Assignment 1 MGMT

Over the last couple of weeks, we have read about accounting and decision making. We are going to apply these concepts to your idea from week 2. Provide a cost/benefit analysis for your idea. Make sure to mention any sunk or opportunity costs involved in the implementation of this program as well as the long-term increase in projected profitability. You are permitted to use fictional numbers as far as costs go, but you should provide research to support any opportunity costs or projected profitability. You can find industry averages for various program costs and projected benefits.

This does not need to be written as a formal research paper, but all research provided does need to be cited in APA format. You may write in the first person because you are presenting your own ideas. You do not need to provide an abstract, but you do need an APA formatted title page and reference page. Your paper should be a minimum of 2 pages (approx. 700 words) not including the title and reference.

Don't use plagiarized sources. Get Your Custom Essay on
Assignment 1 MGMT
Just from $13/Page
Order Essay

IMPORTANCE OF MOTIVATING EMPLOYEES 4

Importance of Motivating Employees

Author’s Name:

Institutional Affiliation

Course Name:

Professor’s Name:

Date:

Importance of Motivating Employees

Motivation is a vital tool needed for an organization to attain its goal while the employees feeling appreciated and part of the vital process of attaining the vision and mission of the firm. Motivation refers to the inducement and incitement of the employees by the management of any organization so that they can act or move in a desired direction (Varma, 2019). Most managers induce motivation in an organization to ensure that attain predetermined goals. According to scholar, the concept of motivation revolves around three key aspects, which entails the motive, motivation and motivator. Motive explains the state of employee’s mind that plays a key role in controlling behavior towards attaining desired outcomes. Scholars identify that motive will in most cases related to employee’s needs. Subsequently, researchers explain that motivation is the process in which the managers stimulate actions that correspond to the identified worker’s needs (Shoraj & Llaci, 2015). Through utilizing the identified motive of each employee, the organization is able to initiate the motivation process hence ensuring that employee move in the same direction. Through the motivator, the organization management is able to attain the immediate needs of workers. The paper will focus on the various techniques vital in increasing motivation in the company.

One of the key ways that I will utilize to motivate employees is through creating a mission-driven organization. Employees in any given organization work in accordance to the support attained from the CEO and management team. Through inspiring purpose in the employees, the goals and missions of the firm will be clear. According to Lee. & Raschke, (2018), the best way to create a mission driven organization is by making the goal and values clear from the top to the bottom of the company. Employees need to understand that they play a vital role in steering the company into attaining its mission. Involving the employees from the top to the bottom ensures that all the people realize the work each one ought to accomplish to stir the firm to success. The second technique that I will utilize in enforcing motivation amongst the employees is through fostering career development and personal growth within employees. Varma, (2019) argues that it is not enough to make the mission and values of the firm clear to workers to attain optimum motivation. Employees ought to feel that the organization looks out for their personal interests and goals. The management ought to conduct a questionnaire for each employee to discover interests and needs. Varma, (2019) identifies that modern organizations ought to provide tailored motivations to employees in response to the interests and needs. For instance, offering training to employees that want to further education in specific areas. Management teams in organizations ought to offer such specific motivations through finding out the interest of employees and proving it.

The third technique that I will utilize to motivate employees in the organization is through using the award recognition for individual workers. The management team will have the responsibility of identifying both team and individual efforts attained privately and publicly. The management ought not to wait for huge project to reward team player and individual employees (Varma, 2019). The company ought to reward employees on a regular basis to uphold the good performance. I will ensure that I hold regular surprise celebrations for workers and teams that perform well each month. For instance, I would buy lunch and offer dinner outs for employees that perform better each week. Employees ought to know that the management have the knowledge of their effort and input in order to reward them on weekly basis.

Motivation is not only vital for the employees but also benefits the organization in various ways. One crucial role that motivation plays for the organization is the ability to increase productivity (Shoraj & Llaci, 2015). Through motivation, the management team meets all the needs of the employees, which in return establishes the drive for employees to deliver at the height of their ability. Employees that work in a supportive environment will work with enthusiasm in meeting the goals of a firm (Lee & Raschke, 2018). Furthermore, motivation helps the organization attain its goal in a shorter period. Since employees know that once they attain their work within a certain period they will receive awards, they tend to put in the work to receive fringe benefits. In so doing, the organization will have the ability to attain its goal within a very short duration hence becoming successful. Motivation also helps the firm in ensuring that the labor force is consistent since it reduces employee’s turnover rates. Once employees know that an organization will cater for their customized needs and preferences, they will prefer to stay at the same firm rather than seek employment elsewhere (Varma, 2019). Employees will choose to remain in the same company and receive promotions rather than go to another company that will not take care of them. Satisfied employees means high rates of task completion.

References

Lee, T. M. & Raschke, L. R. (2018). Understanding employee motivation and organizational
performance: Arguments for a set-theoretic approach. Journal of Innovation &
Knowledge (1)3, Pages 162-169

Shoraj, D., & Llaci, S. (2015). Motivation and Its Impact on Organizational Effectiveness in
Albanian Businesses. SAGE Open. https://doi.org/10.1177/2158244015582229

11

Varma, C. (2019). Importance of Employee Motivation & Job Satisfaction for Organizational
Performance. International Journal of Social Science & Interdisciplinary
Research, 6
(2), pp. 10-20

What Will You Get?

We provide professional writing services to help you score straight A’s by submitting custom written assignments that mirror your guidelines.

Premium Quality

Get result-oriented writing and never worry about grades anymore. We follow the highest quality standards to make sure that you get perfect assignments.

Experienced Writers

Our writers have experience in dealing with papers of every educational level. You can surely rely on the expertise of our qualified professionals.

On-Time Delivery

Your deadline is our threshold for success and we take it very seriously. We make sure you receive your papers before your predefined time.

24/7 Customer Support

Someone from our customer support team is always here to respond to your questions. So, hit us up if you have got any ambiguity or concern.

Complete Confidentiality

Sit back and relax while we help you out with writing your papers. We have an ultimate policy for keeping your personal and order-related details a secret.

Authentic Sources

We assure you that your document will be thoroughly checked for plagiarism and grammatical errors as we use highly authentic and licit sources.

Moneyback Guarantee

Still reluctant about placing an order? Our 100% Moneyback Guarantee backs you up on rare occasions where you aren’t satisfied with the writing.

Order Tracking

You don’t have to wait for an update for hours; you can track the progress of your order any time you want. We share the status after each step.

image

Areas of Expertise

Although you can leverage our expertise for any writing task, we have a knack for creating flawless papers for the following document types.

Areas of Expertise

Although you can leverage our expertise for any writing task, we have a knack for creating flawless papers for the following document types.

image

Trusted Partner of 9650+ Students for Writing

From brainstorming your paper's outline to perfecting its grammar, we perform every step carefully to make your paper worthy of A grade.

Preferred Writer

Hire your preferred writer anytime. Simply specify if you want your preferred expert to write your paper and we’ll make that happen.

Grammar Check Report

Get an elaborate and authentic grammar check report with your work to have the grammar goodness sealed in your document.

One Page Summary

You can purchase this feature if you want our writers to sum up your paper in the form of a concise and well-articulated summary.

Plagiarism Report

You don’t have to worry about plagiarism anymore. Get a plagiarism report to certify the uniqueness of your work.

Free Features $66FREE

  • Most Qualified Writer $10FREE
  • Plagiarism Scan Report $10FREE
  • Unlimited Revisions $08FREE
  • Paper Formatting $05FREE
  • Cover Page $05FREE
  • Referencing & Bibliography $10FREE
  • Dedicated User Area $08FREE
  • 24/7 Order Tracking $05FREE
  • Periodic Email Alerts $05FREE
image

Our Services

Join us for the best experience while seeking writing assistance in your college life. A good grade is all you need to boost up your academic excellence and we are all about it.

  • On-time Delivery
  • 24/7 Order Tracking
  • Access to Authentic Sources
Academic Writing

We create perfect papers according to the guidelines.

Professional Editing

We seamlessly edit out errors from your papers.

Thorough Proofreading

We thoroughly read your final draft to identify errors.

image

Delegate Your Challenging Writing Tasks to Experienced Professionals

Work with ultimate peace of mind because we ensure that your academic work is our responsibility and your grades are a top concern for us!

Check Out Our Sample Work

Dedication. Quality. Commitment. Punctuality

Categories
All samples
Essay (any type)
Essay (any type)
The Value of a Nursing Degree
Undergrad. (yrs 3-4)
Nursing
2
View this sample

It May Not Be Much, but It’s Honest Work!

Here is what we have achieved so far. These numbers are evidence that we go the extra mile to make your college journey successful.

0+

Happy Clients

0+

Words Written This Week

0+

Ongoing Orders

0%

Customer Satisfaction Rate
image

Process as Fine as Brewed Coffee

We have the most intuitive and minimalistic process so that you can easily place an order. Just follow a few steps to unlock success.

See How We Helped 9000+ Students Achieve Success

image

We Analyze Your Problem and Offer Customized Writing

We understand your guidelines first before delivering any writing service. You can discuss your writing needs and we will have them evaluated by our dedicated team.

  • Clear elicitation of your requirements.
  • Customized writing as per your needs.

We Mirror Your Guidelines to Deliver Quality Services

We write your papers in a standardized way. We complete your work in such a way that it turns out to be a perfect description of your guidelines.

  • Proactive analysis of your writing.
  • Active communication to understand requirements.
image
image

We Handle Your Writing Tasks to Ensure Excellent Grades

We promise you excellent grades and academic excellence that you always longed for. Our writers stay in touch with you via email.

  • Thorough research and analysis for every order.
  • Deliverance of reliable writing service to improve your grades.
Place an Order Start Chat Now
image

Order your essay today and save 30% with the discount code Happy