Motivation theories are used to understand, explain and influence human behavior. Early and modern theories of motivation allows a manager find the reasons for people’s actions, desires and needs.
Motivation theories also explain how to influence one’s direction to behavior that allows controlling and guiding employees actions.
Many theories of motivation are developed by phycologists and human resources specialist.
Theories of Motivation
- Hierarchy of Needs Theory by Maslow,
- Theory X and Theory Y by Mcgregor, and
- Two-factor theory of Herzberg.
- ERG Theory; developed by Clayton Alderfer.
- Acquired Needs Theory by McClelland’s.
- Goal Setting Theory by Edwin Locke.
- Theory of Self Efficacy by Albert Bandura.
- Reinforcement Theory by B.F. Skinner and his associates,
- Cognitive Evaluation Theory,
- Expectancy Theory by Victor H. Vroom,
- Equity Theory of J. Stacy Adams.
In the 1950’s three specific theories were formulated and are the best known. They are; Hierarch of Needs Theory by Maslow. Theory X and Theory Y by Mcgregor and Two-factor theory of Herzberg.
The following theories are considered contemporary or modern not only because they necessarily were developed recently, but because they represent the current state of the art in explaining employee motivation.
Early theories are important as they represent a foundation from which contemporary theories have grown. Practicing managers still regularly use these theories and their terminology in explaining employee motivation.
In a nutshell, we can say that motivation is a means of inspiring people to intensify their desire and willingness to discharge their duties efficiently and to co-operate for the achievement of common objectives.