Research Paper on:
Motivation Theory and its Importance to Managers

Unformatted Sample Text from the Research Paper:
company needs to be maximise the use of its resources. These may be physical resources, but it is becoming increasingly accepted that this should also include human resources. The use  of human effort and human intellect can be the source of increased productively and the formulation of competitive advantage. To utilise this to its fullest extent the company need to  ensure that the staff are motivated. The difference between motivated staff and unmotivated staff may increase company costs and decrease efficiency and quality. Therefore, it is important to any manager  to have at least a basic understanding of motivation theory and the psychology that underlies the theory so that they can utilise it. Many UK companies are increasingly facing  competition, both from global companies and from European companies, in addition to this they are seeking to compete, this means that they need to understand how this may impact on  their business. The initial studies that indicated motivation was a factor in the performance of individuals were the Hawthorne studies.  These studies were conducted when scientific management was the most common method of operation, this assumed that employees main motivation was money. The well known studies where this was used  were at the Midvale Steelworks and also as the Ford factory, however, the increased productivity shown over the formers system were also accompanied by many negatives, such as sabotage, high  absenteeism and slow work rates. In the 1920s Mayo theorised that man was much more than economic, and required other factors to be happy and productive at work (Huczyniski and  Buchanan, 1996). The Hawthorn studies looked at a group of workers who were placed in marginally improved working condition, this group of people