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Actual for You - Motivation Tools
Storm clouds are hovering in the drug research domain where Indian companies have raked in the moolah from a string of successful discoveries.Research costs are on the rise and the chances of success in discoveries are less. The time to develop new drugs has also lengthened. A few years ago, it took around two years to launch a new drug; it now takes over six after approvals and clinical trials.According to Paresh Vaish, director of the Boston Consulting Group, the cost of research is rising. The cost would be $2.3 billion in 2010 from $1.5 billion now, he said.Vaish, who analyses drug trends, said a company launched only one drug from a pipeline of eight molecules between 1995 and 2000. It is one from 13 molecules now.Like the global majors, In-3ian pharmaceutical companies are spending big on research, with some even investing around 10 per cent of their top line.Dr Reddy's Laboratories, Ranbaxy Laboratories, Sun Pharma, Lupin and many others are trying to build a pipeline of new chemical entitie
You have your restaurant open for several weeks now, customers are coming in…finally you have employees serving real food. But before you continue with your business further, be sure that you have everything else under control. It’s still important to be informed about what’s hot and what’s not and what’s important in handling a restaurant for business.It’s not only how your restaurant’s look and feel that matter, but how you make your customers happy and satisfied of their entire stay at your restaurant. When they have a good time over-all, they will surely come back and take new friends or relatives with them, and when their friends tell their friends as well, you know what’s going to happen next.Make sure that your restaurant’s atmosphere is friendly all the way through to any customers that you receive. When you have a happy disposition with your business, it reflects that same character to your customers as well. Don’t forget to tell your employees to always give a welcoming smile to whoever comes in your establishment. It’
To motivate someone, one has to find something in that person that will make that person want to do whatever the motivator asked for. Subsequently, the word motivation comes from the Latin word "movere". The movement of workers to act in a desired manner has always consumed the thoughts of managers. This is because an organization can only be successful if employees are motivated. Theories of motivation are therefore a good starting point when attempting to understand the behaviour of employees with the intention of learning how to stimulate their motivation. The objective of this essay is to draw some conclusions regarding the practical value of motivation theories to managers. In order to evaluate the importance of these theories, it is necessary to examine formal theories such as physiological theories, cognitive theories and behaviourist/social theories.
The physiological motivation theories are based on the assumption that humans have a set of natural needs and that these form the biological determinants of our behaviour. Physiological theorists such as Maslow, Hertzberg, McGregor and McClelland suggest that human beings are just reacting to their natural needs in such a way to satisfy them.
Maslow's hierarchy of needs theory is probably the most popular amongst theories of physiological motivation. It suggests that each human being has a series of innate needs. These are organized in a series of levels, starting with physiological and safety needs, followed by social needs. Higher levels needs concern the self (self- esteem, self- fulfilment or self-actualization) and they can only be fulfilled once the lower needs are satisfied. According to Maslow, people are motivated by money, status and power only at lower and middle levels of the organization. However, Maslow's theory is not based on studies of the different values people bring to wo
Why is there a business cycle? Someone once noted that people could tolerate any condition except the possibility of one. This one condition is prolong periods of prosperity. Incredible as it seems, this observation contains more than just a kernel of truth, and helps to explain where we are in our current business cycle.When the economy starts to recover from a stiff downturn, people are understandably doubtful about the tenacity of the young expansion. They hold back on their discretionary spending and their use of debt. As the upswing continues to gather force, people tend to become less risk averse. You might say that the greed factor becomes more prevalent.As the upturn ages, people become more confident and think that the expansion will last indefinitely. (This has a similar ring to peoples’ attitudes towards real estate today.) Business people take on more debt to leverage their profit margins. The consumer will also be increasing their debt burdens to finance their growing consumption habit. This increase co
The physiological motivation theories are based on the assumption that humans have a set of natural needs and that these form the biological determinants of our behaviour. Physiological theorists such as Maslow, Hertzberg, McGregor and McClelland suggest that human beings are just reacting to their natural needs in such a way to satisfy them.
Maslow's hierarchy of needs theory is probably the most popular amongst theories of physiological motivation. It suggests that each human being has a series of innate needs. These are organized in a series of levels, starting with physiological and safety needs, followed by social needs. Higher levels needs concern the self (self- esteem, self- fulfilment or self-actualization) and they can only be fulfilled once the lower needs are satisfied. According to Maslow, people are motivated by money, status and power only at lower and middle levels of the organization. However, Maslow's theory is not based on studies of the different values people bring to w
Get out all the ads you ran last year. Go ahead. Tear them out of your magazines or newspapers (if you’re lucky enough to have proof sheets, so much the better). Tear out your competitor’s ads too—as many as you can get your hands on. Next, fold the company names, addresses and logos out of view. If the company names are in the headlines block them off with paper and tape. Now tape them up to the wall, putting yours on top, your competitors’ below. Now back off, at least five feet. We’re going to gradually close in on the most effective ad in the group (hopefully one of yours).The “Eye Test” ViewFirst, and this is very important, don’t read any of them. Instead give them a quick, visual once over—what I call the “Eye Test.” Do your ads stand out? Or do they dissolve into the mush of sameness? Remember, your audience will see your ad, not in a vacuum but with dozens of competitive ads in the same or similar magazines or newspapers. If your ads stand out, you’re ahead by a length.Step in, F
The physiological motivation theories are based on the assumption that humans have a set of natural needs and that these form the biological determinants of our behaviour. Physiological theorists such as Maslow, Hertzberg, McGregor and McClelland suggest that human beings are just reacting to their natural needs in such a way to satisfy them.
Maslow's hierarchy of needs theory is probably the most popular amongst theories of physiological motivation. It suggests that each human being has a series of innate needs. These are organized in a series of levels, starting with physiological and safety needs, followed by social needs. Higher levels needs concern the self (self- esteem, self- fulfilment or self-actualization) and they can only be fulfilled once the lower needs are satisfied. According to Maslow, people are motivated by money, status and power only at lower and middle levels of the organization. However, Maslow's theory is not based on studies of the different values people bring to w
Paying taxes has always been a bothersome and time consuming work, and many people in fact dread doing this calculation in the tax paying season. Filing taxes have become so easier these days that you simply do not have to worry about anything. Meeting deadlines is one of the vital aspects of paying your taxes and tax return online is the best means that you can implement for paying your taxes on time. Anyone who has an income must pay taxes to the government. The amount of tax varies depending on the amount of income that a particular person has. To avoid any kind of hassles, you must make sure that you pay your taxes properly and in time.There are several ways through which you can pay your taxes. One source for you is to hire the services of a CPA to help you out. There are various accounting and CPA firms that have the experience of calculating taxes. All professionals working in the accounting firms are professionally qualified to calculate taxes and you can give them your tax return computation work and they will do the work effi
Maslow's hierarchy of needs theory is probably the most popular amongst theories of physiological motivation. It suggests that each human being has a series of innate needs. These are organized in a series of levels, starting with physiological and safety needs, followed by social needs. Higher levels needs concern the self (self- esteem, self- fulfilment or self-actualization) and they can only be fulfilled once the lower needs are satisfied. According to Maslow, people are motivated by money, status and power only at lower and middle levels of the organization. However, Maslow's theory is not based on studies of the different values people bring to w
In today’s capitalist world where security is one of the utmost concerns, the typical problem facing an individual is financial security. Money-related questions typically asked are: “Where can I keep my money? What is the best way to invest it and make it grow? Who can I borrow money from?” And the answer: a bank – a financial institution dealing with financial concerns.Banks are known to provide financial services, from storing assets (liquid or otherwise) to extending credit. From a bank customer’s point of view, this translates to services ranging from making deposits to asking for a loan. People are now even capable of paying their bills and most of their purchases thru different banking methods.Historically, banks have been seen as heartless and opportunistic. They were seen as vicious businesses victimizing the innocent and honest. Of course, eventually, through time, this view has drastically changed. Banks today are one of the highly-respected and successful business establishments in the country. Now that people are mo
F. W. Hertzberg and his colleagues performed a study that found that the levels of job satisfaction, motivation and productivity of workers are affected by two sets factors: dissatifiers (hygiene factors) and motivators. Dissatifiers are aspects of the job that prevent the employee from being dissatisfied (for example: working conditions, salary, and supervision). These will not motivate the employee but remove the obstacles to motivation. Motivators are aspects, such as achievement or recognition, which result in the worker being satisfied at work. Because these certain factors are essentially intrinsic, they are difficult to satisfy.
D. McGregor's theory of motivation is based on the belief that there is a direct connection between the way managers treat their workers, and worker motivation. Managers tend to have two views on employees' attitudes toward work, theory X and theory Y. Theory X assumes that the average worker dislike work and must be controlled, as opposed to theory Y which assumes that employees are interested in their work and emphasizes delegation and consultation. Although this is a good basis for providing information to managers on types of behaviour of their employees, it is common wisdom that people will be more motivated under a constructive environment rather than in a penalizing one.
The theory of motivation developed by D.C. McClelland is based on the assumption that people have three innate needs: the need for achievement (nAch: competitive success and personal excellence), the need for affiliation (nA
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