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More handpicked essays just for you.
The impact of employee motivation on organizational performance
Strength and weakness of employee motivation
The impact of employee motivation on organizational performance
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Challenges of the Entrepreneurs and their Solutions Being an entrepreneur is not an easy task because someone is faced with numerous challenges. Although, it is much challenging many individual have preferred quitting their jobs to engage in business as it is well rewarding than the full-time job. The various challenges that entrepreneurs face can be categorized as following. Planning Planning starts even before one becomes an entrepreneur as one as to make the decision of which business to start, and plan how it will be run after quitting his/her current job.One should plan the kind of product or service that one will be producing as the customer will be much satisfied with products that are of high quality.The entrepreneur should make plans that will ensure that the kinds of products they produce are of high quality to remain competitive in today’s market. One should have plans of where to get their finances as one always faces a major problem when …show more content…
The leaders are supposed to be the heart of the firm, and they must inspire the junior employees to work together for acommon aim. They should console, encourage, and work together with persons to keep them united and eager to drive the business onward. They are faced with challenges of keeping these individuals motivated. They have to come up with directions and communicate them to everyone whether they are listening or not, ensuring the business continues forward even when things are tough in the business world. The main challenges of leading are; one, the leaders have to come up with aclear vision that is achievable within a given period. They have to know the available resources that can enable the business to thrive to reach the set vision.Second, they leader should have that need aura and charisma while communicating that vision for the
Leadership can be defined as the ability of a superior to influence the behavior of a minor or group and persuade them to follow a particular course of action. A leader sets a course of action and ensures that everyone follows the action. Leading can apply to leading oneself, other individuals, groups, organizations and societies. The nature of how leading is done depends on the framework of the situation, one's point of view, and on the nature and needs of those involved. While leadership is learned, the skills and knowledge processed by the leader are influenced by their traits, such as beliefs, values, ethics, and most importantly character.
The world is filled with many ambitious people looking to make a product to help the world and make a living for themselves and their families. These people are known as entrepreneurs. An entrepreneur is someone who organizes and operates a business or businesses while running the risk of losing everything to make money. One might ask why there is a risk ...
A form of guidance in necessary to illustrate the direction that an organization, community, or society desires to move toward, therefore the approach of leadership becomes very important. In order to strive, define and achieve goals leadership inspires a sense of purpose and passion to the effort that the association undertakes (Russell Consulting, Inc., 2011). If a solid foundation of leadership is not applied the objectives, goals, customer service, quality, and, productivity will be lost and result in inadequacy for the corporation. An effective organization relies on leadership to serve and to communicate goals, strategies, organize, and motivate others to arrive at a collaborative result (Understanding Society, 2008). Challenges being faced include cultivating strength in leadership, building team environments to accomplish goals, having clear mission, vision, and values, and reducing employee turnover while improving workforce morale (The Ken Blanchard Companies, 2011).
According to Pearce & Conger, (2002), the action that leads employees in achieving its objectives or goals is called leadership. It has been proven in several researches that leadership in an organization plays a significant role in employee’s productivity and performance (Yuki, 2001). Leaders are one of the people in an organization who can influence the behavior of the employees in several ways. They motivates employees, sets a clear vision for the team or for the management, builds morale and guide their employees through the course of their work (Smirch & Morgan, 1982).
Leaders: Strategies for Taking Charge is an organizational management book written by Warren Bennis and Burt Nanus for those who aim to become better leaders. The authors emphasize that having executive positions or being a manager does not automatically make one a leader. A leader is one who inspires his staff, help them find purpose in their work, and effectively implement their plans. They separate the book not quite into chapters on different topics, but rather by four strategies that they have determined are vital for any leader to take on. The strategies are effectively concluded as attention through vision, meaning through communication, trust through positioning, and the deployment of self. A prominent feature of Leaders is the various
Leadership is defined as ‘the process in which an individual influences the group of individuals to attain a common goal’. The goal is achieved by cooperation, communication and cohesive behaviour. A leader is someone who stands for his cause and takes responsibility, but can also motivate others to do the same. There is a clear difference between being a boss and a leader. A leader can motivate others and inspires them to aim high and achieve anything they set their minds to. However a boss plays more of a supervising role. Power should naturally come to a leader but that power should be treated with respect and never be abused. A good leader should;
Leaders are the individuals who help to create options and opportunities. They help in identifying the choices and solve the problems. They build commitment and coalitions. Leaders do this by inspiring others and working along with them to construct the shared vision of the possibilities and commitments of a better group, organization or community. They engage the followers in such a way that most of the followers become leaders in their own right. The variety of demands of an increasingly complex world very often require that leadership be shared by most of the members of an organization, in appropriate ways for different situations. A leader is the on...
Every good leader has successful skills to accomplish a common goal within an organization. Although the term leader is often intertwined with the manager; a leader’s characteristics are rarely the same in responsibilities. Leaders are developed by the type of organizational cultured that they are derived in. Thus, bringing the skills to designed changes rather than only promote changes as often may be seen in managers. Leadership is then the support of employees by offering a clear concise understanding of an organization needs and therefore brings balance to the task and the relationship of the employees. So what is the purpose of the leadership? To serve others while transforming the company’s mission into actually obtainable goals while all the while overcoming situational
Leadership, without doubt, is a significantly important function of management. It helps to aggrandize efficiency and to fulfil an organization’s goals. Leadership is the ability of a manager to induce the subordinates to work with confidence, determination, courage and zeal. It is also defined as ability to influence a group towards the realization of a goal. Leaders should have the capability of developing future visions, and to drive the organizational members to want to attain the visions. This paper states my points in which I duly believe, justifies the importance of an outstanding leader in any organization.
To inspire and influence others, a leader must have many skills and abilities. As motivational speaker Jim Rohn, states, “ the challenge of leadership is to be strong, but not rude; be kind, but not weak; be bold, but not bully; be thoughtful, but not lazy; be humble, but not timid; be proud, but not arrogant; have humor, but without folly.” (2010) Moving an entire group of individuals toward a singular goal is a considerable undertaking. Without effective communication skills and a clear vision of what needs to be accomplished, one will feel like they are trying to herd cats rather than leading.
Managers should be able to lead the members of their work groups toward the accomplishment of the organization’s goals. Leading is defined as motivating and directing the members of the organization so that they contribute to the achievement of the goals of the organization. In order for leaders and managers to be effective they must understand the dynamics of individual and group behavior, to be able to motivate their employees, and be effective communicators. It is said that a good ...
Leading is mobilizing or stimulating people to achieve their best. Managers need to be able to motivate their employees to achieve the business group and overall organizational goals. One way for a manager to do this is through close contact and communication on a daily basis. Workers that get positive feedback and motivation from their managers are going to be more willing to help the team achieve the goal at hand. Through leading their employees the manager can ensure that the team is working well together and is efficiently reaching their goals. If the manager is working closely with the team they will know when something is not working and can take immediate action to correct it.
Many people dream of becoming entrepreneurs someday. But it made me realize that there other factors that needs to be taken into consideration. We need to ask ourselves are we ready to take the challenge to the outside world. Not everyone have the vision, innovation and creativity to become an entrepreneur. The individual must have a positive attitude and accept the responsibility, have discipline to meet their goals, and take action when the opportunity presents itself. Many prefer a job security and rely on a weekly paycheck, while entrepreneurs will take risks and doesn 't have that luxury to know the amount of their income.
Entrepreneurship is an important aspect of social, economic and community life. It can be viewed as a critical factor to economic growth as well as a way of addressing unemployment (Nolan, 2003).Entrepreneurs are people who are persistently focused on identifying opportunities, they seek to create something worthwhile while taking into account foreseeable risk and rewards associated with the efforts (Nolan, 2003). Furthermore, entrepreneurs are frequently understood to be individuals who discover market needs and establish new business to meet those identified opportunities. The following assignment will firstly discuss the types of entrepreneurship, secondly it will discuss the reasons people become entrepreneurs, and thirdly it will discuss the importance of entrepreneurship.
An entrepreneur is someone with the capacity to lead a business to success and is willing to take the risks in order to accomplish their goals. (Dollonger, 2002). Starting a new business is an example of entrepreneurship. Entrepreneurs are very important in order for any business to succeed, however, only some entrepreneurs will succeed in life. Here are some of the characteristics of successful entrepreneurs.