The Container Store • What motivational strategies does The Container Store use to keep employees productive and satisfied? The Container Store principally uses the Maslow hierarchy of needs‚ this theory talks about of an arrangement of five basic needs (physiological‚ safety‚ social‚ esteem and self-actualization needs) that motivate behavior. (Jones & George‚ 2007‚ pp. 330). 1) Physiological Needs: The Container Store looks for satisfy this need in proving employees with a good wage
Premium Maslow's hierarchy of needs Motivation Psychology
Introduction There are two types of motivation: extrinsic and intrinsic. An individual is extrinsically motivated when they are motived by the environment or consequences. Such motivation can come in the form of money‚ food‚ attention‚ privileges‚ etc. Intrinsically motivated individuals are motivated by their own interests and capacities (Reeve‚ 2009). One would say that they do an activity because it interests them. Intrinsic motivation comes from certain psychology needs that every person
Premium Psychology Motivation Maslow's hierarchy of needs
CASE: Inside the container Store [pic] Date: 31/10/2009 Dear Sir‚ Being assigned by you‚ we‚ are the student conducted a comprehensive study on the captioned case. We have tried heart and soul together all available information regarding the topic‚ which is a requirement of the MBA program. We have tried to prepare this report properly by maintaining the rules and regulations. Now‚ we are putting forward the report for your perusal. Your acceptance and any type of appreciation
Premium Employment
The Container Store: Introduction: Organizational structure‚ culture and behavior affect the people at the work. They are co-related. The structure of organization is very important because it affects on operating costs‚ efficiency and effectiveness of work performance‚ behavior and performance of employees and speed of operations of an organization. ‘Who is responsible for what’‚ it depends upon structure of the organization. Each of employees of the organization has capacity to be a leader
Premium Organizational studies and human resource management Management
1. Name some of the ways that The Container Store motivates its employees. A few strategies The Container Store utilized in order to motivate their employees are providing 263 hours of training during the first year and giving 50% more pay compared to other retail competitors. This establishment provided good working conditions and a comfortable working community. These strategies will obviously cost the company more money but over time the motivation will accumulate and the company will function
Premium Motivation Management Employment
“No.3 midsize company: The container store” is taken from Chron.com Business website. This article talks about the advantages of working for “The Container Store” and how store’s managers take care of their employees by providing them with benefits‚ bonuses and wages fifty percent above the industry average. The Container Store is very successful and its practices and business philosophies are featured in national marketing textbooks. (Rutledge‚ 2012) The Container Store was first opened on July
Premium Containerization Cargo Transport
Motivation Ken 1 Intrinsic and Extrinsic Motivation Literature Review AK 11 April 2013 Professor J. Losche PSY-432 Ken 2 Both intrinsic and extrinsic motivation help to fit psychological values and beliefs of an individual. Intrinsic motivation comes from the inside of an individual‚ such as the drive to do something. Extrinsic motivation comes from the outside factors‚ such as doing something for a reward. There are mixed emotions
Premium Motivation
Alex Thursday‚ October 31‚ 2013 Extrinsic Motivation Motivates Extrinsic motivation is when there is an outside force that is pushing a person or character in this case to make a decision based on outside influence. This can either be good or bad. In the play Macbeth by William Shakespeare and the short story Shooting an Elephant by George Orwell extrinsic motivation is quite apparent. The characters of Macbeth and the police officer are both affected by this external force which inhibits their
Premium Macbeth Motivation
Many studies over the past thirty plus years have tried to determine how extrinsic rewards affect intrinsic motivation. These studies have taken place in settings such as; in the classroom or in a work setting to gauge how the environment affects the outcomes (Porter & Lawler‚ 1968) (Deci‚ Koestner‚ & Ryan‚ 1999). For purposes of this paper‚ I will focus solely on a business setting. With that being said‚ nearly all of the Fortune 500 companies employ a pay-for-performance plan of some type. Meaning
Premium Motivation
Intrinsic and extrinsic motivation Intrinsic and extrinsic motivation The difference between intrinsic and extrinsic motivation is one of them would be doing things on your own because of the drive the passion‚ and the love of it.This motivation is called intrinsic motivation. Extrinsic motivation on the other hand would be doing it because you’re going to benefit from it in a good way
Premium Motivation