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Frederick Herzberg's Two Factor theory, as presented in 'How Will You Measure Your Life', suggests that there are two sets of factors that influence motivation at work: Hygiene Factors and Motivators. Hygiene Factors, such as compensation, status, job security, and work conditions, are necessary to prevent dissatisfaction. However, they do not contribute to long-term satisfaction or motivation. On the other hand, Motivators, like challenging work, recognition, responsibility, and personal growth, lead to job fulfillment and are highly correlated with financial rewards. The theory emphasizes finding a career that not only satisfies key hygiene factors but also has true motivators for long-term satisfaction and success.
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Management theories not only can be applied to our careers, but also personal lives. Think of them as a resource allocation problem. You have limited...
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Employees are not motivated by financial incentives. Frederick Herzberg's Two Factor theory says that compensation, status, job security and work conditions are Hygiene Factors necessary to not hate your job. But job fulfillment comes from Motivators like challenging work, recognition, responsibility and personal growth. Find a career that has true motivators and satisfies key hygiene factors. Careers that are rich in motivators are highly correlated with financial rewards. The reverse does not hold. People who find a job that is meaningful to them have a distinct career advantage. They can put their best effort every day and soon become very good at what they do. Therefore they naturally gain access to hygiene factors like good compensation, status, job security and good work conditions. Professor Henry Mintzberg says that there are two ways in which strategy is formed. Deliberate Strategy arises from conscious, planned action based on anticipated opportunities. Emergent Strategy eme...
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