Motivation In Business Case Study
1.0 INTRODUCTION
The purpose of this report is to clearly define and understand the term ‘motivation’, examine the various theories along with their respective benefits and limitations, as well as apply them to an organizational context.
Why does motivation matter in business? In short, people’s behavior is determined by what motivates them. The performance of employees is a product of both their abilities (e.g. skills & experience) and motivation. (Riley, 2012).
Over the course of this report the author will firstly discuss the motivational theories that exist. Next, the author will look into how these theories are adopted in a real-life company. In this case the company chosen is –“Softlogic Finance PLC”. Moreover, the author will briefly address innovative ideas in relation to ‘motivation’.
2.0 Employee motivation
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The majority of the factors illustrated above is evidently present and are being offered to the workforce of SoftLogic Finance PLC. As an emerging finance solution provider in a highly competitive market place, it is crucial to maintain a good, healthy balance between the hygiene and true motivating factors. The management at Softlogic Finance PLC always ensures all hygiene factors are provided at all levels of the organization, in order to maintain the basic well-being of all workers. The factors under ‘true motivators’ are given to those who portray a great potential to perform and overall improve the position of the company. In order to develop such individuals, the company offers numerous opportunities to the workforce at large such as job designing or specifically job enlargement and enrichment, to act as ‘true motivators’.
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