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Compare Intrinsic and Extrinsic Motivators

Satisfactory Essays

Compare Relationship Between Intrinsic & Extrinsic Motivation
USP MBA Program - Presentation – Trimester 1 – 2011 by Group 8 Members Mukhtar Ahmed Nitesh Chandra ; Gabriel Pen ; Ateca C. Vakatora ; Devina R. Rao ; Salote Naulivou

Objectives:
To define motivation To define Intrinsic and Extrinsic motivation To give examples of Intrinsic and Extrinsic motivations Identify the relationship between Intrinsic & Extrinsic motivations using the theories that discuss the relationship and give examples. Conclusion

Motivation
What is motivation? Process that accounts for an individuals intensity, direction & persistence of effort towards attaining a goal.

Why motivation is needed? – To increase job satisfaction – To increase …show more content…

Conclusion
Extrinsic motivation e.g. Money is the critical incentive to motivation in today's work environment However , motivation differs from individual to individual and with their respective beliefs and values, circumstances and culture. It is important for mangers to identify which motivation factor works with which employee and apply it respectively In any environment, both Intrinsic and Extrinsic motivations are needed for work satisfaction and work performance

References
Swenson, D. Expectancy and equity theories of motivation. The College of St. Scholastica Website. Retrieved from http://faculty.css.edu/dswenson/web/OB/VIEtheory.html Robbins, Judge, Millet, Marsh, 2008, Organizational Behavior, 5th Edition, Pearson

Theories that don't discuss Intrinsic & Extrinsic factors….cont’d
Two Factor Theory (Herzberg)
The two are independent. Extrinsic motivation decrease dis-satisfaction. E.g. A renovated office decreases workers dissatisfaction. Intrinsic motivation increases job satisfaction. E.g . Volunteers are motivated by intrinsic factors. Suicide bombers Human Motivation Theory of needs (McClelland's) How well people perform in work situation is related to their need for Achievement, Power or Affiliation Achievement & Power – Intrinsic factors Affiliation – Extrinsic factor E.g. *Both these theories lack

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