Business Studies, asked by nismaaslam92, 8 months ago

Define Motivation and enlist names of several motivational theories? Think about the worst job you have held. What approach to motivation was used in that organization? Now think about the best job you have held. What approach to motivation was used there? Using equity theory and Justice Theory as a framework, explain how a person can experience inequity because he or she is paid too much.What are the potential outcomes of this situation?

Answers

Answered by KARTAVYAJUNEJA
1

Explanation:

Types of Motivation

There are two main types of motivation – extrinsic and intrinsic.

Extrinsic motivation is when you use external factors to encourage your team to do what you want. Pay raises, time off, bonus checks, and the threat of job loss are all extrinsic motivators – some positive, some less so.

Intrinsic motivation is internal. It's about having a personal desire to overcome a challenge, to produce high-quality work, or to interact with team members you like and trust. Intrinsically motivated people get a great deal of satisfaction and enjoyment from what they do.

Every team member is different, and will likely have different motivators. So, it's important to get to know your people, discover what motivates them, and find a good mixture of extrinsic and intrinsic motivators, so that you can motivate them successfully.

Your people may have all the expertise in the world but, if they're not motivated, it's unlikely that they'll achieve their true potential.

On the other hand, work seems easy when people are motivated.

Motivated people have a positive outlook, they're excited about what they're doing, and they know that they're investing their time in something that's truly worthwhile. In short, motivated people enjoy their jobs and perform well.

All effective leaders want their organizations to be filled with people in this state of mind. That's why it's vital that you, as a leader and manager, keep your team feeling motivated and inspired. But of course, this can be easier said than done!

In this article, we'll go over the key theories, strategies and tools that you can use to help your people stay enthusiastic about their work.

Similar questions