Managing a business isn’t easy. You experience challenges every day – you have to manage inventories, customer inquiries, sales and more. To accomplish those tasks, you rely on top talent players at your company.
There are many theories of motivation that can be used to explain why some individuals are driven to succeed. Here we will look at three theories of motivation and how to apply the practices in the workplace.
What is intrinsic and extrinsic motivation? For some people, it’s the thought of a hot cup of coffee. Maybe it’s the pressure of making it to work before traffic. For some, it’s seeing the smile on their child’s beautiful face. Whatever makes you get out of bed in the morning motivates you.
We look at Maslow’s pyramid of needs in the world of self-actualisation or self-development to find out what it can teach us about motivation.