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    Role of Motivation in Buisiness

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    brunodash1455
    The document discusses the importance of motivation in business. Motivation improves performance, reduces employee turnover and absenteeism, and helps change negative attitudes. Motivation can be intrinsic, coming from within, or extrinsic, coming from external rewards. Strategies to boost motivation include recognizing employees, providing growth opportunities, fostering a positive culture, and setting clear goals.

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    Role of Motivation in Buisiness

    Uploaded by

    brunodash1455
    6 views10 pages
    The document discusses the importance of motivation in business. Motivation improves performance, reduces employee turnover and absenteeism, and helps change negative attitudes. Motivation can be intrinsic, coming from within, or extrinsic, coming from external rewards. Strategies to boost motivation include recognizing employees, providing growth opportunities, fostering a positive culture, and setting clear goals.

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    The document discusses the importance of motivation in business. Motivation improves performance, reduces employee turnover and absenteeism, and helps change negative attitudes. Motivation can be intrinsic, coming from within, or extrinsic, coming from external rewards. Strategies to boost motivation include recognizing employees, providing growth opportunities, fostering a positive culture, and setting clear goals.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    6 views10 pages

    Role of Motivation in Buisiness

    Uploaded by

    brunodash1455
    The document discusses the importance of motivation in business. Motivation improves performance, reduces employee turnover and absenteeism, and helps change negative attitudes. Motivation can be intrinsic, coming from within, or extrinsic, coming from external rewards. Strategies to boost motivation include recognizing employees, providing growth opportunities, fostering a positive culture, and setting clear goals.

    Copyright:

    © All Rights Reserved
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    Download as pdf or txt
    of 10

    Role Of Motivation

    In Buisiness

    SUBJECT

    Principles Of Management
    What is Motivation ?

    Motivation is the internal and


    external factors that stimulate
    desire and energy in people to be
    continually interested and
    committed to a job, role, or goal. It
    is the "why" behind our actions and
    behaviors.
    The Importance Of
    Motivation in Business

    Motivation is the key driving force


    behind employee productivity and
    business success. When employees are
    motivated, they are more engaged,
    creative, and dedicated to achieving
    the company's goals.
    5 Importance Of Motivation In Business
    Improves performance level
    The ability to do work and willingness to Change Negative Or Indifferent Attitudes
    do work both affect the efficiency of a Of Employees
    person. Some employees of an organisation have a
    negative attitude. They always think that doing
    Reduction In Employee Turnover more work will not bring any credit. A manager
    uses various techniques to change this attitude.
    The reputation of an organisation is affected
    by the employee turnover. Only motivation
    can save an organisation from such
    Helps To Reduce Absenteeism In the
    wastage. Oraganisation

    A manager removes all such deficiencies and


    Reduction In Resistance To Change motivates the employees. Motivated
    New changes continue taking place in the employees do not remain absent from work as
    organisation . Employees can be made to the workplace becomes a source of joy for
    accept such changes easily with the help of them.
    motivation.
    Types Of Motivation

    Intrinsic Motivation Extrinsic Motivation Balanced Approach

    Comes from within, driven by Comes from external rewards, The most effective motivation
    personal satisfaction, enjoyment, such as pay, promotions, and strategy combines both intrinsic
    and a sense of purpose. recognition. and extrinsic factors.
    Benefits of Motivated Employees

    Increased Innovation
    Higher Productivity
    Motivated employees are
    Motivated employees
    are more engaged more likely to come up
    and work harder to with creative solutions.
    achieve their goals.

    Improved Retention Better Customer Service


    Motivated 4 Motivated employees
    employees are less provide better service and
    likely to leave the enhance the customer
    organization. experience.
    Strategies to Boost Motivation in the
    Workplace

    Recognize and Reward Provide Growth Opportunities


    Implement a recognition Offer training, mentorship, and
    program to acknowledge career development
    employee achievements. opportunities.

    Foster a Positive Culture Set Clear Goals


    Cultivate a work environment that
    Establish meaningful,
    promotes collaboration,
    measurable goals and
    feedback, and work-life balance.
    provide regular feedback.
    Overcoming Challenges to
    Maintaining Motivation
    Burnout

    1
    Prevent employee burnout
    through work-life balance
    initiatives and regular breaks.

    Changing Priorities
    Adapt to changing business
    2 needs and adjust goals and
    incentives accordingly.

    Lack of Feedback

    3
    Provide regular feedback and
    recognition to keep employees
    engaged and motivated.
    Conclusion
    Motivation: The Key to
    Business Success

    Motivated employees are the backbone of any


    successful business. By understanding the importance of
    motivation, implementing effective strategies, and
    fostering a culture of engagement, organizations can
    unlock the true potential of their workforce and achieve
    long-term success.
    Thank You !

    BY -
    Khushi Chaudhary (60)

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