Posted: February 19th, 2023
Overview:For this assignment, you will look at extrinsic and intrinsic motivation in organizations. Prepare a written response to the prompt below using a word processor. Please save your file in .doc or .docx format. Your paper should be at least two (2) to three (3) pages in length and should comply with APA writing requirements.For more guidance about APA formatting, please visit the APA Resources folder in the Student Resources course menu tab.*To view the grading rubric for this assignment, click on the name of the assignment and click “View Rubric”
Instructions:
SOLUTION
Introduction
Motivation is a key factor in employee performance and productivity in organizations. It is the driving force that influences individuals’ behavior and performance towards achieving their goals. Organizations can use different types of motivation to enhance employee performance and productivity. The two main types of motivation are intrinsic and extrinsic motivation. This paper will discuss the importance of utilizing intrinsic and extrinsic motivation in organizations, identify the differences between intrinsic and extrinsic motivation and motivators, provide examples of organizational situations where each type of motivation should be utilized, create a chart highlighting the differences between the types of motivators that would work in various scenarios, and explain the connection between motivation and goal setting.
Importance of Utilizing Intrinsic and Extrinsic Motivation in Organizations
Organizations that utilize intrinsic and extrinsic motivation can benefit from increased employee satisfaction, improved productivity, and better employee retention rates. Intrinsic motivation comes from within an individual and is driven by personal values and interests. Extrinsic motivation, on the other hand, comes from external rewards such as money, promotions, and recognition. By utilizing both types of motivation, organizations can create a balanced work environment that encourages employees to perform at their best.
Differences between Intrinsic and Extrinsic Motivation and Motivators
Intrinsic motivation is a type of motivation that is driven by internal rewards such as personal growth, satisfaction, and enjoyment. It is the desire to engage in a task for its own sake, and the reward is in the activity itself. Examples of intrinsic motivators include a sense of achievement, personal growth, and autonomy.
Extrinsic motivation, on the other hand, is driven by external rewards such as money, promotions, and recognition. It is the desire to engage in a task for the rewards that come with it. Examples of extrinsic motivators include bonuses, promotions, and recognition.
Organizational Situations to Utilize Each Type of Motivation
Organizations should utilize intrinsic motivation in situations where employees need to be creative, innovative, and engaged. For example, in a creative department such as advertising, employees need to be motivated to come up with new and innovative ideas. Intrinsic motivation can be used to encourage employees to come up with new ideas by providing them with the freedom to explore their creativity.
Extrinsic motivation should be utilized in situations where employees need to be driven by external
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