Theories of Motivation - PDF

Added on - 11 Nov 2020

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CONTEXT OF BUSINESS-1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1Dynamic and changing nature of business.............................................................................1Importance of a motivated workforce....................................................................................1CONCLUSION................................................................................................................................3REFERENCES................................................................................................................................5
INTRODUCTIONMotivation to employees in any organization is an important element that need to bedelivered to them for better performance and increasing their productivity. There are variousfactors considered in organizations to motivate its work forces and to attain employees' loyaltyby providing them variant of benefits (Kotni and Karumuri, 2018). This study will undertakebasic theories of motivation that can be applicable to organizational environment satisfyingneeds of employees.MAIN BODYDynamic and changing nature of businessNature of businesses are being changing with time and innovations. The elements ofbusinesses are becoming more flexible and has started giving importance to its task force ascompared to traditional system of organizations. Businesses are continuously heading towardsthe application of dynamic management procedures for strategic, prompt and smart decisionswithin business environment (Sanjeev and Surya, 2016). This dynamic management mainlyinvolve inclusion of technologies, implementing to strategic managerial skills and mostsignificantly, continuous motivation to workforce. Apart from taking technologies intoconsideration, organizations have also laid emphasis on various factors that increase itsemployees' motivation towards workplace.Motivation level can be increased with the help of different factors that are beingspecified within organizations and have positive effect on task forces' productivity. There arenumber of traditional approaches that are being adopted by organizations like “Tesco” tomotivate its work forces to the fullest.Businesses are being increasing continuously at global level with an inclusion of adifferent aspect of organizational behavior. This changing environment of businesses at globallevel has introduced a totally new system to traditional concepts of motivation factors (Miner,2015). Businesses have started focusing on increasing its cultural relations with other countriesand business partners by establishing talented pool of employees and retain them by help ofmotivation factors.Importance of a motivated workforceEvery organization's success correlates with certain factors related to its employees suchas efficiency of its task forces and their level of creativity and productivity. These factors can be1
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