Leadership and Management: Motivational Theories in Organizations
VerifiedAdded on 2023/06/14
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AI Summary
This report analyzes leadership and management principles, focusing on motivational theories such as Maslow's hierarchy of needs and Vroom's expectancy theory within the context of TESCO. It examines the application of performance management approaches, including feedback, training, rewards, and assessment methods. The report assesses contingency management and participatory leadership, recommending their use for continuous improvement and enhanced organizational performance. Furthermore, it proposes a comprehensive motivational tactic that integrates intrinsic and extrinsic motivation, considering organizational, social, and cultural variables to retain employees and achieve company objectives. The study concludes that implementing motivational theories leads to competitive advantages, improved performance, and rapid growth.
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