Skip to main content

A note on Motivation

Motivation Theories


Motivation- those factors that cause ,channel, and sustain people’s behavior. Motivation is not always easy to discern. Most successful managers ,however, have learned by experience that people are generally very responsive to praise and encouragement-expressed not only in words but also in actions and need to feel successful in their work to give their best effort to the organization.

Different View points on Motivation

The Traditional Model

The traditional model of motivation is associated with Fredrick Taylor and scientific management which held that an important aspect of the manager’s job was to make sure that workers perform repetitive  tasks in the most efficient way.

The Human Relations Model

In the human relations model, workers were expected to accept management’s authority because supervisors treated them with consideration and were attentive to their needs. The intent of managers ,however remained the same- to have the workers accept the work situation as established by managers.

The Human Resources Model


Douglas McGregor , Abraham Maslow , Chris Argyris and Renis  Likert  criticized the human relations model and they argued that most people are already motivated to do a good job and they do not automatically see work as undesirable. McGregor proposed that there are two different sets of assumptions about what motivates people. 
  • The traditional view known as Theory X  ,contends that people have an inherent dislike for work,regard it only as necessary for survival and will avoid it whenever possible. 
  • Theory Y   is a much more optimistic view of human nature assuming that the expenditure of physical and mental effort in work to be natural as at play or rest.People will direct them selves towards objectives if their achievements are rewarded.

Three Types of Motivation Theories
  • Content Theories
  • Process Theories
  • Reinforcement Theories


Comments

Popular posts from this blog

RISK in Investments

Investment decisions are a trade off between Risk and Return. Risk refers to the possibility that the actual outcome of an investment will differ from its expected outcome. Most investors are concerned about the actual outcome being less than the expected outcome. The wider the range of possible outcomes,the greater the risk. SOURCES OF RISK The three major sources of risk are: Business Risk Interest Rate Risk Market Risk   Business Risk As a holder of corporate securities (equity shares and debentures) you are exposed to risk of poor business performance. This may be caused by a variety of factors like heightened competition, emergence of new technologies, development of substitute products , shifts in consumer preferences, inadequate supply of essential inputs,changes in governmental policies and so on. The principal reason might be inept and incompetent management. Interest Rate Risk The changes in interest rate have a bearing  on the welfare of investors. As th

Certified Bitcoin Professional Exam

Studying for the CBP exam is easy. The 33 topics are covered extensively online making it easy to learn the knowledge required for certification. A  CBP Study Guide  is available to assist your review. The Common Body of Knowledge for the Certified Bitcoin Professional certification is defined as follows: History of Money and Ledger-based Economics Centralized Ledgers Functions of Currency Distributed Consensus History of Bitcoin Price Derivation Basic Cryptography Terms and Definitions Hash Functions Symmetric and Asymmetric Encryption Digital Signatures Bitcoin Basics Bitcoin Community Bitcoin Addresses and Keys Bitcoin Transactions Bitcoin Blockchain Ledger bitcoin the Unit Bitcoin the Network BIPs Buying and Selling bitcoin Blockchain Explorers UTXOs Mining Purpose and Function Algorithm Mining Pools Mining Hardware Security and Centralization Wallets, Clients and Key Management Wallet Types Bitcoin Clients Deterministic Wallets (AKA B