Motivation in a Small Enterprise

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Motivation in a Small Enterprise ________________________________________________________________________ INTRODUCTION Employees play a vital role in the success or failure of an organization's plans and strategies. They are considered as one of the most important organizational assets; along with financial, informational, and physical resources (Samson & Daft 2011). Therefore, every small and large organization needs to manage this important resource in order to succeed in the marketplace (Griffin 2012). In a view to achieve their corporate wide objectives in an effective and efficient way, organizations need to ensure that their employees are effectively motivated through their human resource management policies; like compensation plans, working environment, organizational culture, performance appraisal, labor relations, etc (Luthans 2008). Employee motivation is crucial to get the work done through employees in the most efficient and well-organized way (Robbins & Coulter 2006). The literature is full of research studies, theories, approaches, and models that explain the importance of employee motivation and find its implications in the business world (Guest, D.E. 2011; Lengnick-Hall, Lengnick-Hall, Andrade, & Drake 2009; Armstrong 2007). This paper explains how employees can be motivated using Maslow's Hierarchy of Needs theory by applying each of its steps to the motivational practices of a small IT company, Innosoft Technologies. It also highlights and explains the
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