Prelim Exam Flashcards
Process of setting expectations, aligning goals, assessing results and focusing on staff development through ongoing conversations between managers and their direct report
Performance management system
Ensure organizations are able to achieve its objectives
PMS
quality of subject to frequent, rapid, significant change
Volatility
unpredictability of outcomes of the events
Uncertainty
multiplicity of issues of factors
Complexity
lack of clarity or difficulty of understanding what the situation
Ambiguity
Unexpected. Everything that we have can be lost in a snap
Brittle
Anxiety. Too much information to handle
Anxious
Not sure
Non linear
There are a lot of Questions. There are answers but not satisfied.
Incomprehensible
the level of commitment, energy and innovation that a company’s staff hold during the working day
Employee motivation
origin of the word “motivation”
Latin: movere - to move
inherently linked to behavior, and to achieve desired goals and
results.
Motivation
a crucial driver of success in the workplace.
Motivation
means that an individual is motivated from within
Intrinsic value
means an individual’s motivation is stimulated by external factors- rewards and recognition.
Extrinsic value
IMPORTANCE OF EMPLOYEE MOTIVATION
• There is a positive atmosphere within the organization
• Co-workers are happy and feel safe at work
• Make sure clients are happy
• They achieve better results than their counterpart
FINANCIAL MOTIVATORS
• Regular and good wages and salary
• Bonus
• Periodical increments
• Profit sharing
• Leave with pay
• Medical reimbursements
NON-FINANCIAL MOTIVATORS
• Job Security
• Performance Appraisal, praise and prestige
• Delegation of authority
• Congenial work environment
• Status and pride
• Participation
• Job enrichment
• Job rotation
• Facilities for paid leaves
• Quality of work life
WAYS TO MOTIVATE EMPLOYEE
• Employee motivation surveys
• Employee satisfaction surveys
• Recognition
• Focus on intrinsic rewards
• Autonomy, not bureaucracy
• Create an amazing work environment
• Be a visionary
• Act on soliciting ideas and suggestions
• Career-pathing
• Provide flexibility
Says there are two factors to which an organization can adjust to influence
the levels of motivation
Herzberg’s employee motivation theory
The two factors identified by Herzberg are
Motivators
Hygiene factors