MANAGMNT 330 Lecture Notes - Lecture 7: Elon Musk, Job Security, Reward System
Document Summary
Article from yesterday: people in general have 4 basic human needs. Acquired, bond, comprehend and defend: people also have four levers. Reward system, culture, job design, performance management and resource allocation: we have to tune in to all 4, missing one could be costly, disconnects in the workplace between what organizations do and what employees are looking for. Job security: sympathy/help with personal issues, good working conditions, good wages, promotion opportunities, interesting work, tactful discipline, appreciation for work done, feeling of being (cid:498)in on things(cid:499) After you make 75,000 $ a year, it does not affect your happiness anymore. Write the best leader you know on the board exercise (obama, brady, steve jobs, Mlk, oprah, george washington, the pope) (teacher added hitler: positive force. Impact on society: inspirity, vision and strong set of beliefs. Willing to go against status quo opponents.
