WAYS YOU CAN ADOPT TO MOTIVATE YOUR HUMAN RESOURCE IN THE ACHIEVEMENT OF BUSINESS SUCCESS.

 

WAYS YOU CAN ADOPT TO MOTIVATE YOUR HUMAN RESOURCE IN THE ACHIEVEMENT OF BUSINESS SUCCESS :

Hello reader, today I’ll be taking you through some of the major ways you can adopt as an entrepreneur to motivate your human resource for effective attainment of business goals. Human resources are the most crucial resources in a business may it be a company or an industry. Hence for effective production, performance and profit maximization, motivating them plays a vital role. They are human so they too have feelings thus they may also loose interest in their daily undertakings or even loose feelings for the organization they work in hence motivating them is key. Through motivation , their morale will be boosted hence their performance improves thus there will be more productivity and profit maximization. Some of the major ways you can adopt as an entrepreneur in motivating your human resource in the achievement of business success are highlighted and elaborated below:

. Positive motivation.

 This may be in terms of giving awards to higher performing employees or pardoning them some few days of work for vacation purposes. Gifting higher performing employees motivates all employees to work hard in their respective duties so as to receive those awards. Each employee will commit him/herself fully to the duties delegated to them with the major aim of being awarded on the successful accomplishment of his/her tasks. Hence through this approach, there will be increased productivity due to the endless efforts made by the employees. Through increased productivity, your business will be able to generate more income in the long run hence continued success will be registered in your business.

. Negative motivation.

 As an entrepreneur, you may opt to motivate your employees negatively. This may be in terms of reducing the tasks delegated to them if the employees are unable to meet the deadlines. Through this approach, the employee whose some responsibilities are declined will feel incompetent hence will purpose to work hard to secure his/her job position. Minimisation of duties only motivates an employee to work as hard as he/she can so that he/she won’t loose the job to a more competent employee who’ll be able to perform all the duties delegated more effectively and efficiently than him/her. Therefore all employees will work hard hence improving the productivity and performance of the business in terms of profit maximization. Thus business success will be attained. 

. Coercion.

 This type of motivation is done by providing threats to the unproductive and underperforming employees if the duties delegated to them aren’t performed as expected or if they are sluggish in performing their tasks . This kind of employees tend to contribute to business failure as the business operations are altered and slowed down. Hence low quality results and finally, lower income generation by the business. Hence through this approach, these kind of employees will aim to putting all their efforts in increasing their effectiveness and efficiency in performing the duties delegated to them. Therefore , the business productivity will increase thus more income will be generated in the long run. This results and plays a vital role in achieving business success.

. Through performance appraisal.

This type of motivation is done through appraising the higher performing employees within the business. This may be in terms of offering promotions , awards or salary increase. Through this approach, employees will give their best in delivering the required results so as to be appraised. No employee would like to be left behind as their fellows get the benefits therefore your employees will be more faster, effective and efficient while performing their tasks and duties. Mostly salary increase acts as a major motivation as most of the employees are in much need of finances to cater for their daily needs as well as improving their standards of living. Hence they won’t back down or be sluggish in performing their tasks and duties. Promotions too are a major source of motivation as these positions are accompanied by more advantages and pride hence through this approach too, employees will 

Be motivated to work hard too in achieving greatness in the duties delegated to them. This approach too therefore plays a key role in the attainment of business success.

In conclusion , you as an entrepreneur , through adopting these key ways, your human resource will be more motivated hence there will be more productivity and profit maximization thus you’ll be able to succeed in your business.

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