In: Economics
In a previous career, I had a manager say to me regarding the topic of motivation: “When you really want to get something done you have to put money on the table. When push comes to shove if you need something important done in a hurry put money on the table and people will respond.” Discuss this quote in the frame of motivation theory. What assumptions are present in this statement? To what extent do theories of motivation and research results support such a statement? What theories of motivation and research results might indicate that this belief is false? Finally, address the implications of such a managerial style in the workplace (how might such an attitude play out in an organization).
Process theory deals on the process of occurrence of motivation and the kind of process which could influence the motivation. Some of the popular theories of motivation includes Maslow's hierarchy of needs, ERG theory, Herzberg jewel factor theory and the mc clellands need theory acquired. the theories of motivation mainly focuses on the internal factors of the individuals which energize the individuals and their direct behaviour. Motivation arise from two places. Their intrinsic motivation. This is stated when the motivation arise from the internal factors for meeting the personal needs. The other is the extrinsic motivation. This type of motivation arise when it comes from the external factors or is controlled by the others. motivation generally is referred to the system of process by which an individual effort get energized and erected and fast time for achieving a goal. there are basically three elements like energy direction and the persistent of an individual. Organisations use the motivation factor for the increasing the workers performance by rising their salaries and allowances of which ultimately leads to rise in the production level and the living standard raises.