Can money buy happiness? Explain. Yes, it can……. Well, kind of.

Slides:



Advertisements
Similar presentations
Employee Involvement Employee Involvement is one approach to improving quality and productivity. Motivation:- By Needs, Desire, Monetary Benefits, Incentives,
Advertisements

MOTIVATION A set of processes concerned with the force that energize behaviour and directs it towards attaining some goal. It is the need that leads to.
11 Motivating Employees This may sound soft and mushy, but happy people are better for business. They are more creative and productive, they build environments.
Motivation and Empowerment
Principles of Management Learning Session # 34 Dr. A. Rashid Kausar.
Motivation and Empowerment
Motivation 1.  Motivation ◦ The processes that account for an individual’s willingness to exert high levels of effort to reach organizational goals,
Chapter 13, Stephen P. Robbins, Mary Coulter, and Nancy Langton, Management, Ninth Canadian Edition Copyright © 2009 Pearson Education Canada 13-6 Early.
Motivating Your Employees
Chapter 10 Motivation Motivation and individual needs
Examples of “Classic” Theories of Work Motivation (Mobilization?) Needs theories Maslow’s hierarchy of needs Herzberg’s two factor theory Aldefer’s ERG.
P O L C A Leading.
6-1 McGraw-Hill/Irwin Human Relations, 3/e © 2007 The McGraw-Hill Companies, Inc. All rights reserved.
* * Chapter Ten Motivating Employees McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
MOTIVATION. People are needing animals. “Motivation should be identify people needs.”
Chapter 8 Motivation Through Needs, Job Design & Intrinsic Rewards What Does Motivation What Does Motivation Involve? Involve? Need Theories of Need Theories.
Motivational Theory. Describe Maslow’s theory & other theories related to management. How these theories applicable in managing people/nurses. Why you.
Motivating Self and Others
Understanding Management First Canadian Edition Slides prepared by Janice Edwards College of the Rockies Copyright © 2009 Nelson Education Ltd.
Motivation Across Cultures
How Does Motivation Work?
Irwin/McGraw-Hill©The McGraw-Hill Companies, Inc., 2000 Mgt CHAPTER 13 MOTIVATION ACROSS CULTURES.
Developed by Stephen M.PetersHarcourt, Inc. items and derived items copyright © 2001 by Harcourt, Inc. hapter Motivation in Organizations Harcourt, Inc.
McGraw-Hill/Irwin Understanding Business, 7/e © 2005 The McGraw-Hill Companies, Inc., All Rights Reserved NickelsMcHughMcHugh And Chris Nickels.
McGraw-Hill/ Irwin © 2002 by The McGraw-Hill Companies, Inc. All Rights Reserved CHAPTER TEN Motivating Employees & Building Self- Managed Teams.
Chapter No: 09 Chapter Name: Motivation
Motivation.
SYED AZHAR SHAH Registration # 9667 SAFIA YAMANI Registration # 9922.
Extrinsic Extrinsic Instrinsic Instrinsic. Types of Rewards Extrinsic Extrinsic Instrinsic Instrinsic.
Part IV: Managing Employees Introduction to Business 3e 10 Copyright © 2004 South-Western. All rights reserved. Motivating Employees.
MOTIVATION. INTRODUCTION Motivation is the desire that workers possess to complete a task Example: It is motivation that determines whether a laborer.
Frederick Herzberg
Unit 2 – Chapter 9 (Maslow and Mayo)
Chapter 5 DIRECTING By :Nasser A. Kadasah. Chapter 5 will cover: 5.1 Supervision and Leadership 5.7 Need Theories.
McGraw-Hill/ Irwin © 2002 by The McGraw-Hill Companies, Inc. All Rights Reserved Motivating Employees & Building Self- Managed Teams.
1-1 Chapter IV – Motivation Objectives: I.Definition of Motivation II.Types of Motivation III.The basic motivation frameworks IV.Theory of Motivation rrrtsss.
Motivation Leslie Radford. Prentice Hall, 2001Chapter 62 What Is Motivation? Direction Persistence Intensity.
Jennifer BeckettChapters 10 & 11 Dave Gomez Mark Crane Mike Turner Sarah Oakley.
MOTIVATION Define and explain motivation
Management of Human resources HOW TO MOTIVATE YOUR EMPLOYEES.
Behavior Activity Profile
CSSE Oct.2008 Motivation and communication Chapter 9, pages ,
+ Understanding Canadian Business Chapter 11 Motivating Employees.
Chapter 1 Theories of Growth and Development
Chapter ©2011 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or.
Motivation Motivation Theories. Lesson Objectives  In this lesson we will  Consider motivation other than from a financial viewpoint  Look at the motivation.
1 Chapter 2 Fundamentals of Motivation. 2 Learning Objectives Describe the two sides of motivation: movement and motive. Identify the five basic needs.
Transparency Masters to accompany Heizer/Render – Principles of Operations Management, 5e, and Operations Management, 7e © 2004 by Prentice Hall, Inc.,
Construction Leadership The Basics – Part 4 Motivation.
Unit-5 Employee motivation Presented by N.Vigneshwari.
1 Employee Involvement Employee Involvement is one approach to improving quality and productivity. Motivation:- By Needs, Desire, Monetary Benefits, Incentives,
Maslow's hierarchy of needs
MOTIVATION.
MOTIVATION One of the most important factors affecting
Do Now: Write down 5 things that you’ve purchased in the last week.
Human Relation and Motivation
MOTIVATION Dr. M. Thenmozhi Professor Department of Management Studies Indian Institute of Technology Madras Chennai
11 Motivating Employees In business, willingness is just as important as ability. —Paul G. Hoffman.
Comparing Among Content Theories
Motivating Employees Nickels 6e/Copyright © 2007 McGraw-Hill Ryerson.
Motivation and Empowerment
6 MOTIVATION: INCREASING PRODUCTIVITY.
Motivation and Empowerment
Motivation and Empowerment
Understanding Motivation
Implementing and Controlling
Definition Motivation is a process that accounts for an individual’s intensity, direction and persistence of efforts towards attaining a goal. Stephen.
Motivation and Empowerment
Motivation II: Intrinsic Motivation
Presentation transcript:

Can money buy happiness? Explain

Yes, it can……. Well, kind of

What do the experts say?

Money can increase happiness up to a point. Once that point is reached, money has little to no effect on ones happiness

“The story of the human race is the story of men and women selling themselves short.” Abraham Maslow

“What is necessary to change a person is to change his awareness of himself.”

Maslow’s Hierarchy of Needs

Sel f- act ual iza tio n Esteem needs Social needsSafety needsBasic

Maslow’s Hierarchy of Needs Self-actualization Esteem needs Social needs Safety Basic

Maslow’s Hierarchy of Needs Self-actualization Esteem needs Love/Belonging Safety Basic

Maslow’s Hierarchy of Needs Self-actualiation Esteem Love/Belonging Safety Basic

Maslow’s Hierarchy of Needs Self- actualization Esteem Love/Belonging Safety Basic

Self-actualization needs “Growth needs” Do What You Were Born to Do Discover Create Solve Beauty Learn!!

From Maslow... "What a man can be, he must be. This need we may call self-actualization…It refers to the desire for self-fulfillment, namely, to the tendency for him to become actualized in what he is potentially. This tendency might be phrased as the desire to become more and more what one is, to become everything that one is capable of becoming."

Tendencies of self-actualizing people Awareness Creative Honest Original/Authentic Acceptance Objective Appreciate Life

Herzberg's Motivation-Hygiene Theory Dissatisfies Hygiene Factors policy relationship with supervisor work conditions Salary Security relationship with subordinates Satisfiers Motivators achievement recognition work itself responsibility advancement

© 2002 by The McGraw- Hill Companies, Inc. All Rights Reserved Job-Oriented Motivational Techniques  Job Enrichment/Redesign Skill Variety Task Identity/Significance Autonomy Feedback  Job Simplification  Job Enlargement  Job Rotation