Organisational Behaviour (Motivation in the Modern Business World) Coursework

Organisational Behaviour (Motivation in the Modern Business World) - Coursework Example Organisational contribution to employee motivation 14 4.1 Role of Organisational culture 14 4.2 Role of organisational systems 14 4.3 Role of leadership 16 5 Current issues and recommendations: 18 6 Conclusions 19 References Appendices Abstract This report explores the role of motivation on organizational behaviour. This is accomplished by understanding the concept of motivation and its implications on organization. A brief understanding of the two types, intrinsic and extrinsic motivation has been obtained. Different motivational theories categorized under content and process theories have been explored. Implications of motivational theories on various management aspects such as employee performance, employee commitment, and organisational performance have been explored by applying content and process theories through specific case studies obtained from the literature. Further, role of organizational aspects such as organizational culture, systems and leadership on employee motivati on have been studied. ... roup dynamics that constantly interact with each other and consequently result in specific outcomes that can have positive and/or negative impact on the individuals as well as organisations. Considering this, workplace motivation has been extensively studied in the present context beginning with its definition and including types and theories of motivation. This report outlines various theories of motivation and their implications on employees. In the process, impact of motivation on individual performance, organisational performance, and employee commitment has been reviewed by applying few case study examples. Further, role of organisational systems, culture, and leadership have been critically assessed in creating workplace motivation for employees. 2. Motivation in organisational behaviour and its definition Organisational behavior considers people’s behavior in the organisation, circumstances that create specific behavior, impact of people’s behavior on organisatio n, groups, and individuals. Organisations are major part of sociological entities that shape the societies, economies and relationships between different companies, and countries. The extent of such impact is dependent upon their performance, which is determined by their systems, processes, technology, and most importantly employee motivation. Wilson and Rosenfeld (1990) explain that motivation is one of the earliest concerns of organisational behaviour and links between a motivated workforce and increased performance led managers to strive toward ‘motivating’ their workforces in an attempt to reduce alienation. Therefore, employee motivation is regarded as one of the key elements of organisational behavior. Motivation is defined as the process of arousing and sustaining goal-directed behavior

ECON 3498 HW7 Assignment Example | Topics and Well Written Essays - 250 words

ECON 3498 HW7 - Assignment Example ovariance matrix without a degrees of freedom correction from a VAR(p)model, cT is a sequence indexed by the sample size T ,and φ(n, p) is a penalty function which penalizes large VAR(p) models. For the last few years, the claim that an increase in economic growth leads to an increase in inflation and that decreased growth reduces inflation. All other things being equal, an increase in economic growth must cause inflation to drop. Under the assumption of sticky nominal wages (traditional Keynesian asymmetry), negative monetary shocks have greater real impact than positive monetary shocks. According to Ravn et al (1999), sticky nominal wages will render the aggregate supply curve convex. In the extreme case, the aggregate supply curve is vertical at the point where the nominal wage is in equilibrium. A positive monetary shock will increase aggregate demand along the vertical segment of the aggregate supply curve leaving real economy unchanged, at least in the short run. Residuals from this regression show changes in the intended funds rate not taken in response to information about future economic developments. The resulting series for monetary shocks should be relatively free of both endogenous and anticipatory actions.† To measure the effects of monetary policy on output it is enough that the shock is orthogonal to output forecasts. The shock does not have to be orthogonal to price, exchange rate, or other forecasts. It may be predictable from time t information; it does not have to be a shock to agents or the Fed’s entire information