Importance of Motivation and Employee Performance in Baking Sector
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Added on 2023/01/19
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This research project aims to investigate the importance of motivation and its effect on employee performance and business productivity in the baking sector. The study focuses on Barclays Bank and includes a literature review, research methodologies, ethical considerations, and a timescale for the project.
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TABLE OF CONTENTS Background to research topic.................................................................................................3 Overview of organization.......................................................................................................3 Research rationale..................................................................................................................3 Aims and Objectives...............................................................................................................4 Research questions.................................................................................................................4 Literature review....................................................................................................................4 Research methodologies.........................................................................................................6 Ethical consideration..............................................................................................................7 Timescale...............................................................................................................................8 Resources................................................................................................................................9 REFERENCES..............................................................................................................................10
TOPIC:To investigate the importance of motivation and its effect on employee performance and business productivity in baking sector: A study on “Barclays Bank”. Background to research topic. Motivation is seen as the inner drive, which is promotes people to act in a way either towards achieving their personal goals and organizational goals in effective manner. It is the experience of desire or aversion from something wants in effective manner. This is very important and effective part of employee’s life. This help to achieve and reach company and organizational goals by giving more efforts on work if they are properly motivated for work. Currently a more and main concern of organization is to increase their profits and customers satisfaction (Glesne, 2016). These organizations, to achieve goals, they are generally organized training and development program and send to them for awareness sessions as their main assets of the organization. Employees are considered only input to the production of business. But they are not just an asset of company they are a hard contributor and affective factors for business production. Furthermore, the research will found that employees are not motivated by money and employee behaviour is linked to their attitudes. Overview of organization. For the present research project organization has been select i.e. Barclays bank, to investigate the importance of motivation and its effect on employee performance and business productivity. Now a day's banking sector is on the higher growth and various employees are work for achieving goals and objectives of company is in the effective manner. The Barclays bank is the British multinational investment bank and financial service providers in London. They operate four core businesses: personal banking, corporate banking, wealth management and investment management is in the effective manner . Bank organized various operations within the two businesses clusters: corporate and investment banking as well as retail and business banking. The company have 79900 employees who are completely responsible for manage operations and handle customers investment and wealth queries in effective manner. Research rationale. The main reason to selecting importance of motivation and its effect on employees performance and productivity in company is that it is the current topic which is going in the environment. The reason to select this topic is the personal interest of the researchers. The
researcher personally wanted to know about the concept of motivation for job satisfaction company and how this effect to employee performance and business productivity. Another reason to select this topic which is help to another researcher who are want to get knowledge about motivation for banking sector employees and its needs (Kumar, 2019). This help to increase job satisfaction by motivating employees in effective manner. Aims and Objectives. Aim: To investigate the importance of motivation and its effect on employee performance and business productivity. Objectives: To understand the concept of motivation. To investigate different methods and theories of motivation. To evaluate the impact of motivation theory on employees' performance and productivity of Barclays bank. To recommend some ways to motivate employees in business. Research questions. What is the concept of motivation? What are the different theories of motivation? How motivation theory impact to employee performance and productivity? Literature review The concept of motivation. Walliman (2017) stated that the motivation means a process of stimulating people to action which accomplish desired goods and goals of life. The motivated employees will help to increase capability of organization to achieve mission, objectives and goals. It is also engaged all the peoples together for building strong organizational culture by making effective efforts. Motivatedemployeeswillfeelsashavingastrategicplanningandpartnershipwiththe organization and their commitments and loyalty will increase from day to day. The loyal employees are always ready to give hard contribution for achieve goals and objectives of company in effective manner. On the other sideHerzberg (2017), defined as motivation gives a greater and direct impact on employee performance for improving productivity through best
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efforts in innovation. This leads to a productive with the highest performance employee who are the best and effective in the work. The happy employees are always kept smile on face and make various efforts in company for achieving goals and objectives in effective manner. The motivated employees impact on company and its bottom line and make the workplace somewhere employees look forward to interacting with instead of just a place to pick up pay check. Different methods and theories of motivation. There are different theories and methods of motivation which are help to motivate employees for giving hard contribution in work. As per the view of theWentzel (2017), Maslow – hierarchy of need theory is best and effective to motivate employees. This help to motivate employees and people by satisfying their daily basic needs. This considers various elements as physiological needs, safety and security, Belongingness, esteem and self-actualization needs of employees.Wlodkowski and Ginsberg (2017)cited toWentzel (2017),stated that two factor theory of motivation has best to motivate employees. That includes two factors like hygiene and motivators. This explains various factors of motivate employees by identifying their needs and desires in effective manner. This theory is explained the factors which are help to motivate employees in effective manner. On the other side, Quinlan and et.al. (2019) stated that the ERG theory is best for motivate employees at workplace in effective manner. This divided into three classes of needslike existenceneeds which includessafetyand belongingnessneedsof employees that are complete basic needs. The relatedness which includes aspiration individuals have for maintaining significant interpersonal relationships. At the end, here is includes growth of self development and personal growth and advancement. Impactofmotivationtheoryonemployees'performanceandBusinessproductivity. According to theRyan and Deci (2017), praise is one of admire individuals is the most commonlywaysofmotivatingemployees.Motivationtheoryisgivepositiveimpacton employees by providing mental motivation to people. This creates healthy work environment at workplace. Employees work harder when they are recognized and appreciated for their efforts for workplace. This also attendees from the different seminars about the motivation agreed that praise is most important thing when motivating employees within the organization because through that employees are highly motivated in effective manner. In contradictDeckers (2018), stated that the salary, payment and allowances are best to motivate employees. Introducing individualpay and increaseproductivityof companyand businessbecause of motivated
employees are more eligible for hard work. This playing an effective role in the business for effective growth of employees in proper manner. Through that employees are fulfilled their needs by purchasing those from market. Research methodologies Research methodology is the specific process of technique which is used to identify, select and process to analysis information about the topic. With the help of this, researcher will able to critically evaluate a study and overall validity and reliability in effective manner. This creates more effectiveness for researcher to understand values. Research type: The research type is help to make prefect focus on study by using scientific methods. The types of research have divided into two parts one is qualitative and second is quantitative. Qualitative research type is aids to records an information in practical, descriptive and subjective manner (Litosseliti, 2018). On the other side, quantitative research is based on the obtained quantity and calculation part. So, that researcher will select the qualitative techniques to gain information about the importance of motivation in employee’s performance in effective manner. Research philosophies: This is the undertaking development towards research assumptions and knowledge. Therefore, the research philosophies has divided into: interpretivism, epistemology, positivism and ontology. For the present, researcher will use interpretivism to interpret the factors related to topic which is importance of motivation and its impact on employee performance and business productivity. Research approach: Research approach is the planed process which is help to detailed explanation of data collection, analysis and interpretation. Thus, research approach is classified into the various categories as the inductive and deductive (Mackey and Gass, 2015). Whereas, researcher will choose inductive technique to analysis the importance of motivation in employee life. Research strategy: The strategy is help to make step by step actions which are provides the best direction to research study. This aids for collect detailed and proper information on the research topic. This has to classified into various categories: experiments, survey, grounded theory and case studies
etc. furthermore, in order to make effective and best researcher will have use descriptive method to gain the in-depth about the importance of motivation in employees life. Data collection: Data collection is defined as a systematic approach which is help to collect and analysis information from the variety of various source. The data collection method is divided into two parts primary and secondary. To find out the importance of motivation and its impact on employee performance and business productivity, researcher will use primary and secondary data collection method. Sampling: The sampling is predetermined observation study which has need to be taken from the larger populations in effective manner. This process is support to research to analysis and interpret data in effective manner (Quinlan and et.al., 2019). Thus, it is classified into categories as cluster, multistage and random sampling technique and method. In the present research, researcher will randomly select 20 managers of Barclays bank for investigate the importance of motivation in employees life. Data analysis: The data analysis is more and most important process that aids to evaluate data by using analytical and statistical tools in order to identified core information and knowledge about the subject topic in effective manner. In this present research researcher will select thematic analysis to interpret data (Taylor, Bogdan and DeVault, 2015). In this researcher will conduct interview by asking related questions with 20 respondents. Ethical consideration The ethical consideration is specified one most important parts of the research. This is important for researcher to maintain ethical behaviour towards respondents and duration of research. Researcher will have to protect information and privacy to respondents. Here is research must ensure to get the consent forms which is signed by the respondent before asking question with them. This will give positive impact on respondent mind in effective manner. Also, the researcher will ensure about the data collection source by selecting authentic sources and not from any unauthentic sources.
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Timescale Activity1 th Wee k 2 nd Wee k 3 rd Wee k 4th Wee k 5 th Wee k 6 th Wee k 7 th Wee k 8 th Wee k 9 th Wee k 10 th Week 11t h We ek Research topicis selected Concludes Literature Review Toolsused toconduct research Methodolog y Factorsare identified After factorsare determined, Questionnai reis prepared.
Collects factsand data of that topic. Analysed themby using thematic method. Rechecked the data and information before submitting. Submitthe final report. Resources Resources are very important and effective for conducting better research. Resources will plays an important role. List of resources are as follows: Human participants Computer Stationary Financial resources. Questionnaire Internet access
Vehicles for travelling.
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REFERENCES Books and Journals Deckers, L., 2018.Motivation: Biological, psychological, and environmental. Routledge. Glesne, C., 2016.Becoming qualitative researchers: An introduction. Pearson. One Lake Street, Upper Saddle River, New Jersey 07458. Herzberg, F., 2017.Motivation to work. Routledge. Kumar, R., 2019.Research methodology: A step-by-step guide for beginners. Sage Publications Limited. Litosseliti, L. ed., 2018.Research methods in linguistics. Bloomsbury Publishing. Mackey, A. and Gass, S. M., 2015.Second language research: Methodology and design. Routledge. Quinlan, C. and et.al., 2019.Business research methods. South Western Cengage. Ryan, R. M. and Deci, E. L., 2017.Self-determination theory: Basic psychological needs in motivation, development, and wellness. Guilford Publications. Taylor, S. J., Bogdan, R. and DeVault, M., 2015.Introduction to qualitative research methods: A guidebook and resource. John Wiley & Sons. Walliman, N., 2017.Research methods: The basics. Routledge. Wentzel, K. R., 2017. Peer relationships, motivation, and academic performance at school. Wlodkowski, R. J. and Ginsberg, M. B., 2017.Enhancing adult motivation to learn: A comprehensive guide for teaching all adults. John Wiley & Sons.