Leadership Management: Motivation Theories and Practical Application

This essay explores the concept of motivation, its importance in enhancing employee performance, and various strategies for fostering a motivated workforce. It delves into why motivation is essential for individual well-being and organizational success, highlighting how incentives, recognition, and appreciation can be used to motivate employees. The essay also discusses theoretical aspects of motivation, including Maslow's hierarchy of needs and Herzberg's two-factor theory, providing a comprehensive overview of motivation in leadership management. Desklib provides solved assignments and past papers for students seeking to further explore these concepts.

Task 1

Motivation

What is Motivation
➲ Motivation is the art of encouraging people towards better
productivity.
➲ It improves the performance of the individual at workplace.
➲ Motivation is vital in terms of improving the morale of employees at
workplace.
➲ With the help of proper motivational benefits, employees can be
retained for longer span.

Why motivation is required?
➲ Motivation needs to be provided so that individual can feel
better.
➲ It enhances the morale of employees and helps them to perform
all the duties and tasks in adequate manner.
➲ Self motivation is the best thing that a person can do to himself.

“Action is the fundamental key to all success”

How to motivate
➲ Monetary ways
➲ Incentives
➲ Allowances
➲ Appraisals
➲ Monetary payments
➲ Non monetary ways
➲ Recognition
➲ Appreciation

What motivates people?
➲ People can be motivated by values, beliefs, fear and worthy
causes.
➲ External and internal forces such as environment, pressure,
needs and beliefs changes the morale of employees.
➲ There should be open viewpoint on human nature.

Benefits of Motivation
➲ Need satisfaction
➲ Job Satisfaction
➲ Productivity
➲ Increases learning level
➲ Maintains discpline

Theoritical aspects of Motivation

Maslow's theory of motivation
Physiological needs - Air, food, drink, shelter, warmth and sleep
Safety needs - Protection from elements, security, order, law, limits and stability
Social Needs - Belongingness and Love, work group, family, affection and relationships
Esteem needs - Self-esteem, achievement, independence, status, dominance, prestige and managerial
responsibility
Self-Actualization needs - Realizing personal potential, self-fulfilment, seeking personal growth and peak
experiences