Principles of Management Research Paper Example | Topics and Well Written Essays - 1250 words

Principles of Management - Research Paper Example The employees stand to obtain a better insight into the functioning of the company, due to this initiative. Furthermore, employees obtain a better understanding of the lacunae in the performance of the company, which in turn could motivate them to seek methods for bettering the situation (Dossenbach 16). Subsequent to the evaluation of corporate performance, the employee’s achievement in realizing individual goals can be scrutinized. This task should be so conducted that the employees are made to review their individual objectives and achievements. At this juncture, the employees should be encouraged to provide suggestions for improving their deficient areas. As such, suggestions for change that emanate from the employee, will be adopted voluntarily, in addition to engendering a sense of well – being and accomplishment (Dossenbach 16). It is essential to realize that human resources management is critically dependent on the motivation of employees. The individual and collective motivation levels of employees have an overbearing and direct influence on the persistence, level and direction of their efforts. This circumstance finds substantial evidence in the fact that the best performers in the corporate sector enjoy a workforce that is highly motivated (Gilley, Gilley and Quatro 129). In fact, the functions of human resources management are based on a thorough comprehension of the theory of employee motivation. As such, any motivational theory is founded on a fundamental understanding of the influence of intrinsic and extrinsic rewards on the motivation levels of employees (Gilley, Gilley and Quatro 129). Extrinsic rewards are basically motivational stimuli that are provided to employees as inducements for indulging in certain activities. Such rewards constitute valued consequences for completing a task in an exemplary manner. On the other hand, intrinsic