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3/12 Warm-up

3/12 Warm-up. Define the term motivation. Explain what it means to be motivated Describe your motivation to do work for this class. What is Motivation?. Desire, effort and passion to achieve something. Willingness to complete a task or job with enthusiasm

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3/12 Warm-up

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  1. 3/12 Warm-up • Define the term motivation. • Explain what it means to be motivated • Describe your motivation to do work for this class.

  2. What is Motivation? • Desire, effort and passion to achieve something. • Willingness to complete a task or job with enthusiasm • Managers => getting workers to do what you want • Employees => reason to do something for yourself.

  3. Types of Motivation Intrinsic (Internal) Extrinsic (External) Desire based benefits and rewards (external) Tangible (wages, salaries, bonuses) Intangible (recognition, praise, avoiding punishment) • Genuine desire or interest in doing something (internal) • Challenging • Stimulating • Satisfying • Commitment to others

  4. Create & maintain an engaging learning environment that is fun where students are exposed to the subject using materials & methods that are relevant and authentic, providing a foundation for success in future studies and the world of work. Elseroad as Manager

  5. Motivation Theories • Taylor • Maslow • McGregor • Herzberg

  6. TaylorPrinciples of Scientific Management (1915) • Workers are extrinsically motivated • Rewards => Productivity • Manager’s define & assign tasks • Division of Labor & Specialization • Factory work • Objective reward schemes • Amount and/or quality of work. • Criticism • Not good for intellectual work • Workers have no input • Ignores intrinsic motivation

  7. MaslowAmerican Psychologist (1943) • Intrinsic motivation • Emotional & mental needs of workers • More than just money • Hierarchy of needs • Provide incentives for workers to reach each level • Criticism • Not practical • Difficult to measure • Doesn’t always fit.

  8. McGregorManagement’s Attitude Towards Workers (1960) Theory X Theory Y Positive Attitude Achieve objectives on their own accord & initiative Able to enjoy work and take on responsibility Democratic Management Style Tell people what to do • Negative Attitude • Lazy, avoid work • Need clear instructions • Must be supervised • Authoritative Management Style • Focus on output & productivity • Tell people what & how to do things

  9. HerzbergResearched factors Causing Satisfaction & Dissatisfaction at Work (1959) Hygiene Factors (cause dissatisfaction) Motivators (cause satisfaction) Psychological growth Increase satisfaction & performance Achievement Recognition Responsibility Advancement Achieving motivation Job enlargement Job enrichment Job empowerment • Physical Elements • Minimal level to meet in order to avoid dissatisfaction • Pay • Rules, Regulations & Policies • Working Conditions • Security • Status • Expectations • Taken for granted

  10. Textbook Research • Read textbook pages ____ . For your assigned motivational practice; • Create an annotated visual with a real-world example to explain how this practice can increase motivation. • Be prepared to the practice’s strengths & weaknesses. • Financial • Wages & Salary • Commission • Profit-related Pay • Performance-related Pay • Fringe Payments • Employee Share Ownership Plans (ESOP) • Non-financial • Job Enrichment • Job Enlargement • Job Empowerment

  11. 3/14 Warm-up • Which is more effective; for people to be intrinsically or extrinsically motivated? Explain your answer.

  12. Goldman Sachs Case Study • Read the article and annotate; • Author’s motivation (or lack of) • Goldman’s organizational goals & objectives • Past • Present • Goldman’s leadership • Questions/Wonderings (?) • Interesting (!)

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