MGC1010 Study Guide - Final Guide: Computer Performance, Expectancy Theory
8 Aug 2018
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Motivation is integral to the functions of management. Productivity is often the measure of organisational success. There is a correlation between motivated staff and high productivity rates. Motivation = forces within the individual that account for the level, direction and persistence of effort expended at work. A highly motivated workforce is crucial for the achievement of sustained high performance results. Reward = an outcome of positive value to the individual. Extrinsic reward = rewards that are externally administered. For example, a bonus is given to the individual by their managers or bosses. For example, feelings of achievement, personal development that the individual experiences. The four drives the underline motivation: (abcd: the drive to acquire. Acquiring scarce goods boost our sense of well-being. These goods can be physical (cars, food, etc) or experiences (travel, promotion, corner office, etc). Social comparison drives us to acquire more things.
