Motivating people in organization
Transcript of Motivating people in organization
Motivating people in
organization
BBA 054 16730 ESadia Faija Hoque
MOTIVATION
What is motivation?MOTIVATION = Value of outcome x expectation of achieving it
Motivation is a desire to achieve a goal, combined with the energy to work towards that goal.
Motivation is everything. You can do the work of two people, but you can't be two people. Instead, you have to inspire the next guy down the line and get him to inspire his people.
Motivation is the art of getting people to do what you want them to do because they want to do it.
WHAT MOTIVATES PEOPLE
External Rewards• Salary
• Working conditions
• Benefits
• Environment
Internal Rewards• Achievement
• Responsibility
• Recognition
• Feedback
• Learning and growth
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WHAT MOTIVATES PEOPLE
• Achievement
• Responsibility
• Recognition
• Feedback
• Learning and growth
• Recognize achievements through programs that showcase performers.
WHAT MOTIVATES PEOPLE
• Achievement
• Responsibility
• Recognition
• Feedback
• Learning and growth
• Have volunteer programs and other programs that enable employees to showcase their responsibility towards each other and the society at large.
• Recognize winners through awards like Service Quality Awards, Best Operations Awards, Best Trainer Awards, etc.
WHAT MOTIVATES PEOPLE
• Achievement
• Responsibility
• Recognition
• Feedback
• Learning and growth
WHAT MOTIVATES PEOPLE
• Achievement
• Responsibility
• Recognition
• Feedback
• Learning and growth
• Follow a system of feedback and performance appraisal i.e the 360o system in which both the boss and subordinate participate.
WHAT MOTIVATES PEOPLE
• Achievement
• Responsibility
• Recognition
• Feedback
• Learning and growth • Give a lot of importance to training and development and have various training academies to cater to various sections of employees.
• Analyze training needs to recognize competency gaps and impart knowledge through customized training programs.
WHAT MOTIVATES PEOPLE
• Employee engagement
• Challenging job profiles
• Keep them self-motivated
• Good projects
• Job rotation
• Job security / stability
• Good team, co-workers, bosses
In addition to the external and internal awards, have:
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THEORIES ON MOTIVATION Maslow’s McGregor’s McClelland’s
MASLOW’S HIERARCHY OF NEEDS
Physiological needs(air, water, food, rest, exercise,etc)
Safety needs(shelter, job security,
retirement plan, insurance)
Love and belonging(children, friends,
partners)
Self esteem(fame, recognition,reputation, dignity)
Selfactualization(Confidence,
achievements,freedom)
MCGREGOR’S XY THEORY
MCCLELLAND’S MOTIVATIONAL NEEDS THEORY
ACHIEVEMENT AFFILIATION POWER
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HOW YOU CAN DO IT IN YOUR
ORGANIZATION
MOTIVATING
TRUST Respect, communication
PRIDE Work related to the person
CAMARADERIE Team building exercises, promoting team work, create communities
PERFORMANCE APPRAISAL
How to evaluate your people?
Performance Appraisal Systems contain two basic systems:
Evaluation System
Feedback System
STRATEGIES FOR MOTIVATION
• Treating people fairly
• Satisfying employees needs
• Setting work related goals
• Restructuring jobs
• Base rewards on job performance
Five basic elements of executive compensation:
• Salary
• Short-term incentives
• Long-term incentives
• Employee benefits
• Perks
EXECUTIVE COMPENSATION
Conclusion
Thank you