motivation std chartered
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Motivational Techniques in
Made by:- Shray Jali
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HistoryStandard Chartered was formed in 1869 through a merger of two banks:The Standard Bank of British South Africa, founded in 1863, and the Chartered Bank of India, Australia and China, founded in 1853.
Jul 2000 Global Acquisition of ANZ Grindlays (USD1.34bn)
Jan 2005 South Korea Acquisition of Korea First Bank (USD3.3bn)
Feb 2008 Global Standard Chartered completes acquisition of American Express Bank, a wholly owned subsidiary of American Express Company, with operations in 47 countries
Falls among the top ranking employees in India, SE-Asia, Europe & America
24% of the funds are spent on the welfare of employees other than giving them salaries and incentives
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Awards
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To give reason, incentive, enthusiasm, or interest that causes a specific action or certain behavior
Inner psychological force & process in an individual which arouses in him the desire to act in a particular way
Individual willingness, desire or inclination to put in an effort to meet his goals
Like a impetus or impulse that activates & gives direction to thoughts, feelings & action.
MOTIVATION
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Motivation
AbilityJob
Performance
X
Motivation and Ability as Factors in Performance
Skill Technology
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Need Hierarchy Theory
Motivation- Hygiene Theory
Theory X & Y
ERG Theory
Motivational Theories
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Need Hierarchy Theory
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Autonomy & decision making power is given to a capable personnel
Vocational training, workshops for upgradation of knowledge and skills
Fun at work by get together, parties, paid vacations
Medical care, accident benefit
Pay & Promotions, Merit Pay commission, Hike in wages
Need Hierarchy Theory
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Herzberg’s Theory
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HYGIENE FACTORS
•Handsome pay packages•Free flow of communication•Courteous & friendly working culture•Quick feedbacks
MOTIVATIONAL FACTORS
•Rewards on the basis of the performance, comm. Skills, interpersonal relationship•Mentoring programme•Challenging work•Brainstorming sessions & seminars
Herzberg’s Theory
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X-Y Theory
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Y Theory
Favorable work environment, Fun at work
Encourages innovative and creative ideas
Employees of different departments join hands to solve minor crises faced by the company
Converts the ability to work into will to work
Acceptance and Compliance to work
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ERG Theory
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ERG Theory
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ERG Theory
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