6 Ways That Motivational Theory Of Managers And Leaders Within Organisations Case Study
3. Identify 6 specific ways that motivational theory of managers and leaders within organisations can positively impact the people and the organisation. Refer to the case to support your claims. Identify 6 specific ways that motivational theory of managers and leaders within organisations can positively impact the people and the organisation. Refer to the case to support your claims. Six ways managers motivational theories positively impact employees and organization are
1. It improves employees’ performance, if employees’ performance improves then organization output will improve (Smallbusiness.chron.com, n.d.).
2. It can reduce high rate of staff turnover, this will give employees a more secure feel and will save the organization the …show more content…
Rewards will encourage employees who have been performing well to continue producing at the highest level and it will also encourage others to put out the effort to do the same with the expectation of being rewarded. Cash reward are usually a good motivator (Agrawal and more, 2016). The reward method of motivation can improve the poor employee performance that LG Finances are experiencing. If the reward is attractive, then employee’s performances will naturally improve in pursuit of claiming the reward. This will, as a result benefit the organization, because when employee’s performance improves it will improve the organization’s output (Agrawal and more, …show more content…
Minks(2014). states that if training is properly carried out it can be a very effective tool of motivation by providing adequate training, it will benefit both the employees and the organization. Some employees sometimes feel disengaged from certain aspects of things happening in the workplace, mainly because they don’t have the required skills. Training will benefit both the employee and the organization. The new skills from training can give employees the opportunity to climb up the ladder via promotion. LG Finances can reduce the its rapid staff turnover rate by training its employees. This will equip employees with the right skill set making them capable of performing more efficiently and effectively. This will give employees more confidence and the employer will have less reason to fire and hire which leads to the high staff turnover (Minks,
1. It improves employees’ performance, if employees’ performance improves then organization output will improve (Smallbusiness.chron.com, n.d.).
2. It can reduce high rate of staff turnover, this will give employees a more secure feel and will save the organization the …show more content…
Rewards will encourage employees who have been performing well to continue producing at the highest level and it will also encourage others to put out the effort to do the same with the expectation of being rewarded. Cash reward are usually a good motivator (Agrawal and more, 2016). The reward method of motivation can improve the poor employee performance that LG Finances are experiencing. If the reward is attractive, then employee’s performances will naturally improve in pursuit of claiming the reward. This will, as a result benefit the organization, because when employee’s performance improves it will improve the organization’s output (Agrawal and more, …show more content…
Minks(2014). states that if training is properly carried out it can be a very effective tool of motivation by providing adequate training, it will benefit both the employees and the organization. Some employees sometimes feel disengaged from certain aspects of things happening in the workplace, mainly because they don’t have the required skills. Training will benefit both the employee and the organization. The new skills from training can give employees the opportunity to climb up the ladder via promotion. LG Finances can reduce the its rapid staff turnover rate by training its employees. This will equip employees with the right skill set making them capable of performing more efficiently and effectively. This will give employees more confidence and the employer will have less reason to fire and hire which leads to the high staff turnover (Minks,