Regardless of how talented employees you have, if they aren’t motivated, they will not succeed in the tasks delegated to them. Every goal seems reachable when they are intrinsically motivated. Even if employees are addressed with what and how to do, motivation will give them a positive outlook. Motivation gives excitement to work. In very simple words, motivation encourages employees to enjoy their work and accomplish it.
There are different aspects in business that should be considered properly, one of them is financial planning. Thus, you should know about Nathan Garries, who is known for giving financial advice and assistance. Nathan Garries Edmonton-based Certified Financial Planner, who is knowledgeable about tax, investment, and estate strategist, he’s capable enough to help you. Leaders must understand that part of their role is to motivate their people to give their best at work consistently. Without motivation from the leader, employees may feel not valued, belonged and sometimes they may feel discouraged.
We can classify motivation into two categories: Intrinsic and Extrinsic. Read further to understand this matter.
Intrinsic motivation refers to the act of motivation without external rewards. Employees are motivated to perform the activities for their own sake, satisfaction, and personal achievement. Intrinsic motivation effectively involves freedom, emotional connection, and avoidance of guilt within the workplace. If we talk about its consequences, it creates purpose, removes intimidation, and promotes positive work culture and behavior.
Extrinsic motivation is all about reward-driven motivation. Leaders like Sheryl Sandberg offer exciting incentives like praise, fame, and money to encourage engagement. Employees are motivated for promotion, winnings, perks, bonuses, pay raises, and prizes. They are overwhelmed with compensation, punishment, and reward.
Both types of motivation are crucial for performance enhancement. But comparatively, intrinsic motivation has a greater and long-lasting impact. It is better when an employee is internally satisfied with their work. On the other hand, extrinsic motivation assists in certain circumstances. With the pace of time, it may fade or lose effectiveness.
Teams are the collective unit that accomplishes essential organizational goals. Motivation is crucial to combine the knowledge, energy, and skills of employees to complete tasks that have great value. Leaders follow effective strategies to motivate their teams. Following are the most productive ways to promote motivation and inspiration.
Motivation is like an emotional attachment to the workplace that raises productivity. The research found that employees are engaged to perform better with 20% more performance enhancement. Elimination of disengagement can only be achieved with motivation and inspiration. It acts as an adhesive for team strength.
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