Mgmt 1120: Introduction To Business

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Term Paper For MGMT 1120: Introduction to Business Motivation Techniques Kenneth L. Gardner September 27, 2012 If you could ask some of the top companies of the world like BMW, Sony, Apple, and Microsoft, what make them successful? According to Dave Poon, they would tell you employee motivation is one of the major factors that contribute to a company's success. Without proper motivation, an employee will go through his tasks without trying to "think big", or going out of his way to help the company grow and improve. It is important for the upper management to know exactly what makes their staff motivated. There are various motivational techniques. The book Foundations of Business states the most popular techniques are empowerment and ownership. Employee empowerment is a strategy and philosophy that enables employees to make decisions about their jobs. It gives employees a voice.…show more content…
Motivating employees is one of the steps to have a successful company. If organizations use the motivational techniques: employee empowerment and employee ownership, employees may help the company grow and improve. According to Sam Walton, if you appreciate everything your associates do for the business. Nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. They're absolutely free and worth a fortune. Reference Poon, Dave., (October 2006). Staff Motivation: Your Key to Company Success. Ezine Articles. Retrieved September 27, 2012, from http://ezinearticles.com/?Staff-Motivation:-Your-Key-to-Company-Success&id=340422 Pride, W.H., Hughes, R.J., Kapoor, J.R., Foundation of Business (3rd Ed.). Mason, Ohio: South-Western. What Are the Definitions of Employee Ownership and Employee Buyout? Retrieved September 27, 2012, from
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