...According to New World Encyclopedia, motivation refers to the initiation, direction, intensity, and persistence of behavior. Motivation is not the same thing as personality or emotion. It involves having the desire and willingness to do something. Motivation is considered essential in learning and also in the performance of learned responses. That is, learned appropriate responses to situations will not necessarily produce expected behavior. The incentive to produce the behavior is motivation. As motivation correlates with the workforce, management should consider employees as the building blocks of the organization. Organizational success depends, heavily, on the collective efforts of the employees. Studies have shown that employees will collectively contribute to organizational growth when properly motivated. The dilemma then becomes what motivates the individuals that are a part of a work team. In 1963, fifty years ago, workplace motivation was driven by the need for equality in treatment, consideration and pay. Though always considered a melting pot, the American workforce of 1963 was not nearly as diverse as it is today. People of that time were not expecting of the reassurance and encouragement that the employee of today looks for. In those times, you went to work, performed assigned tasks and your paycheck constituted reassurance, stability and acceptance. Today, managers face many challenges in motivating employees as opposed to fifty years ago. Three specific...
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...Goldman Sachs Motivational Profile In 1869, a German immigrant Marcus Goldman formed Goldman Sachs & Company. Over the last century, Goldman Sachs has been an innovator in developing the many aspects of the nation’s current financial system. In 1906 Goldman Sachs managed its first IPO. They were gaining the confidence of companies across the country. As with most financial firms, the depression era was tough. With financial confidence at its lowest point, the government created the Securities Exchange Commission. With the new guidelines set forth, Goldman Sacks provided more information with investment recommendations aiding in their slow but upward recovery. Goldman Sachs continued to grow and expand through the years. After World War II, the economy was booming and Goldman found growth by marketing stock in companies like Ford Motor Company and Alcan Aluminum. Goldman Sachs once again encountered turbulent waters in he 70’s because of Penn Central Railroad. This was a disaster for Goldman Sachs creating lawsuits and credit ratings to drop. Since that time, Goldman Sachs rebounded and expanded to an international market. With this global market, Goldman Sachs became the most profitable company in the world by expanding yet further into Russia and China. Sachs continued to be successful until the subprime mortgage crisis in 2007. They profited by short selling mortgage related securities. By 2008 Berkshire Hathaway had purchase five billion dollars in Goldman’s preferred stock...
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...1. Why important the motivation for firms? The workers performance related with their motivaton and workers motivation has great effect on the companies performance in the market. so motivation of workers is very significiant point for firms if workers motivation decrease in any firm we can see declining on success of firm. Well how we can provide that the workers feel on top of the company for thyself. firstly we focused interest with workers because we tought the most important thing is interest and we can see more success in company which is more interest with workers. So when we improve our motivation strategies we took care of interest with workers / so our all strategies related with this main idea 2. Leasure management Almost Every workers complain from monotonus work life. Because the workers life is going between house and work. This is very boring The firms try to create more enjoyable time company inside or outside. Google is one of the most important company in this case because they create play ground in their office so the workers can spend time to fun or relax with other co-worker. So the business began to become more pleasurable for the worker. These are making to increase motivation. At the same time the firm can provide some activities outside the company for worker. Such as provide some courses for dancing, acting traing cookery, skiing, trekking, sail, theather ( you take a course for 1 year about acting and at end of the year you tread the boards)...
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...Question one: For most people money is a fundamental reason to work because eit is measurable and tangible. Hence, it becomes a motivator by default though it may not be the primary one for many employees. People are motivated by different things.Some employees have financial goals, others have professional goals while some have personal goals. The same incentives cannot work for all. This essay outlines some of the reasons why cash is not always a suitable motivator for excellent employees. Daniel Pink in his book “Drive”, convincingly argues that money does not motivate employees. Generally, people are motivated to work harder when they have the ability to work on their own terms. This is equally visible in Herzbergs two factor motivaton theory. In this theory, Herzberg points out that motivator factors such as the work itself,achievement, recognition, responsibility and opportunities for advancement and growth are the source of work satisfaction. Herzberg futher states that a salary is a hygiene factor and will not motivate people. Howerver, when the organisation links a monetary reward, such as a merit bonus to the recognition of good performance, it acts as a motivator. This is not to suggest that money doesn’t motivate, in fact, to underplay the importance of money and benefits as motivation for workers would be a mistake. Daniel Pink states in his book that employees expect to be paid fairly, but over-paying employers do little to motivate them to work harder towards...
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...3HRC Understanding the purpose of an organisation and its operating environment. 1.1 Describe the purpose and goals of an organisation Network Rail (NR) own and run the railway infrastructure; the tracks and equipment needed so that the people who do run the trains – Train Operating Companies (TOCs) / Freight Operating Companies (FOCs) – can keep their trains going. NR are responsible for maintaining the infrastructure, signaling, timetabling and providing everything the TOCs and FOCs need to keep an increasing number of trains moving safely. NR was a private company and in September 2014 NR was reclassified to the Government’s balance and are now an Arm’s Length Body of the Department for Transport. NR operated as a government-owned company and the public member governance structure. NR are structured as a “not for dividend” ‘company limited by guarantee’ which means we don’t have shareholders. As NR operates in the Public sector there are 46 members drawn from the general public whose job it is to hold the Board to account. The Department for Transport is also a Special Member with certain powers under our constitutional documents. All NR money comes from public funding in five year blocks, network access charges (payments from train and freight operating companies to use our network) and from commercial property rent. This means that it’s the view of our passengers, customers, partners, the Government and the regulator. Diagram above shows a lot has happened since...
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...Motivational Methods Paper This paper will provide information about three motivational methods I as a manager will apply to my organizational department which must be downsized. This information will include motivational techniques used to implement the change within my department. It will also include theoretical concepts from the textbook, Health Care Management and outside resources to support the theories used. Last the paper will conclude with highlights of the information provided to introduce the change within the organization. I just got an e-mail from my supervisor explaining that my department must be downsized and my job as the manager is to prepare my team for the changes. One of the changes I must address is the motivational techniques which will be used. Human Resources are my department and my goal is to research multiple motivational methods to understand how to lead and implement the changes. After spending many hours searching motivational methods I finally narrowed it down to three. Motivational techniques are used to achieve many goals within the workplace. One of the goals it can achieve is providing opportunities. This technique will provide employee’s with the opportunity to learn and further his or her education while working. If the company decides to downsize the employee will have more qualifications and have an easier time finding future employment. This will help reduce an issue with low self-esteem which is a problem in most health care...
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...Low Discontent Financial Attractiveness Strategy (source, cost, availability, adequacy) Technical Attractiveness Strategy (Existing/new technology and products/services) Market opportunity Marketing Attractiveness Strategy (size, Entry, Sustenance) Entrepreneurial Capability Strategy (Attitude, Skills, Knowledge pool/network – individual/group) Why businesses fail? • Not spotting opportunity right • Not developing balanced tripod and sharpened diamond • Not maintaining sharpness of diamond over time • In essence, S W resource pool not matching with OT of environment • Entrepreneurs need to facilitate transformation of the “baby” through its life cycle Rs FLC and Capability mix at different stages Growth Idea Motivaton Attitude Planning Opportunity Stabilisation t S Start - up W O T Write the horoscope of the enterprise Myths about Business Plan • Just to get funds from banks, figures bent for them • Prepared by consultants, not me • Dynamic environment, assumptions change fast • Not plan, but execution is key to success • Unnecessarily time consuming (analysis paralysis) Why BP? • BP is a guide map of the future • Tool to refine idea and examine technocommercial viability • Facilitates (forces)...
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...Resistance to Change Chris Stefo Benedictine University Resistance to Change 1 In the case study Steve Jackson Faces Resistance to Change, Steve Jackson has researched the need for his company to integrate a new software called BSO into the Western Construction Company. Jackson has taken necessary steps to ensure the software is appropriate for the company, beta tested the software with other workers including his boss, and everyone that used the software was impressed. There is one employee who is reluctant to the change in software. The co-worker, Mike Barnett, believes that Western Construction does not need the new software and has voiced his disapproval of Jackson and his ability to perform in his current position. Jackson’s challenge is to figure out how he is going to persuade Barnett that the software is needed for Western Construction. If he is unable to get Barnett to come on board, the BSO software update may be cancelled. Resistance to change is a common problem for management. When companies are seeking to improve an aspect of their business, employees will naturally show resistance. “Although change agents are understandably frustrated by passive or active resistance to change, they need to realize that resistance is a common and natural response” (Lawrence p.436) . Kurt Lewin was a psychologist who developed the force field analysis model to describe the process of environmental forces that force companies to change...
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...Factors Affecting College Students’ Motivation A thesis submitted in partial fulfilment of requirements for the College of Arts and Sciences Major in Psychology By Imelda Tolentino Josan Alejandra Valle Charize Faith Laciste Mirriam Calimlim Arellano University-Pasig September, 2013 Chapter I Introduction Studying is said to be the primary key to achieve academic excellence, but what factors really driven students to study? Others might say that fears motivate students while others might claim that you should give them tough classes and they will pull through. Some teaching faculty would say that students are motivated because of their personal goals in life. Yes, you could ask everyone but they would just answer in different opinions. The disagreement about the sources of student motivation makes the question of academic motivation sound a great deal like that of workplace motivation. Management theory abounds with contradictory theories about what makes employees work. Maslow (1968) argued that needs drive behaviour, and that workplace (and, presumably, academic) motivation is determined by the level of the needs hierarchy at which the individual is operating. McClelland (1966) claimed instead that motivation is driven by an innate need to achieve, and Herzberg (1959) proposed that the content of the jobs themselves was the source of the elusive employee motivation. The purpose of this research was to align explanations for student motivation with classical workplace...
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...Aziri B. mrp.ase.ro JOB SATISFACTION: A LITERATURE REVIEW MANAGEMENT RESEARCH AND PRACTICE VOL. 3 ISSUE 4 (2011) PP: 77-86 JOB SATISFACTION: A LITERATURE REVIEW Brikend AZIRI Faculty of Business and Economics, South East European University, Ilindenska 1200, Tetovo, Makedonia b.aziri@seeu.edu.mk Volume 3, Issue 4 / December 2011 Management Research and Practice Abstract Job satisfaction represents one of the most complex areas facing today’s managers when it comes to managing their employees. Many studies have demonstrated an unusually large impact on the job satisfaction on the motivation of workers, while the level of motivation has an impact on productivity, and hence also on performance of business organizations.Unfortunately, in our region, job satisfaction has not still received the proper attention from neither scholars nor managers of various business organizations. Keywords: job satisfaction. 1. DEFINITION AND IMPORTANCE OF JOB SATISFACTION Despite its vide usage in scientific research,as well as in everyday life,there is still no general agreement regarding what job satisfaction is. In fact there is no final definition on what job represents. Therefore before a definition on job satisfaction can be givven , the nature and importance of work as a universal human activity must be considered. Different authors have different approaches towards defining job satisfaction. Some of the most commonly cited definitions on job satisfaction are analysed in the text that folows...
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...STUDENTS’ ATTITUDES TOWARDS COUNSELLING: A CROSS-CULTURAL STUDY by KATLEGO FANDIE This thesis is submitted in accordance with the requirements for the degree Philosophiae Doctor in the FACULTY OF THE HUMANITIES DEPARTMENT OF PSYCHOLOGY at the UNIVERSITY OF THE FREE STATE BLOEMFONTEIN January 2015 Promoter: Prof. L. Naudé DECLARATION I declare that the thesis hereby submitted by Katlego Fandie for the degree Philosophiae Doctor at the University of the Free State is my own independent work and has not previously been submitted by me at another University/Faculty. I further more cede copyright of the thesis in favour of the University of the Free State. SIGNATURE: _____________________________ DATE:____________________________ i DECLARATION OF SUPERVISOR ii PROOF OF LANGUAGE EDITOR 083 2877088 +27 51 4367975 corrieg@mweb.co.za CORRIE GELDENHUYS POSBUS 28537 DANHOF 9310 3 January 2015 TO WHOM IT MAY CONCERN Herewith I, Cornelia Geldenhuys (ID 521114 0083 088) declare that I am a qualified, accredited language practitioner and that I have edited the following PhD thesis by Katlego Fandie: STUDENTS’ ATTITUDES TOWARDS COUNSELLING: A CROSS-CULTURAL STUDY All changes were indicated by track changes and comments, to be addressed by the researcher. ............................................................ C GELDENHUYS MA (LIN – cum laude), MA (Mus), HED, HDLB, UTLM ACCREDITED MEMBER OF SATI –...
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