Employee Motivation Role in Modern Management Essay - 550 Words

Employee Motivation: Role in Modern Management (Essay Sample) Content: Employee Motivation: Role in Modern ManagementStudentà ¢Ã¢â€š ¬s NameInstructorà ¢Ã¢â€š ¬s NameEmployee Motivation: Role in Modern ManagementModern management aims at using and manipulating mathematical models to better understand the inter-relationship between employees and employers in all aspects (S. Certo T. Certo, 2013). The primary goal of modern management theories is to ensure the interrelationship between these factors is maximized for the benefit of the organization. Motivation, from a general perspective, is the intrinsic drive that leads a person to take a certain course of action. Employee motivation entails all factors which drive an employee to perform tasks related to work in a more efficient and satisfactory manner. In as much as motivation is an intrinsic force, motivation might be brought about by external factors. These factors vary from physical factors, biological factors, intellectual factors, emotional factors and social factors.There are si x major employee motivation theories with respect to modern management CITATION Pet12 \l 1033 (Psichogios, 2012). These are: * The Equity Theory * The Two Factor Theory * The Hierarchy of Needs Theory * The Three Needs Theory * The Goal Setting Theory * The Expectancy TheoryThe Equity Theory was advanced by John Adams. According to him, people have the tendency to compare and contrast themselves with their colleagues CITATION Pet12 \l 1033 (Psichogios, 2012). They will thus compare themselves and judge whether or not they are being treated equitably. Employers who choose to adhere to this theory should treat all their employees fairly and equitably. Issues of inequity should be addressed with urgency. The second theory, the Two Factor Theory, was developed by Frederick Herzberg. Herzberg stated that people are motivated by recognition, achievement, responsibility, opportunities for growth and development and meaningful work. He pointed out policies as one of the major factors that led to dissatisfaction among employees. According to him, employers should treat employee motivation and employee dissatisfaction as two independent issues CITATION Jam98 \l 1033 (Lindner, 1998). The Hierarchy of Needs Theory, advanced by Abraham Maslow, is the most popular of the six theories. It identifies five levels of needs that motivate people. These levels, in order of increasing levels, are physical, safety, social, esteem and self-actualization levels. According to Abraham Maslow, as the lower levels of needs are met, the higher levels of needs become of more importance CITATION Mur13 \l 1033 (Barrick, 2013).Another theory, which mimics the three basic human needs, is the Three Needs Theory. It states that people have three basic needs CITATION Jam98 \l 1033 (Lindner, 1998). These needs are achievement, power and affiliation. Employers who choose to subscribe to this theory should set demanding goals and provide adequate feedback with regards to the achievements of each and every employee. The fifth theory, the Goal Setting Theory, was developed by George Odiorne. According to Odiorne, people are motivated when they are part and parcel of the process of setting demanding goals for themselves CITATION Pet12 \l 1033 (Psichogios, 2012). They are also motivated when they are well aware of the role they have to play to achieve those goals. Employers should involve the employees in setting measurable objectives and such objectives should be linked to the greater company goals. The final theory is the Expectant Theory. This theory is the brainchild of Victor Vroom. The theory is based on the premise that people are motivated if they know that their efforts will result in success. Such an outcome is meaningful to the employees. Employers who make use of this theory should create a myriad of opportunities for employees to succeed, and they should be keen to reward them if they succeed.In conclusion, t... Employee Motivation Role in Modern Management Essay - 550 Words Employee Motivation: Role in Modern Management (Essay Sample) Content: Employee Motivation: Role in Modern ManagementStudents NameUniversity AffiliationDate Employee Motivation: Role in Modern ManagementNormally, a cell phone needs to be charged regularly for it to operate well. Similarly, employees need to be motivated regularly in order to avoid a dip in their performance and for them to remain loyal to the company. Employee motivation can be defined as the process of empowering employees to act or behave in a specific manner (Korzynski, 2013). Motivation acts as an internal force that drives employees toward realization of the companys set goals. Thus, managers need to ensure that employees are always motivated by adopting reward systems as well as motivational tactics (Griffin Moorhead, 2010). This paper intends to discuss the role of employee motivation in the modern management. Research indicates that in the modern management, employee motivation plays a crucial role in the realization of organizational goals. Motivated employees usually offer their services without reservation, execute their roles comprehensively, and they stay focused on the companys set goals. As a result, they make full use of the companys resources, enhancing the level of production. This makes it easy for a company to cut down costs of productions, maximize profits, and to fight competition effectively. Thus, it becomes possible to achieve both the short and the long term goals, in a timely manner (Lauby, 2005).Motivation also assists in the creation of friendly relationships in a company because it enhances employee satisfaction. Friendly relationships in a company enable employees to work collaboratively toward the achievement of the set goals (Griffin Moorhead, 2010). They also make employees to feel free while sharing resources, enabling the company to cut down the costs of production. Furthermore, friendly relationships in a company enable employees to assist each other as they execute their roles, and this paves way for outstan ding products and services (Doyle, 2005).It is also worthwhile noting that employee motivation leads to stability of work force by reducing the turnover rate. Stability of workforce is of paramount importance because it paves way for more loyal employees, ensuring that the company runs smoothly despite the competition it might face in the market (Hull, 2013). It also saves companies a lot of money by reducing the costs associated with hiring and training new personnel. Furthermore, motivated employees also perform their duties willingly and they endeavor to perfect their work. As a result, a company is able to accomplish a lot within a short time (Korzynski, 2013). It is also evident that such employees are more likely to obey their managers instructions. This helps to avoid misunderstandings in course of executing a companys operations, saving company a lot of time, which might be wasted in handling indiscipline cases among the employees (Businesscasestudies.co.uk, 2015). In concl usion, it is evident that employee motivations plays a crucial role in the modern management, and as result, managers across different companies need to adopt strategies that keep their employees motivated to perform their duties. Studies have also indicated that despite the unpredictable nature of the modern business environment, companies can sustain a high level of production by motivating their employees regularly. Consequently, it is imperative for managers to get rid of factors, which do not spur motivation among their employees by evaluating their management tactics as well as knowing the likes and dislikes of their employees. A clear knowledge of their employees beh...