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You will prepare and submit a term paper on Managing Performance of Individuals in SAS Institute. Your paper should be a minimum of 1750 words in length.
You will prepare and submit a term paper on Managing Performance of Individuals in SAS Institute. Your paper should be a minimum of 1750 words in length. The essay seeks to outline how the management can enhance the optimal performance of SAS Institution through outlining various theories of motivation that are related to the case study. Reward strategies employed in the given case study will also be outlined so as to show their effectiveness in enhancing employee performance. The essay starts by giving a brief description of the organisation followed by an outline of the definition of motivation and the reward strategy used. This would be followed by a discussion of the relevant motivation theory as well as the management process and organisational issues related to each concept.
SAS Institute was established in 1976 and is the largest privately-owned software company in the world and it employs more than 10,000 workers. The organisation has always strived to ensure that its employees enjoy their work and are motivated by the work they do and this can be attributed to its outstanding performance where it has witnessed a steady increase in its revenue for 29 years in a row. Therefore, in order to gain a clear understanding of the issues related to the concept of motivation in the case study of SAS, it is imperative to begin by defining the term.
Motivation is the enthusiasm employees have for their jobs and the factors which influence how hard they may try to do the job. An employee must be encouraged, persuaded or inspired to do the job (Kleynhans et al 2006). There are various factors which can motivate the employees to do their best in their work and the most notable motivator to the employee is a financial reward. On the other hand, a reward can be simply defined as a token of appreciation which is in the form of a financial reward for outstanding performance in particular circumstances by the employees.
Whilst there are various motivation theories attributed to different levels of motivation of the employees, it can be noted that Maslow’s hierarchy of needs, goal setting and Herzberg’s two-factor theories of motivation are more suitable in giving a critical analysis of theories of motivation related to the SAS Institution’s case study. .