Fundamentals of Management

This document provides an overview of the fundamentals of management, focusing on team definition, motivation theories, and the theory of CVF. It explains the importance of motivation in driving performance and discusses various motivation theories such as hierarchy theory and Belbin's theory of team. The document also covers the concept of CVF and its related theory. It is a valuable resource for students studying management and related subjects.

Fundamentals of
management

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
Define team as well as motivation along with related theories ? ..............................................3
Explain and apply theory of CVF?..............................................................................................5
CONCLUSION: .........................................................................................................................6
REFERENCES................................................................................................................................6

INTRODUCTION
Motivation is the force that leads to develop performance. It is the desire to achieve
objectives as well as to improve their performance level. Motivation is very important if
someone wants to perform well. In this report we also discuss regarding team as team is an
association of individual who are guided by team leader. With out a team it is not possible for
any business to run the business smoothly in profitable manner. A team plays a crucial role in
business in terms to achieve objectives. To motivate employees various theories of motivation
are adopted by organisation so that motivated individuals tends to put their full efforts to achieve
targets in the company. This assignment covers various topics such as definition of team and
motivation along with explanation of different theories such as hierarchy theory of motivation as
well as Bel bins theory of team. It also covers explanation of term CVF and their related theory
are also include in this project.
MAIN BODY
Define team as well as motivation along with related theories ?
Team: It is a group of persons who works together with the objective to achieve the goals
on time. An organisation having so many teams need to require careful alignment. Some teams
involves limited life and some are ongoing.
Motivation: It is the process which initiates, guides and tends to develop goal oriented
behaviour. The feature of motivation is that it is continuous and goal oriented , also a
psychological phenomenon which convert abilities towards performance.
Extrinsic motivation: are such type of motivation which arise from outside and involves
rewards like social recognition, money , trophies.
Intrinsic motivation : It arise from inside the individual .
Belbin's Team Theory: It identifies nine team roles as well as to categorized following
those roles in 3 groups such as action orieans & actions. As they are totally conservative and
disciplined persons who are interested to work effectively and systematically.

Completer- Finisher( CF ) These are such such type of persons who see that all relevant
projects are tends to be complete thoroughly. They also give surety that there is no omissions or
errors and they try to concentrate on smallest of details. In this people are more concerned
regarding deadlines and force their team members to complete the job on time.
Coordinator (CO): they are the individuals who plays the role of traditional team leader
and consider as the chairmen. Time to time they give guidance and instructions to the team
members so that objectives can achieve easily. They are excellent listeners too , also they are
able to recognize the value which every member brings to table. These people are so calm having
good nature with great patience level and very effectively they delegate the task and provide
instruction and guidance at every point of time.
Motivational Theory
There are some type of needs which are most common to every individual. As we satisfy
those basic needs , we start to think to satisfy different high order needs. In other words it also
explain that once if lower level need is satisfied than after some time it not to serve as a
motivator. Most basic needs of this theory is physiological needs, it cover basic necessities such
food, clothes, water. These are most basic requirements if any of them are lacking than search for
it may overpower all other urges. Once physiological requirements are fully satisfied than people
tends to concerned regarding safety needs. Because health and safety are important term to all
employees or workers if company provide benefits related to health than it tends to provide
workforce some security or satisfaction. After this people want that their social need must also be
fulfil by company. Social needs include bonds with other employees , be loved and also to form
lasting attachment with others. As this need tends to get motivate employees to work hard and
retain in the same company for long term with their loved ones. As satisfaction of such social
need tends to make esteem need silent. Whereas esteem needs are related to position , in this
person wants that they must be respected by peer , juniors, and feel important as this need
provide appreciation and motivation. The highest hierarchy level includes the self actualisation
as it indicates that becoming all you are capable of becoming. As this respective need manifest
itself by the need to acquire new skill , new challenges to be take and tends to behave in such a
way which lead to attainment of one life goal.
Adams' equity theory of motivation says individual must believe that the reward which
was given to them are fair with regards to their efforts or contribution than only they get

motivated. And the rewards that was given are similar to those which was given to their peers. If
person believe that the reward which was given to them are not fair than it tends to distress and
try to make variation in things so that to create sense of fairness.
Vroom's expectancy theory of motivation says that peoples are tends to be motivated to
perform some thing with the help of three things. Individuals get motivated when reward
associated with action have some value. And have trust that if they perform well in job than they
will get the reward, also develops feeling that they can easily achieve the objectives with their
hard work as they have the ability to fulfil the targets. To serve this purpose two types of rewards
such as extrinsic and intrinsic are given. Intrinsic motivation covers internal things like sense of
achievement & fulfilment. On the other hand extrinsic motivation includes external things for
example promotion and money. As Vroom's model says that motivation level of people is
product of many factors such as valence, expectancy and instrumentality. Valence shows that
how much people value for the reward which was given to them as it its observe through specific
behaviour or results. Expectancy shows that how much they tends to believe that by putting
additional efforts objectives of the company can easily be achieve. Instrumentality reflects that
how much individuals believe the rewards that actually appears ,is they able to achieve desired
behaviours. If any of these factors skip than there is lack of motivation in individuals.
Explain and apply theory of CVF?
CVF: It is a theory which was initially developed through research conducted on major
indicator of effective organisation. It covers two major dimensions. First one is related to
organisational focus from an internal emphasis on well being and development of individual in
organisation to external focus on development and well being of company itself. On the other
hand second dimension make differentiate organisational preference for structure and tends to
represent the contrast between control & stability and change & flexibility. Together the
dimensions form four different quadrants. As every quadrant represent one of four main model
related to organisation and management theory.
Human relations Model: It emphasis on flexibility, internal focus and morale, stress
cohesion, human resource development as criteria for effectiveness.
Open system Model: It make concentrate on flexibility as well as on external focus and
also stresses on growth, external support readiness etc.

Rational goal model: it emphasizes on control as well as on external focus and tends to
view planning , efficiency, productivity, goal setting,
Internal process Model.: this emphasizes on internal focus , control, stability,
communication, role of information management etc.
CONCLUSION:
After deep study and analysis it is conclude that motivation helps the individual or
company to achieve the objectives of organisation. Motivation is the state of mind that force to
push individual to perform the things with great spirit and positivity. And it is the responsibility
of team leader to ensure that all their team members & organisation tends to get motivated. With
the help of various theory it helps in understanding that what rewards get motivate people. It is
the process which initiates, guides and tends to develop goal oriented behaviour. The feature of
motivation is that it is continuous and goal oriented , also a psychological phenomenon which
convert abilities towards performance. With the help of various theories organisation can run the
business effectively.

REFERENCES
Books and Journals
Chandra, P., 2020. Fundamentals of Financial Management|. McGraw-Hill Education.
DeCenzo, D.A., Robbins, S.P. and Verhulst, S.L., 2016. Fundamentals of human resource
management. John Wiley & Sons.
DeCenzo, D.A., Robbins, S.P. and Verhulst, S.L., 2016. Fundamentals of human resource
management. John Wiley & Sons.
Mitra, A., 2016. Fundamentals of quality control and improvement. John Wiley & Sons.
Mitra, A., 2016. Fundamentals of quality control and improvement. John Wiley & Sons.
Price, J. and Kalil, A., 2019. The effect of mother–child reading time on children's reading skills:
Evidence from natural within‐family variation. Child development, 90(6), pp.e688-e702.