Role of Employee Motivation in Modern Management - 1375 Words

Role of Employee Motivation in Modern Management (Coursework Sample) Content: THE ROLE OF EMPLOYEE MOTIVATION IN MODERN MANAGEMENTIntroductionMotivation is used to describe those processes that people seek to satisfy their basic drives, their perceived needs and personal goals. It is a process that starts with physiclogical or psychogical deficiency or need that activates a behavior or a drive that is aimed at a goal or an incentiveNeed: This is created whenever there is a physiological or psychological imbalance e.g. when the body is deprived of foodDrive: it is a deficiency with direction à ¢Ã¢â€š ¬ actions which provide an energizing thrust towards reaching an incentive e.g. - need for food translates to hunger (drive), need for friends translates to a drive for affliationIncentive: This is anything that alleviates the need and reduces the drive restores the physiological or psychological balance 1 The role of employee motivation in modern managementMotivation plays a very important role in modern management as it is the driving force be hind individuals that impels them to action. 1 To improve in productivity, quality and serviceWhile management may control the direction of the business, the actions of employees are what directly determine the rate of production. The cumulative effect of their levels of motivation has had a huge effect on how productive a company is. Employees who are paid well, offered profit sharing options and told how necessary they are to the company are less likely to engage in these practices that undermine productivity. 2 Reduce employee turn-over/RetentionHiring and training is an expensive process in a business. A firm that is able to retain skilled staff and minimize turnover will decrease that expense and increase its profits. When an organization creates a corporate culture that nurtures motivated, engaged employees they are able to retain talent for long. 3 Increase efficiencies in processesWhen employees are motivated there are increased efficiencies resulting in financial gain. The company is able to achieve its goals because employees work hard to achieve their goals and in turn the company will have achieved its goals. 4 Increase capacity to adopt new technologies and methods.Conducting different training is a way of motivating employees therefore, this makes it very easy to adapt to new technologies and methods because the employees understand that to be able to attain their goals it also comes with the change in technology and methods. 5 Increase innovation in strategies and productsDue to motivation employees have increased job satisfaction and morale therefore they are encouraged to come up with innovative ideas which are more important to the organization. 6 To builds a friendly relationshipEmployees can remain loyal to the organization only when they have a feeling of participation in management. When they are well motivated they are able to develop that friendly feeling and their productivity eventually goes up. 7 Contribute to better utilization of r esourcesHiam, (2003), indicate that employee motivation contributes to better utilization of resources. Employees who are well motivated feel a sense of ownership and they will not want to waste the resources as they are part of the organization.ConclusionAlderfer ERG theory of motivation states that when a higher order growth needs are stifled or cannot be met due to personal circumstance, lack of ability or some other factors, the individual is likely to regress back to lower order needs and feel these needs more stronglyFor example, if a person cannot move up the corporate ladder and is stuck in a job he does not like, the individual is likely to emphasize social relationship both on and off job and become... Role of Employee Motivation in Modern Management - 1375 Words Role of Employee Motivation in Modern Management (Coursework Sample) Content: THE ROLE OF EMPLOYEE MOTIVATION IN MODERN MANAGEMENTIntroductionMotivation is used to describe those processes that people seek to satisfy their basic drives, their perceived needs and personal goals. It is a process that starts with physiclogical or psychogical deficiency or need that activates a behavior or a drive that is aimed at a goal or an incentiveNeed: This is created whenever there is a physiological or psychological imbalance e.g. when the body is deprived of foodDrive: it is a deficiency with direction à ¢Ã¢â€š ¬ actions which provide an energizing thrust towards reaching an incentive e.g. - need for food translates to hunger (drive), need for friends translates to a drive for affliationIncentive: This is anything that alleviates the need and reduces the drive restores the physiological or psychological balance 1 The role of employee motivation in modern managementMotivation plays a very important role in modern management as it is the driving force be hind individuals that impels them to action. 1 To improve in productivity, quality and serviceWhile management may control the direction of the business, the actions of employees are what directly determine the rate of production. The cumulative effect of their levels of motivation has had a huge effect on how productive a company is. Employees who are paid well, offered profit sharing options and told how necessary they are to the company are less likely to engage in these practices that undermine productivity. 2 Reduce employee turn-over/RetentionHiring and training is an expensive process in a business. A firm that is able to retain skilled staff and minimize turnover will decrease that expense and increase its profits. When an organization creates a corporate culture that nurtures motivated, engaged employees they are able to retain talent for long. 3 Increase efficiencies in processesWhen employees are motivated there are increased efficiencies resulting in financial gain. The company is able to achieve its goals because employees work hard to achieve their goals and in turn the company will have achieved its goals. 4 Increase capacity to adopt new technologies and methods.Conducting different training is a way of motivating employees therefore, this makes it very easy to adapt to new technologies and methods because the employees understand that to be able to attain their goals it also comes with the change in technology and methods. 5 Increase innovation in strategies and productsDue to motivation employees have increased job satisfaction and morale therefore they are encouraged to come up with innovative ideas which are more important to the organization. 6 To builds a friendly relationshipEmployees can remain loyal to the organization only when they have a feeling of participation in management. When they are well motivated they are able to develop that friendly feeling and their productivity eventually goes up. 7 Contribute to better utilization of r esourcesHiam, (2003), indicate that employee motivation contributes to better utilization of resources. Employees who are well motivated feel a sense of ownership and they will not want to waste the resources as they are part of the organization.ConclusionAlderfer ERG theory of motivation states that when a higher order growth needs are stifled or cannot be met due to personal circumstance, lack of ability or some other factors, the individual is likely to regress back to lower order needs and feel these needs more stronglyFor example, if a person cannot move up the corporate ladder and is stuck in a job he does not like, the individual is likely to emphasize social relationship both on and off job and become...