Table of Contents INTRODUCTION...........................................................................................................................1 PROJECT 1.....................................................................................................................................1 Concept of Motivation............................................................................................................1 Herzberg Theory of Motivation..............................................................................................1 Vroom's Expectancy Theory..................................................................................................3 Comparison Between Herzberg and Vroom Theory..............................................................4 CONLCUSION................................................................................................................................5 REFERENCES...............................................................................................................................6
INTRODUCTION Motivational Theories can be defined as the theories which enhances and motivates an individual's will to work so that the goals of an organisation can be achieved in an efficient and effective way. The following assignment is based on two parts. In the first part it will focus on the motivation of employees with the application of two motivational theories, and how the manager can enact upon them for enhancing the morale of their employees. PROJECT 1 Concept of Motivation Motivation can be defined as the process with the help of which helps in making the individual to work by self by providing with some factors that develops self desire to work.Like every other organisation, it is also important for Pepsico to have a motivated workforce for the accomplishment of different tasks performed in the company. The employees can be motivated with the help of application of different motivational theories in their working. Two theories related which help in the motivation of employees are explained as under: Herzberg Theory of Motivation The following theory was propounded by Frederick Herzberg in 1959. This theory focuses on tow factors which help in the motivation of an individual. Herzberg divided his theory in two parts which are the Hygiene Factors and the Motivational Factors. On the basis of these two factors the following theory is dependent. The explanation of these two factors are provided as under: 1
(Source:Hezberg's Theory of Motivation, 2019) Hygiene Factors: These are the factors which are essential for the motivation of employees at the workplace. However these factors do not provide long term satisfaction to the employees but they eradicate the dissatisfaction from employees. The discussion of these two are provided as under: Pay:It can be defined as the compensation that a company provides to their employees for the services provided by them to the company. Fringe Benefits:In these factors, services provided by the company such as the medical benefits to their employees as they also help in the motivation of their employees (Reiss, 2012). Job Security:Another factor with the help of which Pepsico can motivate their employees by providing them with the job security. Motivational Factors: These factors create a real sense of motivation for the employees as they lead to superior performance of the employees. The discussion of the factors covered under this part of Herzberg's Theory are discussed as under: Recognition:It can be defined as appraisal or recognition provided through managers to their employees for their special work or achievement. 2 Illustration1: Hezberg's Theory of Motivation, 2019
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Growth and Promotional Opportunities:Pepsico must provide chances of growth and development to their employees as growth will increase their morale and make them to work at their own. sResponsibility:Responsibility here means delegation of authority which can be provided by managers to their employees and make them to feel special in the organisation so as to increase their morale. The theory can be applied in the working of Pepsico as the company can provide these benefits easily to their employees and increase their motivation level. It will also help in individual development which will result in an increase in the efficiency of the company as a whole. Vroom's Expectancy Theory Another theory of motivation is ofVroom's Expectancy Theorywhich his also explained as under: (Source:Vroom's Expectancy Theory, 2019) The following theory was propounded by Victor Vroom in 1964. According to this theory, the motivation of an individual is based upon the when they are provided with rewards according to their effort and performance that they made and achieved in the task.The following theory is also important for the motivation of employees of an organisation.The key components of the theory are explained as under: Valence: Valence according to Vroom, can be defined as the value or strengths that an individual places on a particular outcome. Expectancy: 3 Illustration2: Vroom's Expectancy Theory, 2019
It relates to the efforts made by an individual to bring the performance. Instrumentality: It refers to the belief of an individual that rewards will be provided to them on the basis of their performance. With the help of this theory employees will be motivated by providing them with the rewards in accordance with their performance(Chevallier and et. al., 2012). Motivated employees are important for the success of every organisation. It is so because they will get a reason to work such as for the fulfilment of their unsatisfied needs. It can also be done with the help of Vroom's Theory as the rewards provided them will be their motivation key and enhance their level of working. It will make them to work more efficiently and effectively and with full dedication to their job which in turn help the company in achieving their goals and objectives. Comparison BetweenHerzbergand Vroom Theory BasisHerzberg TheoryVroom's Theory Theoretical ProminenceHerzbergwasanAmerican Psychologistwhodeveloped the tow factor theory. Victor Vroom is a Canadian professordevelopedthe Expectancy Theory. Answer and ApplicationAccordingtothistheory, employeescanbemotivated onlythroughtwofactors whichwillgivethemlong termsatisfactionand dedicationtowardstheirjob. (Cheng, Ioannou and Serafeim, 2014). In this theory, motivation is the result of valence, expectancy andinstrumentality.For reaching to motivation, these three ideas must be met. The applicationofthistheoryis focused more on performance of an individual in the job role provided. Concept of Motivation: The term motivation has been derived from the word “motive”. Motivation can be defined as the process of rousing the work of an individual to the best of their capabilities by 4
providing them motives to work such as the unfulfilled needs of those individuals. According to Flippo, Motivation is the process of attempting the influence on others with the help of reward. As the Manager of Pepsico, the motivation of employees will be done with the help of Vroom's Theory of Motivation. Monetary incentives and promotion will be provided to the employees fro their good work and performance so as to maintain and enhance their motivation level(Aguinis and Glavas, 2012). It will also increase their dedication to work so that efficiency and effectiveness can be created in their work which will help in the achievement of the organisational goals of Pepsico. CONLCUSION From the above given data it can be concluded that motivation is very necessary in order to make employees to work effectively and efficiently. For motivation of the employees the use of theories is also helpful.Additionally, it is also concluded that the application of these theories will provide the organisation with the means of motivating their employees in the way which will motivate them to work using their full efficiency. 5
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REFERENCES Books and Journals Aguinis, H. and Glavas, A., 2012. What we know and don’t know about corporate social responsibility: A review and research agenda.Journal of management. 38(4). pp.932- 968. Brammer, S., Jackson, G. and Matten, D., 2012. Corporate social responsibility and institutional theory: New perspectives on private governance.Socio-economic review. 10(1). pp.3- 28. Cheng, B., Ioannou, I. and Serafeim, G., 2014. Corporate social responsibility and access to finance.Strategic management journal. 35(1). pp.1-23. Chevallier, C. and et. al., 2012. The social motivation theory of autism.Trends in cognitive sciences. 16(4). pp.231-239. Crowther, D. and Seifi, S. eds., 2018.Redefining Corporate Social Responsibility. Emerald Group Publishing. Online GlobalCRRepTrak100|2017.2019.[Online].AvailableThrough: <https://www.rankingthebrands.com/The-Brand-Rankings.aspx? rankingID=331&year=1178> Corporate Social Responsibilities For Pepsi Cola Commerce Essay.2019. [Online]. Available Through:<https://www.ukessays.com/essays/commerce/corporate-social- responsibilities-for-pepsi-cola-commerce-essay.php> 6