Employees’ performance has been established to be directly related to employees’ motivation. Employees are parts of the human resources, the most important factor of any organisation. Employees’ successful motivation will add value to the organisation. Employees are the building blocks of an organization. Organizational success depends on the collective efforts of the employees. The employees …
Modern Theories of Motivation We all are familiar with the classical theories of motivation, but they all are not empirically supported. As far as contemporary theories of motivation are concerned, all are well supported with evidences. Some of the contemporary / modern theories of motivation are explained below: ERG Theory McClelland’s Theory of Needs Goal …
What is Motivation Motivation is the word derived from the word ’motive’ which means needs, desires, wants or drives within the individuals. It is the process of stimulating people to actions to accomplish the goals. In the work goal context the psychological factors stimulating the people’s behaviour can be – desire for money success recognition …
Leadership is the process of channelizing the energy of an individual or a group towards the realisation of specific goals, objectives and vision. Over the decades, many great scholars, researchers and academicians have conducted various research and studies to discover the factors that contribute to effective leadership. In this process, the following theories of leadership have …
Meaning: Leadership is an important element of the directing function of management. Wherever, there is an organized group of people working towards a common goal, some type of leadership becomes essential. “Leadership is not defined by the exercise of power but by the capacity to increase the sense of power among those led,” Marry Parker Follet …
Directing (Leading) Directing as a managerial function, deals with guiding and instructing people to do the work in the right manner. Directing/leading is the responsibility of managers at all levels. They have to work as leaders of their subordinates. Clear plans and sound organisation set the stage but it requires a manager to direct and …
Management Process- Directing & Controlling; Role of Management Read More »
Organising Organising is next to planning. It means to bring the resources (men, materials, machines, etc.) together and use them properly for achieving the objectives. Organisation is a process as well as it is a structure. Organising means arranging ways and means for the execution of a business plan. It provides suitable administrative structure and …
Scope Although it is difficult to precisely define the scope of management, yet the following areas are included in it: 1. Subject-Matter of Management: Planning, organizing, directing, coordinating and controlling are the activities included in the subject matter of management. 2. Functional Areas of Management: These include: Financial Management includes accounting, budgetary control, quality control, financial planning and managing the …
Management is the process of administering and controlling the affairs of the organization, irrespective of its nature, type, structure and size. It is an act of creating and maintaining such a business environment wherein the members of the organization can work together, and achieve business objectives efficiently and effectively. Management acts as a guide to a group of people …
