Question

Submit your presentation on Employee Motivation (7–9 slides, including speaker notes). In your presentation, address the following:

• Explain how managers use the motivation and performance formula (Lussier, 2017, p. 355) [performance = ability x motivation x resources] to motivate their employees. (1–2 slides)
• List and describe three motivation theories. (2–3 slides)
• Identify 3–5 rewards and recognitions organizations use to motivate employees. (2 slides)
• Describe two motivation strategies that managers can use to improve performance. (2 slides)
• In Part 2 of your presentation, be sure to include a cover slide and References slide. In addition, provide speaker notes for each slide that you could use as a script to present this training orally to a group of new managers. .Note: Be sure to reference at least two scholarly sources to support your work.

Answer 1

Solution:

Following would be the slide-by-slide layout for the presentation:

Slide 0: Cover Slide (Title of Presentation, Name of Presenter, Date, etc.)

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Slide 1: Application of Motivation and Performance Formula

• There is a direct correlation between motivation and performance
• Performance is driven by the combination of the following 3 factors: ability (strengths), motivation (interests), and resources (tools and enablers)
• Successful Managers ensure that they achieve maximum performance by maximizing all three factors

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Slide 2, 3, 4: Major Motivational Theories

• Three major motivational theories are

1. Maslow's Theory of Needs,
2. Herzberg's Two Factor Theory, and
3. Alderfer's ERG Theory

• According to Maslow's Theory of Needs, a person is typically motivated by 5 levels of needs which are as follows:
  1. Basic needs such as air, water, etc.,
  2. Safety needs such as job security, etc.
  3. Social needs such as love, affection, etc.
  4. Self-Respect needs such as recognition, and
  5. Self-Realization needs where a person achieves one's full potential.

• According to Herzberg's Two Factor Theory,
  • Motivating factors (such as Authority, Recognition, etc.) tend to motivate a person more than by Hygiene factors (such as supervisor, policy, etc.)
  • Hygiene factors prevent a person from being dissatisfied
  • Motivating factors ensure satisfaction and sense of fulfillment

• According to Alderfer's ERG Theory, Maslow's needs are classified into three types:
  1. Survival (Basic and Safety)
  2. Social
  3. Growth (Self-respect and Self-Realization)

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Slide 5, 6: Popular Reward and Recognition techniques

• While reward and recognition improve performance level, it also has a different appeal for different people
• Popular reward and recognition strategies are:
  • Best-in-class compensation
  • Flexibility to achieve a balance between work and home
  • Ability to earn performance-based variable pay such as bonuses, employee stock options, etc.
  • Provide positive feedback
  • Awards and Recognitions regularly such as promotions, etc.

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Slide 7, 8: Useful Motivational Strategies

• Some of the effective motivational strategies are:
  • Ensure proper job fitment so that employees enjoy their work
  • Allow employees the opportunity to learn new skills using gamification concepts
  • Ensure continuous interactions and regular feedback
  • Ensure an environment of trust and respect
  • Set realistic goals
  • Celebrate successes irrespective of the size of their impact

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Slide 9: References

• https://www.forbes.com/sites/rebeccaskilbeck/2019/02/12/six-strategies-to-maintain-employee-motivation/#3d238221d358
• https://en.wikipedia.org/wiki/Employee_motivation