Wednesday, June 12, 2019

Critically evaluate how the recession has affected Natwest's Essay

Critically evaluate how the recession has affected Natwests motivational methods - Essay ExampleMotivation theories such as Maslows hierarchy of needs, Herzbergs dichotomy of hygiene factors and motivating factors, McGregors theory X and theory Y people, Edgar Scheins assumptions based approach, Tailors scientific management approach, Elton Mayos theory, Adams equity theory and Vrooms expectancy theory have been in used for long time. These models propose component part under which employees will be internally motivated to do their tasks effectively according to Hackman and Oldham (1976). However practical situations in the organizational setting can be an admixture of some or all of these theories. There was a time when employees were assumed as only another input into the process of manufacturing of goods and services. According to Lindner (1998) what in all likelihood changed this notion was research, known as the Hawthorne Studies, performed by Elton Mayo in between 1924 to 193 2.Maslow (1998) used a pyramidal hierarchical structure to depict the needs of employees at the work place. According to him self-actualization occupies the top-most rung in the hierarchy of needs. Secondly self-esteem needs take as of importance. Thirdly needs of love and affection come and fourthly safety related needs be of importance to the employee. Finally at the base of the pyramid there are those physiological needs.Individual employees who are more likely to need self-actualization benefits would display some individual characteristics. For example acceptance and realism are associated with such employees. This is due to the fact that such employees regard themselves as more realistic and accordingly adjust themselves to the work environment with a degree of ease. Secondly their problem solving behavior endears them to many higher(prenominal) officials outside their own work environment. Their motivation basically comes from a

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