What is the overall importance of motivation as it relates to management, and what are the benefits of having a fully motivated staff?
A major part of effective management to promote motivation and build morale in the workplace requires a manager with excellent leadership skills. An effective leader should demonstrate management skills. If you are to manage change effectively, you need to be aware that there are many areas where leadership is important, to ensure that all the necessary functions are being properly exercised, and to pull everything together, so that the team truly functions as a unit.
It is also critical for leaders to offer hope that the organization is working towards being better, by solving problems and improving the quality of work life. Since managers are usually accountable for the performance of the unit, they need to deal with the ongoing loss of productivity that can result from poorly managed change, not to mention the potential impact on your employee’ morale and motivation. Many individuals with high achievement needs are usually interested in how well they do personally and not in influencing others to do well. On the other hand, the best managers are high in their needs for power and low in their needs for affiliation. Management has a role in creating a culture of accountability.
For management to positively promote motivation among employees, it is important to raise employees’ morals through trust, communication, shared vision, incentives, enthusiasm, task sharing-helping -completion, etc. that will in turn raise the organization productivity and standards, and decrease employee rate turnover.
Although the simple extrinsic reward of a paycheck usually is sufficient to motivate workers to show up, put in the required hours, and do the minimum necessary to hold their jobs, a manager who wants to be successful needs to do a good job of creative extrinsic and intrinsic motivation to get optimal performance. Intrinsic rewards, such as giving employees autonomy, listening to their suggestions, etc. will get people to perform at their best and often contribute far more to the company than just routine performance of their jobs. Also, especially in industries where skilled workers are in short supply or where the creativity of top employees has a significant effect on the bottom line, employee motivation is linked to better retention rates, which also affect profitability.