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FMGT 7210 - Week 3 (1).

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FMGT 7210 - Week 3 (1).

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FMGT 7210 - Week 3
Drive to Acquire - ANS-Obtain scarce goods, including intangibles such as social status

Drive to Bond - ANS-Form connections with individuals and groups

Drive to Comprehend - ANS-Satisfy our curiosity and master the world around us

Drive to Defend - ANS-Protect against external threats and promote justice

Four common workplace indicators of motivation - ANS-1. Engagement
2. Satisfaction
3. Commitment
4. Intention to quit

Acquire - ANS-Drive: ???
Primary lever: reward system
Actions: sharply differentiate good performers from average and poor performers, tie rewards
clearly to performance, pay as well as competitors

Bond - ANS-Drive: ???
Primary lever: culture
Actions: foster mutual reliance and friendship among coworkers, value collaboration and
teamwork, encourage sharing of best practices

Comprehend - ANS-Drive: ???
Primary lever: JOB DESIGN
Actions: design jobs that have distinct and important roles in the organization, design jobs that
are meaningful and foster a sense of contribution to the organization

Defend - ANS-Drive: ???
Primary level: Performance-management and resource-allocation processes
Actions: increase the transparency of all processes, emphasize their fairness, build trust by
being just and transparent in granting rewards, assignments, and other forms of recognition

1. Tight labour market
2. Rapidly changing business environment
3. Increased teamwork - ANS-Current market forces that have led to modern-day thinking about
the performance review process

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