hhOXFORD BROOKES UNIVERSITY
Research and Analysis Report
An analysis of the key factors that influence the levels of motivation of staff
A case study of Allied Associates & Co
By
Everestus King
ACCA Student Reg. No.: 1316312
September, 2008
6,007 words
OXFORD BROOKES UNIVERSITY
RESEARCH AND ANALYSIS REPORT
TABLE OF CONTENT
Content Pages
Part 1 – Project objectives and overall approach
1.0 Introduction
1.1 Overview of Employees motivation
1.2 The Reasons for choosing the topic
1.3 Aims and objectives of the report
1.4 Research Approach
Part 2 –
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If correct management decisions are to be taken in the organization’s best interest, it is necessary not only to provide good information for decision making, but also to ensure that management and employees are motivated to work towards the goals of the organization: that they have the same aspirations (BPP Paper P5, 2007).
Due to the foregoing, I intend to find out what motivates employees in Allied Associates & Co (BBc) (Chartered Accountants) a firm that engages in public practice and operates with its head office in Nigeria.
1.2 The Reasons for choosing the topic
After reviewing the list of the recommended topics contained in the Research and Analysis Project Guidelines, I narrowed down my project topic choice to four (4) and subsequently, I had (2) options left between project topic number 6 and 8. Finally, I decided to research on Project Topic number 6 - “The key factors or indicators in the motivation of employees in an organization”
Having seen many organisation undertaking various corporate social responsibility projects I was prompted to investigate the effect
Employee motivation is, or at least must be, one of the key issues for directors, managers and personnel managers. The leader must be able to find the sensitive strings of his subordinates, which can be motivated by influencing them to achieve high performance. The correct use of motivation encourages staff to make more efficient use of their knowledge, skills, and talents. In today's turbulent, often chaotic environment, commercial success depends on the employee's talent and effort. Despite the many existing theories and practices, some of the motivation of leaders today remains a mystical term. This is partly due to the fact that people are motivated by different things and techniques.
In any workplace, workers are no doubt the essential mainstay that holds any business or corporation together. Employees achieve important tasks to help the company’s long term vision and goals to be successful and efficient. A business can’t be successful without a proper management that is why it is important for employees to enjoy going to work and they also have maintain a positive attitude while being productive and completing tasks. Motivation is what gives a person the purpose to perform or behave in a certain way with the desire or willingness to gain something. There are two types of motivations, motivation that comes from a person and motivation that comes from materially goals. It is very necessary that employers keep their employees motivated and encourage them to perform above expectations.
A question often asked by first-line supervisors and managers is “How do we motivate our employees?” Effectively motivating employees to achieve a desired outcome is one of the most important functions as a supervisor or manager. There is evidence to show organizations are facing challenges retaining employees due to limited opportunities for advancement and the current competitive labor market. It does not appear things will get any better in the future. The loss of employees represents a loss of skills, knowledge, and experiences and can create a significant economic impact and cost to corporations as well as impacting the needs of customers. Managers who can motivate employees assist the organization by
Every organization no matter how large or small has goals they wish to meet. Each organization will have changes in its future and has to have certain set goals and objectives in place to help map out their course of action that will lead to their desired end result (Martin, 2009). In order for a company to successfully meet their final goal it is important for them to continually motivate their employees. According to Organizational Behavior by David Baack, motivation is what starts, maintains and stops behavior (Baack, 2012). Organizations each have their own way to set goals and motivate their
Ali joined CVS Caremark project at TCS-Noida in November after a successful stint at Aviva in TCS-Bangalore, where he had worked as a trainee. He had always wanted to go back to his hometown and live with his parents and when he got a transfer to Delhi he didn’t waste a single moment in saying yes to the new project and heading towards Delhi. Many of his friends were also moving out from Bangalore at the same time which only made his decision easier. He felt that Caremark offered better career prospects, as it was a new project and they were offered to work on the current technologies that were in demand in the market. Ali was sure he would excel in his new position at Caremark, just as he had done in his old job at
Once I would like to start off explaining what motivation in the workplace. Motivation is an employee 's intrinsic enthusiasm about and drive to accomplish activities related to work. Motivation is that internal drive that causes an individual to decide to take action. The five job related factors that can hinder motivation in the workplace are (1) Inadequate Job Skills, (2) Opportunity for Advancement, (3) Overwork, (4) Respect from Co-worker, and (5) Job security.
Eisenhower’s statement “Motivation is getting people to do what you want them to do because they want to do it.” (Achim, Dragolea, & Balan, 2013) Motivation is art; it is also a power that affects people actions. Indeed not every human being can motivate, but also every human being can be motivated. In performing such a process in a company; it is favorable for the company to know the possibilities and ways of reasoning that would work for each employee according to their targets and parts of interests; then the company would easily desire more and more from those whom they managed to motivate, moreover this process will always work in the benefit of both companies and employees. Motivation is one of the most important things that the human resources department in any company must show a great concern, because through motivation the company could earn more profit, gain a better reputation, and finally satisfy their own
Nowadays, organizations’ results are heavily dependent on employees’ work motivation: motivation is the key to achieve high levels of performance, it makes employees put effort into their work, be engaged and achieve results.
0 “Effectively motivating employees has long been one of management's most important and challenging duties“ ( Hartzell, n.d.) since Industrial Revolution. As time passed discussions about motivating employees became bigger and definition of motivation much clearer. In fact the exactly definition of motivation can not be objectively set up, unless the definition would count with all individual aspects which influence person. By this time many people are confused even by the meaning the world motivation. “Motivation actually describes the level of desire employees feel to perform, regardless of the level of happiness. Employees who are adequately motivated to perform will be more productive, more engaged and feel more invested in their work.”
The topic in the workplace that I have chosen to discuss is that of motivation in the workplace. Problems of motivation can cause performance issues, which cost businesses thousands of dollars each year (Nordmeyer). Low motivation delays employees from completing their work and causes many mistakes made within the workplace (Nordmeyer). The definition of motivation is the processes that account for an individual’s intensity, direction, as well as persistence of effort, towards attaining a goal (Robbins, p. 175). Motivation is a big issue for many employers when it comes to keeping their staff motivated and happy at work. When an employee is unhappy, they tend to be unmotivated. Many individuals are motivated by different things within the workplace and one deterrent can be when an employer is hostile towards their employees or has a lack of respect for employees. Another factor which may lead to unmotivated employees is when a company shows a lack of appreciation to an employee as well as gives off the attitude that the employee needs to bend over backwards for the company but the company does offer incentive to do so or understand the needs of the employee.
part by the need to earn a living and partly by human needs for job
1.1 1.2 1.3 1.4 1.5 1.6 Reason for choosing the topic Aims and objectives Company background Definition of motivation Key factors of motivation Motivation models and theories
Improving the productivity of the organization and the worker has always been the objective of any management philosophy. Of all the assets that the organization possesses, the human element can provide the most variability and therefore require the greatest attention. Employee motivation is important if any organization wishes to fully its objective of increased productivity.
Generally, in all companies and other organizations employees play an important role in their work place. Each company tries to motivate their stuff in order to improve their working process more effectively and efficiency. It is commonly believed that motivated workers add their contributecompany to be productive. We are going to point out the best two motivating ways below.
Employee motivation plays a critical role in employee performance and productivity. There are many factors that can affect this motivation, both positively and negatively. The purpose of this paper is to explain in detail the underlined factors that affect motivation and to through research provide evidence that will support my belief in how more effective employees are if they have the right motivation to perform. Also showing how motivation can increase performance as well as overall productivity of employees. These things will be key in management and the way they motivate their employees.