Motivation is the key to performance improvement. An understanding and appreciation of the simple yet complex human nature is a prerequisite to effective employee motivation and by extension, effective management and leadership. A knowledge of motivational theories would aid a Managing Director in any organization as these theories concentrate on human nature in general and motivation in particular. As Managing Director of this chain, I would utilize the articles and research undertaken by Douglas McGregor's …showed first 75 words of 1281 total…

…showed last 75 words of 1281 total…Rewarding employee's financially as well as building self esteem does improve level of employee motivation and thus improves productivity. This eventually will end up in the 'bottom line' and part of the increased profits must be circulated back to the work force responsible for it. While it is recognized that there is no such thing as the 'best scheme' for motivation, those introduced will be formulated monitored and tailored to each specific level of employee.