BM4118 Management Contexts

The meaning of motivation is the influence for people to embrace a particular action in desire to others and the continuation of a chosen action over a prolonged period. The common characteristics which underlie the factors of motivation that is unique to a individual person and their performance is a product of both ability level and motivation People's engagement is influenced by expectations categorised in a number of ways – for example the three-fold classification that entails economic rewards, Intrinsic satisfaction and Social relationships or The twelve human needs or higher set of motivational needs. Economic rewards contain pay, benefits, pension, material goods and security. Intrinsic satisfaction derive from the nature of the work itself, interest in the job, personal growth and development. Social relationships consist of friendships, group working, the desire for affiliation, status and dependency. The twelve human needs are family, well-being, occupation,

Key performance indicators are used to try and motivate those within lower level jobs- especially within the retail industry * Although widely used, studies have found found that implementing KPIs made little or no difference at all to performance. This is mainly due to the fact that the management misunderstood the issues surrounding poor performance and therefore put too much pressure on workers * It is also thought that the implementation of KPIs stunts motivation due to poor management and unrealistic timelines/goals *  There should be a predetermined timeline of goals for each project week. Parmenter suggests a 16 week timeline

https://magesoapbox.blogspot.com/2013/08/humor-dilbert-on-motivation-2.html

LINK: https://www.apa.org/science/about/psa/2018/06/motivation The article focuses on motivation within education however some areas of the discussion can be applied to a management context. Key points: Rewards (eg money) increase motivation on task was the individual is not intrinsically motivated but rewards decrease motivation and performance when the individual is initially interested. Competition, on average, only produces a slight increase in performance. Individuals underestimate how motivated they will be during a task when asked before starting the task. New studies suggest that motivation may be contagious. Summary: - the most relevant sections are highlighted in orange - analysis is in blue - red is copy and pasted Types of motivation in learning Learners usually have either a goal of "mastery"; to "master the material and develop thier competency" or a "performance goal"; "to perform well in comparison to others&q

LINK:  https://www.toolshero.com/management/14-principles-of-management/ Ed is still working on this Rule 7: Remuneration Fayol writes that motivation and productivity are closely related and that employees should be

Essential Questions  (must be answered during the assignment) What is the definition (within the context of the portfolio) of "motivation", "engagement", "performance" and "outputs"? How is motivation measured - is the only way through performance and outputs (does any other metrics matter to an organisation)? What factors/theories/methods have been used to increase/analyse motivation and engagement by various thinkers/studies?  (Exploring/discussing/analysing this will be the bulk of the first part of our portfolio) How do various thinkers, schools of management theory and studies view the importance of motivation and engagement? How do motivation and engagement relate to performance and outcomes? How are performance and output measured? What factors/theories/methods have been used to increase/analyse performance and output by various thinkers/studies?  How do real-life organisations motivate and engage (and measure performance and

1. TITLE & AUTHOR: ‘General and Industrial Management’ (1916) by Henri Fayol READER & PROGRESS: Ed - SUMMARISED DESCRIPTION: Fayol was a classical management theorist (1841-1925), he created a list of  14 Principles of Management, so of these rules relate to motivational, outputs, etc . LINK: https://www.toolshero.com/management/14-principles-of-management/ 2. TITLE & AUTHOR: The science of motivation - By Kou Murayama, PhD READER & PROGRESS: Ed  -  IN PROGRESS DESCRIPTION: Article is a brief overview of the science behind motivation, it is not specific to the work place. LINK: https://www.apa.org/science/about/psa/2018/06/motivation 3. TITLE & AUTHOR:Murayama, K., Matsumoto, M., Izuma, K., Sugiura, A., Ryan, R.M., Deci, E.L., & Matsumoto, K. (2015). How self-determined choice facilitates performance: A key role of the ventromedial prefrontal cortex . Cerebral Cortex, 25(5), 1241-1251. READER & PROGRESS: DESCRIPTION: LINK:

BM4118 Assessment 1 Brief:. Portfolio -  1500 words standard submission.  Weighting: 60% What is an academic 'business' portfolio?  An academic portfolio is an organised, and selective collection of documents that illustrate what you've accomplished in terms of research and /or professional evidence. The three major areas of academic work you’ll want to address in your academic portfolio include: Scholarship and research Professional documentation / evidence (material etc) Service activities (your contributions to the activity/task - discipline) Your portfolio may look different from your colleagues. It’s also likely that you’ll emphasise some areas over others , depending on the purpose for creating the portfolio (i.e. which topic/task chosen). An effective portfolio includes both  documentation and reflection.  Document Your Research, Scholarship or Creative Activities. Our chosen topic is: A:   The role of internal management and leadership; 1. T