traps, though, since they can have negative consequences on small enterprises due
to poor staff enthusiasm. Complacency, indifference, and even widespread
discouragement are examples of such issues. Such viewpoints can build up to
become catastrophes.
Maslow's hierarchy of needs is the theory of motivation that most accurately sums up
who I am. Lower needs must be met before higher wants, according to Maslow's
theory. Because I must satisfy my physiological requirements (food, water) before
my safety needs, my belonging needs (family, friends), my esteem needs (approval),
and finally self-actualization, this theory of motivation best captures my drive
(education). (Jae Min and Hanna (2015). According to this idea of requirements,
after a person satisfies one need, they will then fulfil the next. This cycle will carry on
until the person achieves self-actualization, the highest level of the hierarchy.
Comparing intrinsic and extrinsic drive, there is a big difference. Someone who
receives their motivation from actually carrying out a task or work is said to be
intrinsic. Extrinsic motivation is motivation that originates from another person, such
as compensation, promotion, or feedback. I get my motivation from completing a
task or job since I know that my diligence paid off and I completed the assignment.
This encourages me to take on additional tasks and to be proud of and satisfied with
the final result. (Intrinsic vs. Extrinsic Motivation: Which Is Best?, 2022)
My principles of behaviour or value system is related to my motivational system,
which is discussed under the complexity factor. I personally think that honesty can
be seen in every person's behaviour and in how they communicate. Both systems
have links between the actions. Goals are crucial to my future and play a crucial
influence in my accomplishments.
No, I wouldn't give up my moral values to accomplish a professional goal. Achieving
a goal without lying, stealing, or cheating is always possible. I won't be able to fulfil
Maslow's hierarchy of wants if I sacrifice my moral principles in order to accomplish a
professional objective. My friends and family will not support or value the bad
choices I have made if I steal, lie, or cheat. Moreover, I won't be able to grow
personally.
Extrinsic motivating strategies were used by both my former and present companies
to encourage their staff members through promotions and feedback from customers.
Employees will feel more valued and driven to work more if this is done. As a result
of my employers' success, I am inspired to put in more effort since I know they will
appreciate it.
Conclusion
In order to recruit, maintain, and increase overall production levels in an
organisation, motivation is crucial. A motivated workforce offers a number of
benefits, including reduced absenteeism, employee retention, low staff turnover,
enhanced management-worker relations, higher worker performance, improved
quality, and improved customer service. People who work in service-related fields
are also more likely to offer better customer service and have more job satisfaction.
Thus, it is beneficial for the organisations to motivate their employees to perform
their duties well in order to reach their professional goals and organisations goals.
(Motivation, 2022)
Bibliography
5 Motivation Theories To Use in the Workplace . (2022, june 22). Retrieved from indeed:
[Link]
Employee Motivation. (2022). Retrieved from inc: [Link]
[Link]
Intrinsic vs. Extrinsic Motivation: Which Is Best? (2022). Retrieved from Intrinsic vs. Extrinsic
Motivation: Which Is Best? INDEED: [Link]
development/intrinsic-vs-extrinsic-motivation?
aceid=&gclid=CjwKCAjwkaSaBhA4EiwALBgQaCdPFR4a0Jd5M46RMSSGj8gd1w118WK-
GaEAC9zq1L-F7F-s497bBhoCWwkQAvD_BwE&gclsrc=[Link]
Motivation. (2022). Retrieved from BBC:
[Link]
%20motivated%20workforce%20has,quality%20and%20improved%20customer%20service
Why employee motivation is important and how to improve, measure and maintain it. (2022, june).
Retrieved from Why employee motivation is important and how to improve, measure and
maintain it: [Link]
important-and-how-to-improve-measure-and-maintain-it#:~:text=Employee%20motivation
%20is%20the%20level,to%20keep%20their%20employees%20engaged