L9 Icm
L9 Icm
MOTIVATION
LECT URE 9
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TWO-FACTOR THEORY
CORPORATE CULTURE
CORPORATE CULTURE
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MOTIVATIONAL BASICS
INTRINSIC
INTRINSIC
Autonomy
• Our desire is to be autonomous and self-directed. It
increases engagement over compliance.
• Circumstances conspire to change that default
setting and turn us from intrinsic to extrinsic.
• To encourage intrinsic behavior, the first
requirement is autonomy.
• Organizations that have found new ways to boost
autonomy are outperforming their competitors.
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INTRINSIC
Mastery
• Demands engagement. The urge to get better skills.
• Mastery begins with “flow” – optimal experiences
when challenges are matched to our abilities.
• Mastery is a mindset – it requires the capacity to see
your abilities not as finite, but as infinitely
improvable.
• Mastery is a pain – it demands effort, grit, and
deliberate practice.
• Mastery is impossible to fully realize, which makes it
simultaneously frustrating and alluring.
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INTRINSIC
Purpose
• Humans seek purpose in their lives.
• The desire to do something that has
meaning and is important.
• Businesses that only focus on profits without
valuing purpose will end up with poor customer
service and unhappy employees.
• Increase the texture of various experiences.
• Know what fuels you.
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FEDEX DAYS
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ROWE
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EFFECTIVE METHODS
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EFFECTIVE METHODS
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EFFECTIVE METHODS
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EFFECTIVE METHODS
Setting Goals
Goals motivate employees to push beyond their
perceived limitations and make major breakthroughs
that will help your business.
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EFFECTIVE METHODS
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EFFECTIVE METHODS
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EFFECTIVE METHODS
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WHAT
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HOW
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WHY
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UBER
Mission Statement:
“Transportation as reliable as running water,
everywhere for everyone.”
Vision: Provide a crowd-sourced solution to the issue of
overpriced, hard-to-find taxis, and revolutionize the
unwieldy and monopolized taxi industry.
The biggest message from Uber is the idea of choice and
the focus on you:
“Get there – your day belongs to you.”
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AIRBNB
Mission Statement:
“Connect millions of people in real life all over the world,
through a community marketplace – so that you can
‘Belong Anywhere’”
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TOTAL REWARDS
Attractive Factors
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GROWTH OPPORTUNITY
Attractive Factors
Interesting Job with Diversified Experiences 19.76%
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Attractive Factors
Fairness & Respect 21.79%
Professionalism 16.70%
Teamwork 7.02%
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LEADERSHIP
Attractive Factors
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Attractive Factors
Good Health & Wellness Programs 21.23%
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MOTIVATIONAL FACTORS
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RETENTION
GENERATION X
83% of GenXers (1965-80) are looking for new jobs.
Most have seniority and experience.
More than 50% have been at their current
company for five years or more.
8 out of 10 are at the level of manager or higher.
Why? They are seeking a job change for better
remuneration and working conditions.
1) Higher salary (33%)
2) More benefits (29%)
3) Better cultural and corporate values (25%)
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RETENTION
GENERATION Z
By 2025 GenZers (1997-2012) will be 25% of the
workforce in Vietnam.
A desire for entrepreneurship and being a creator.
2 out of 10 say that income and benefits are the
key motivation to take a new job.
Learning new skills (44%)
Acquiring new knowledge (21%)
Earning salary (18%)
Which is very different from Millennials, who still see earning
a (better) salary as the most exciting part of a new job.
57% agree that “no room for development” is the
key reason for them to burn out.
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EXPECTATIONS
GENERATION Z
Expectations from the company during their first
month on the job.
• Technical job skills (only 8% of companies in
Vietnam feel that graduates have the required skills
to perform well)
• 1 out of 3 deemed networking and communication
skills are indispensable.
• 30% foreign language skills are important.
• Also relevant:
• Expand their overall knowledge
• Gain industry insights
• Understand the company culture
• Acquire soft skills
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MOTIVATION
GENERATION Z
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MOTIVATION
GENERATION Z
Solutions: Start by looking at how creativity can be
central to the role.
Employees need something to look forward that
taps into their abilities and passion for sharing
content online.
Ensure pay is competitive, but pay attention to
opportunities for Gen Z employees to learn, grow,
and discover themselves.
Create and sustain meaning by understanding that
they care, and learning what they care about.
Companies would do well to tap into this sense of
purpose and make Gen Z-ers’ everyday work more
meaningful.
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COMMUNICATION
GENERATION Z
Workplace Environment
Communication: forget the face-to-face
• Only 8% of Gen Z prefer in-person communication
with coworkers.
• 63% communicate by Instant Messaging (IM)
• 10% video calls
• 9% emails
• 8% in-person meetings
• 8% phone calls
• 2% text messaging
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MOTIVATION
GENERATION Z
Workplace Environment
Independently:
• 52% prefer working in groups. However, it’s less
popular than with Millennials (59%.)
• 40% prefer working independently. However, it’s
more popular than with Millennials (21%).
• The least favorite way of working is in groups
remotely.
• When approaching a new project 86% want to do
their own research and seek help after.
• Only 7% said they would ask for instructions immediately,
while another 7% would not ask for any kind of help.
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MOTIVATION
GENERATION Z
Workplace Environment
Feedback:
• That independence doesn’t mean that they don’t want
to get feedback. In fact, they want a lot of it. 90% of
that they want feedback at least once a week. They
are also more likely than Millennials to say they want
feedback more than once a day (19% vs. 12.5%.)
• Continual improvement, to learn, and develop
themselves.
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MOTIVATION
GENERATION Z
Workplace Environment
Feedback:
Failure, something that traditionally is not widely embraced in
Vietnam, is starting to become more accepted.
A more entrepreneurial drive and more of a “test and learn”
mode – learning by doing.
• 80% of Gen Z think that embracing failure on a project will
help them to be more innovative.
Therefore, the importance for managers to give feedback
frequently.
• Expects continuous feedback to aid their growth and
development.
• Companies that can provide this in a structured way can
expect to fare a lot better in attracting and retaining the
best young talent.
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MOTIVATION
GENERATION Z
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MOTIVATION
GENERATION Z
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MOTIVATION
GENERATION Z
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MOTIVATION
GENERATION Z
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MOTIVATION
GENERATION Z
Workplace – The Perfect Office
Wellbeing
• Napping space: 6 out of 10 Gen Z’ers want it in their
offices.
“Sleep is the ultimate performance enhancer.”
• Greenery & natural air: 58% said it’s important in an
office.
• Work-life balance and mental wellbeing: 69% of all
Vietnamese Gen Z asked for this.
• Yoga, promoting healthy workplace behaviors
through positive interventions.
• Flexible working time: 56% appreciated working from
home.
• 25% prefer not to commute to work.
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