Concept of Motivation & its Theories

And

M.B.O

In the partial fulfillment of the assignment work of

Principles and Practices of Management (MB 101)

Submitted to:-

Mrs. Radha

Lecturer

Principles and Practices of Management

Submitted by:-

Bhupinder Singh

M.B.A 1st Sem.

Sahibzada Ajit Singh Institute of Information Technology

C-124, Phase VIII, Sector-72, ELTOP, SAS Nagar, Mohali

Motivation

Introduction

Motivation is an important element in management. It deals with how to satisfy the workforce and tap into their potential in order to make the company attractive and competitive.

Motivation and personality are considered important determinants of behavior. For individuals to be creative & be able to deliver more, an appropriate work environment needs to exist where they are kept motivated. Motivation occurs in an organization when the management sets about fulfilling some or all the needs of its employees, with the aim of inducing them to continuously perform at their best. These needs must be fulfilled in such a manner that employees' enthusiasm is energized and sustained over a period of time and is directed towards the desired result.

In theory, for motivation to be effective, employees' needs require to be graded and fulfilled in a certain order - starting from the low order of physiological needs and rising to the highest order of self-actualization. In practice, it is not much different.

Expectations of people change in response to the effect of three key motivators:

Incentive motivators:

These are the physiological needs, usually in the shape of external motivators like salary and financial rewards. It could also take the shape of Safety needs; e.g. when employees see evidence of investment in the organization's manpower, training and development in addition to the investment in safety, operations, maintenance and capital projects for expansion, they feel assured of a high level of job security and career growth opportunities and hence become more productive.

Self-regulatory motivators:

These are internal motivators like self-efficacy and can take the shape of love needs or esteem needs. Love needs represent the social and belongingness needs which bring people together in groups or as a team. This can be achieved through measures taken by management, such as inclusion of all levels of staff in various job related committees, empowerment at place of work, encouragement under suggestion schemes and social programmes such as sports and other extracurricular activities. Esteem needs of employees are met by encouragement given to employees through recognition schemes such as 'outstanding employee' or 'employee of the month', long service awards, special recognition for outstanding performance and appreciation certificates. When the organisation is the recipient of prestigious awards given by local, international and professional bodies for excellence in business, benchmarking ratings and safety achievements and this recognition is given extensive media and in-house publicity, employees feel proud to be part of the organisation. This acts as a motivator to strive for and achieve better results in the future. Ironically, this part of management trait is normally neglected when an organisation is passing through difficulties and challenging times. That should not be the case.

Vicarious motivators:

This can be achieved by fulfilling employee's need for self-actualisation. It is met by enabling people to realise their potential through channels such as suggestion schemes and career advancement programmes, training courses and promotions. When an organisation recognises the efforts of personnel with above average achievements and performance, not only is these employees motivated to strive for further excellence, but they become role models which other employees try to emulate.

According to Maslow's Theory of Hierarchy of Needs, once a given level of hierarchy of needs of an employee is satisfied, it ceases to be a motivational factor and a higher level of need has to be identified to restart the motivational process. A successful management manipulates all three motivators in their proper sequence, to create an environment conducive to extracting the best results.

Both motivation and creative sustainability are subject to the influence of time and changing conditions. Hence, an environment has to be created where these important traits are sustained and nurtured through sound organisational culture.

Perspective: Self Motivation

Managers are responsible for providing an environment conducive to performance. But individuals themselves are responsible for self-motivation. George Odiorne, management professor, scholar, and experienced consultant, made specific recommendations:

. Set goal for yourself and do not lose sight of it.

2. Supplement your long-term objectives with short-term goals and specific actions. It has been said that to get something done is to begin.

3. Learn a challenging new task each year. Learning to become a manager does not stop with a bachelor's or master's degree in business. A degree is the real beginning, not the end, of learning. Learning and applying the new microcomputer technology might be such a challenging task.

4. Make your job a different one. Set improvement objective for your position. With some imagination, you probably can considerably increase your productivity.

5. Develop an area of expertise. Build on your strengths or develop one of your weaknesses into a strength. You might want to be known as the best accountant or the best engineer in your specific area of competence.

6. Give yourself feedback and reward yourself. Setting verifiable goals provides you with a standard against which you can measure your performance. Why not have a special dinner to celebrate your accomplishments?

Motivation

Motivation is a general term applying to the entire class of drives, desires, needs, wishes, and similar forces. To say that they managers motivate their subordinates is to say that they do those things which they hope will satisfy these drives and desires and induce the subordinates to act in a desired manner.

The Need-Want-Satisfaction Chain

It is possible, then, to look at motivation as involving a chain reaction: Felt needs give rise to wants or goals sought, which cause tensions, which give rise to actions toward achieving goals, which finally result in satisfying actions.

In the first place, except for physiological needs, such as hunger, needs are not independent of a persons environment. Many physiological needs, however, are stimulated by environmental factors: The smell of food may cause hunger, a low thermometer reading may cause chills, or the sight of cold drink may cause an overwhelming thirst.
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Environment has a major influence on our perception of secondary needs. The promotion of a colleague may kindle one's desire to accomplish something by solving it. A congenial social group may increase one's needs for affiliation; and, of course, being alone more than one wants to be can give a strong motivation for wanting to be with people.

In the second place, the need-want-satisfaction chain does not always operate as simply as portrayed. Needs do cause behavior, but needs also may result from behavior. Satisfying one need may lead to a desire to satisfy more needs. For ...

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