|
T H E H I N D U O P P O R T U N I T I E S A Guide to Better Positions and Better Performance Wednesday, February 16, 2000 |
| Position wise | Category wise | Company wise | Location wise | Articles | Search Jobs | Home | | The Hindu Group |
WORKING TRENDZ Mantras on motivation
INDIAN management gurus and practitioners can take a few mantras
on motivation from FMCG (Fast Moving Consumer Goods)
organisations. The art of motivation has been redefined with such
finesse and grace that it leaves one, especially the employee and
his family, with contended smiles and pride.
Unlike the key propeller, money as a sure shot formula believed
by some practicing managers, non-monetary best practices are
worthy of being examined. Money is only a factor that denotes the
price of an employee. For value, non-monetary rewards and
recognition systems to motivate the employee and his family
members are the need of the hour.
Organisations that are following with conviction and passion the
non-monetary rewards and recognition say that:
* Recognition is a basic requirement for creating a positive work
culture in the organisation.
* Recognition encourages and enthuses employees to believe in
themselves and deliver quality.
* Recognition is a powerful motivator that puts the recepient in
the limelight which leads to better performance.
The practice by organisations of honouring the employees
achievements, singling out top performers, and offering benefits
to the families, inspire the employees to give their best.
Motivation - the need for meaningful self-fulfillment, the need
to create personal challenges isn't only about inspiring people
to work harder, it is also an effective way to retain people and
build loyalty. It is an important factor in fostering career
progression. The cascade effect is that the executive sets higher
standards of performance for himself and that is what drives him
to outdo himself.
Types of rewards:
* Recognition for innovative ideas and entrepreneurial action
from employees. ``The you-can-make-a-difference concept''.
* Honours for unique contribution to sustained high performance
by an individual or a team.
* Membership to the exclusive club of top performers.
* Recognition to not only super achievers but also employees with
long service. Eligibility for ``Real Old Timers Club.''
* Budding Genius Awards for employee children who fare well in
studies.
Merits:
* Motivates employees to perform better.
* Costs the organisation next to nothing.
* Builds tremendous self-esteem among the employees.
* Makes an employee and his family members proud of and loyal to
the organisation.
* Creates a positive atmosphere where change welcomed.
De-merits:
* Remonstrates people if processes are not transparent.
* Could result in unhealthy competition among employees.
* May lead to shortsighted, hasty decision making.
* Work intrudes on the home life of employees.
* Will never work if monetary rewards are not substantial.
While recognition through non-monetary rewards facilitates
participation, and instills responsibility in the employees, it
is important to ensure that the selection process is fair and
transparent. It is also imperative that the practicing managers
accept the fact that recognition is a way of life and look for
areas to award rewards.
Corporates must be aware that instituting an award or a
recognition programme is relatively easy, compared to ensuring
that they get their managers to carry it through. The system is
relatively successful as long as the technique is implemented
correctly.
The following are some of the areas of non-monetary recognition
practices that an organisation can take note of.
Treats: Free lunches, festival bonus, coffee breaks, picnics,
dinner with the boss, dinner for the family, birthday treats etc.
Knick-knacks: Disk accessories, company watches, tie-pins,
broaches, diaries/planners, calendars, wallets, T-shirts.
Awards: Trophies, plaques, citations, certificates, scrolls,
letter of appreciation.
Social acknowledgement: Informal recognition, recognition of
office get-togethers, friendly greetings, smiles, e-mail,
solicitation of advice, suggestions, use of company facilities
for personal projects.
Office environment: Redecoration, office with a window, piped
music, flexible hours.
On the job: More responsibility, job rotation, special
assignment, training, representing the company at public for
forums.
Tokens: Movie tickets, vacation trips, coupons redeemable at
stores, early time off, anniversary, dating and Birthday
allowances / presents.
For the cost of a handshake or pat on the back, the benefits of
recognition for the organisation are certainly rewarding.
VENKAT LAXMA REDDY
annireddikyahoo.com
Copyrights © 2001 The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu. |