Prelims Flashcards
• Process of setting expectations, aligning goals, assessing
results and focusing on staff development through
ongoing conversations between managers and their
direct report
• Ensure organizations are able to achieve its objectives
• Set goals that are achievable
Performance Management System
2 Governing Principles in the World
VUCA- volatility, uncertainty, complexity and ambiguity
BANI- brittle, anxious, non-linear and incomprehensible
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 is.
Ambiguity
Unexpected. Everything that we have can be lost in a snap. Standing in a brittle foundation
Brittle
Anxiety. Too much information to handle
Anxious
Not sure, long-term plans will definitely change
Non-linear
There are a lot of Questions with answers but not satisfaction.
Incomprehensible
the level of commitment,
energy and innovation that a company’s staff hold during the working day
Employee motivation
comes from the
Latin word “movere,” meaning “to move.”
Motivation
crucial driver of success in the
workplace
Motivation
an individual is motivated from within.
Intrinsic motivation
an individual’s motivation is
stimulated by external factors- rewards and recognition.
Extrinsic motivation
This are incentives or rewards that are directly related to an employee’s compensation, financial well-being or economic needs
Financial motivator
A behavioral scientist who proposed the two-factor theory, says there are two factors to which an organization can adjudt to influence the levels of motivation at the workplace
Frederick Herzberg
Involves a multiplicity of issies and factors, some of which kay be intricately interconnected
Complexity
Condiions are unstable, outcomes are hard to foresee. An outdated framework due to volatility being the new normal
VUCA
A motivation that drives an individual to engage in an activity because it personally rewards them and brings inner satisfaction
Intrinsic motivation