In: Economics
List and explain in short detail three different motivation strategies that come from effective management practices.
Empowering employees- Empowerment happens when autonomy, authority, confidence, and support is provided to individuals within an organization to accomplish a mission. Empowerment is intended to unhackle the worker and make the duty of the worker a career. In an effort to inspire and reform some of the old bureaucratic practices, administrators foster intrapreneurships in the business. Intrapreneurship inspires workers to try new ideas and empowers them to advance those ideas. Intrapreneurship is certainly not for the shy, since old systems and procedures are turned upside down.
Redesigning jobs- Most people go every day to work and take the same, unenthusiastic acts to perform their jobs. Some people also refer to the disorder as a burnout. So when an employee becomes frustrated and loses enthusiasm, smart managers may do anything to change the situation. The idea of job redesign, which involves understanding and respect for the individual attributes that employees bring to the organisation, applies motivational strategies to the work environment to increase efficiency and satisfaction
Creating flexibility- Employees today respect personal time. For many people a typical nine-to - five working day may not work because of family needs. Flextime, which allows workers to set and manage their own working hours, is also one way companies can meet the needs of their employees. A shortened workweek is a type of flex time permitting completion of a full-time job in less than the normal 40-hour, five-day workweek. Its most common type is the 4/40 plan, which offers three days off to employees per week. This plan benefits the user by having more leisure time and lower transportation costs. The company would benefit from less absenteeism and improved results. The risk, of course, is the likelihood of increased exhaustion in this form of scheduling.