KK2: Four drives theory ( Lawrence and Nohria) Flashcards

1
Q

The Four Drive Theory 

A

is a motivational theory
that suggests that people
strive to balance four
fundamental desires

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

The drive to acquire 

A

is the desire to achieve rewards
and high status

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Financial rewards

A

 are
monetary payments given
to employees to recognise
their high performance.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Non-financial rewards 

A

are non-monetary benefits
given to employees to
recognise their high
performance

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

The drive to bond 

A

is the desire to participate in
social interactions and feel
a sense of belonging.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

The drive to learn

A

 is the desire to gain knowledge,
skills, and experience.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

The drive to defend 

A

is the desire to protect personal
security as well as the
values of the business.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Workplace strategies: Acquire

A

Financial and nonfinancial rewards.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Workplace strategies: Bond

A
  • introducing recreational team bonding activities, such as sports days.
  • encouraging group work instead of tasks to be done by a single person.
  • celebrating employee milestones and birthdays.
  • holding social events that employees can regularly attend and participate in.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Workplace strategies: Learn

A

.facilitating internal and external work-related training courses.
* adopting a mentoring system between junior and senior employees.
* regularly rotating the types of tasks assigned to employees.
* sponsoring employees to pursue further education and qualifications.
* assigning challenging work tasks to employees to broaden their range of skills.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Workplace strategies: Defend

A

. developing a vision that employees agree with.
* implementing policies using employee input.
* ensuring that managers represent business values.
* building trust by supporting and collaborating with employees.
* facilitating transparent communication between managers and employees.
* Implement job contracts so that employees understand their work responsibilities
and requirements.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Advantages: Business

A

The model provides a simple
approach for motivating
employees and is easy for
managers to implement.
* All four drives can be attained
simultaneously, and are not
restricted to sequential orders,
therefore increasing motivation
efficiently for the business.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Advantages: Employee

A

The four drives act as a means
to motivate employees and can
allow them to feel more engaged
in their work.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Advantages: Money

A

Satisfying drives can improve
employee performance
and business productivity
and therefore increase
business profits.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Disadvantages: Business

A

Managers may find it difficult
to manage four drives
simultaneously

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Disadvantages: Employee

A

Some drives can be overlooked
and therefore, an employee’s full
potential may not be achieved.
* Employees may not value all
drives equally and therefore,
a balance between drives
cannot be achieved.
* Rewarding individual employees
may lead to unhealthy
competition in the workplace.

17
Q

Disadvantages: Time

A

Individual employees may have
different drives that are yet to be
met and a manager may spend
a lot of time analysing these to
cater to employees.

18
Q

Disadvantages: Money

A

. Training programs and
sponsoring the education
of employees to fulfil the
drive to learn can increase
business expenses.
* Financial rewards that are
provided to employees to fulfil
the drive to acquire can increase
business expenses.