Thursday, February 27, 2020

Nanyang Technology University and Management theories Essay

Nanyang Technology University and Management theories - Essay Example As to Bedeian (1993), the Hawthorne Studies developed an onset focus on how the employees can be motivated through the approaches used by the management in human relationship. After Hawthorne Studies, a lot of related studies had been conducted by many researches that tried to explain how people from the organization can be best motivated and why motivation of employees is needed (Terpstra, 1979). According to Smith (1994), people from the organization must be motivated for survival; since, employees help the organization to survive. It comes to the point wherein managers like me must understand the need of the people in the organization to ensure that the employees are well-motivated. However, according to Bowen & Radhakrishna (1991), motivating the employees can be the most complex among the many functions of the managers, as people differences occur and needs and interests among individuals in the organization greatly exist. Comparing the needs of younger people and those that grow old in the organization, the younger people tend to be well-motivated with remuneration increases than that of the older ones. As people grows older, challenges in work beco mes more of a motivator than money per se (Kovach, 1987). However, when the managers learn the skills needed in motivating people in the organization, the benefits in the organization can be fully achieved. According to Cranfield School of Management 'Leading and motivating the [your] staff helps bring about' (2008, n.p.): Higher staff retention - A well-motivated person in the organization will not intend to leave the organization as they achieve satisfactions on the organization itself. This in return leads to the reduction of recruitment costs. Management must bear in mind that a person lost in the organization is a skill and time lost of the organization. Higher levels of productivity- The organization benefits from well-motivated people as the people level of productivity is increased. The saying goes that people whose needs and integrity are uplifted work harder than those who are less motivated. More innovation and creativity- People in the organization who are well-motivated to work due to a better understanding of their needs and interests led them to accept better changes and guide them to be more innovative and creative. Higher profits- This is a by-product of increase in production and more innovative and creative people in the organization. A better reputation - A well-established organization brought about by well-motivated people create a better reputation in the industry and trust is built from the points of view of the business world. Understanding the Management Theories In order to fully understand people, the management must understand the different theories behind managing people in the organization. These theories may guide the management to the implementation of the organizations missions and visions in accordance to their programs; as well as these theories may help them to fully evaluate the organization's strengths and weaknesses in terms people management. As I have studied the different th

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