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Analysis for Competitive Advantage - Motivational Theories

   

Added on  2022-11-19

7 Pages1446 Words250 Views
Running head: COMPETITIVE ADVANTAGE – MOTIVATIONAL THEORIES
ANALYSIS FOR COMPETITIVE ADVANTAGE – MOTIVATIONAL THEORIES
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Author Note

ANALYSIS FOR COMPETITIVE ADVANTAGE – MOTIVATIONAL THEORIES1
EXECUTIVE SUMMARY
The following paper attempted to shed light on the various measures in terms of the social
conditions, the environmental conditions and the sustainability within the given organization as
is maintained through the multi-perspective strategic performance management systems or the
SPMS as is maintained within the organization. The paper opened with a discussion on the
reviewing of the existing literature on the multi-perspective strategic performance management
systems or the SPMS and the experience as have been documented by the companies in the
matters that are related to the adoption of the strategic performance management systems or the
SPMS. The paper proceeded to discuss the motivational theory that was proposed by Fredrick
Hertzberg. The theory suggested that the job satisfaction and the motivation of the employees of
the organizational workforce tends to affect the overall performance of the organization in the
given workforce. The study revealed that both the satisfaction as well as the dissatisfaction
factors tend to deal with influencing the employees in the providing the overall development in
the performance of the organization. The rewards systems within the organization provide the
existing employees serving the organization with a proper motivation in the attainment of the set
goals. This in turn assist the increase in the competitive advantage of the company through the
development of the organizational performance as well. The paper thereafter proceeded to
attempt a discussion on the issues that are highlighted in the operations of Commonwealth Bank
and AGL in terms of the multi-perspective strategic performance management systems or the
SPMS. This was completed with the help of the reports that are publicly available for both the
companies. The report concluded with the discussion on the financial and the non-financial
performances of the companies in discussion during the fiscal year of 2017-18. The paper further

ANALYSIS FOR COMPETITIVE ADVANTAGE – MOTIVATIONAL THEORIES2
highlighted the relations that are maintained within the rewards and the compensation plans of
the employees and the strategic performance measurement system.

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