'Motivation plays an important role in the success of management'. Explain any four points of importance of motivation in the light of the statement.
Motivation means incitement or inducement to take the desired course of action. It means a process of stimulating people to achieve organisational goals.Motivation is one of the crucial factors that determine the efficiency and effectiveness of an organisation.
Importance of motivation:
Motivation improves workers’ efficiency
Motivation infuses willingness in employees to achieve a high level of performance.
A motivated employee feels pleasure in performing their duties. This helps to improve productivity, reduce cost of operations and secure overall efficiency.
Motivation is essentially goal directed. Therefore, more the subordinates are motivated higher are the chances of achieving the goals of the organisation.
Reduction in resistance to change
Employees normally resist changes in the organisation. However if employees are motivated they are likely to support the change even if it means more efforts on their part. This is because they identify their own progress with the prosperity of the organisation.
Reduction in employee turnover:
Motivation secures loyalty of the employees and creates confidence in them. As a result employee turnover is reduced. This results in maintaining stability in work force.
Motivation facilitates achievement of organisation goals
By motivating employees through suitable rewards in the form of money, promotion, recognition of efficient work, management can secure the cooperation of subordinates to contribute their best efforts towards fulfilling their assigned tasks and thus achieve the goals of the organisation.