Research Paper: Evaluation of the Best Motivational Theories in Modern Times

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Research Paper Outline:

Evaluation of the Best Motivational Theories in Modern Times

Introduction

Motivation and job satisfaction are two crucial organizational aspect that every company and human resource management should put into consideration. It is envisaged that motivated employees are likely to be more satisfied and hence perform better than those employees who are less motivated.

Problem statement

Despite the fact that motivation is positively correlated to the job satisfaction and positive performance, most of the managers and entrepreneurs do not know which motivational strategy to employ. It is because of this that this research paper sets to explore the best motivational strategy that is bound to yield optimum job satisfaction and performance.

Justification for the study

Determining the best motivational strategy is crucial to the managers in the modern times because the rate of competitor is significantly high. It is also apparent that the needs of employees have changed significantly and the traditional motivational methods are no longer effective.

Thesis statement

The paper will be based on the thesis statement that the modern dynamic society presents new needs that makes the traditional motivational strategies less viable and ineffective and hence there is need of new motivational approaches.

Methodological approach

The paper will achieve the objective by reviewing the existing sources related to the motivational strategies available. A number of the motivational approaches that shall be considered. The first theory is Maslow hierarchy of needs approach (Montana & Charnov, 2008). The second theory is McClelland achievement and acquired needs approach (Daft & Lane, 2008). The third theory is Stacey Adams equity approach (Tavana, 2014). The fourth theory is the theory of Hertzberg hygiene factors and motivators approach (Lucey, 2004). The fifth theory that will be considered is Vroom expectancy motivation approach.

References

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Montana, P. J., & Charnov, B. H. (2008). Management. Hauppauge, NY: Barron's Educational Series.

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Daft, R. L., & Lane, P. G. (2008). The leadership experience. Mason, OH: Thomson/South-Western.

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Tavana, M. (2014). Analytical approaches to strategic decision-making: Interdisciplinary considerations. Hershey, PA: Business Science Reference

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Lucey, T. (2004). Management information systems. London: Thomson Learning.

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Weihrich, H., Koontz, H., & Cannice, M. (2013). Management: A global, innovative, and entrepreneurial perspective. New Delhi: McGraw Hill Education (India) Private Limited, Delhi: SDR Printers

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