Motivation Std Chartered

Motivational Techniques in

Made by:- Shray Jali

HistoryStandard Chartered was formed in 1869 through a merger of two banks:The Standard Bank of British South Africa, founded in 1863, and the Chartered Bank of India, Australia and China, founded in 1853.

Jul 2000 Global Acquisition of ANZ Grindlays (USD1.34bn)

Jan 2005 South Korea Acquisition of Korea First Bank (USD3.3bn)

Feb 2008 Global Standard Chartered completes acquisition of American Express Bank, a wholly owned subsidiary of American Express Company, with operations in 47 countries

Falls among the top ranking employees in India, SE-Asia, Europe & America

24% of the funds are spent on the welfare of employees other than giving them salaries and incentives

Awards

To give reason, incentive, enthusiasm, or interest that causes a specific action or certain behavior

Inner psychological force & process in an individual which arouses in him the desire to act in a particular way

Individual willingness, desire or inclination to put in an effort to meet his goals

Like a impetus or impulse that activates & gives direction to thoughts, feelings & action.

MOTIVATION

Motivation

AbilityJob

Performance

X

Motivation and Ability as Factors in Performance

Skill Technology

Need Hierarchy Theory

Motivation- Hygiene Theory

Theory X & Y

ERG Theory

Motivational Theories

Need Hierarchy Theory

Autonomy & decision making power is given to a capable personnel

Vocational training, workshops for upgradation of knowledge and skills

Fun at work by get together, parties, paid vacations

Medical care, accident benefit

Pay & Promotions, Merit Pay commission, Hike in wages

Need Hierarchy Theory

Herzberg’s Theory

HYGIENE FACTORS

•Handsome pay packages•Free flow of communication•Courteous & friendly working culture•Quick feedbacks

MOTIVATIONAL FACTORS

•Rewards on the basis of the performance, comm. Skills, interpersonal relationship•Mentoring programme•Challenging work•Brainstorming sessions & seminars

Herzberg’s Theory

X-Y Theory

Y Theory

Favorable work environment, Fun at work

Encourages innovative and creative ideas

Employees of different departments join hands to solve minor crises faced by the company

Converts the ability to work into will to work

Acceptance and Compliance to work

ERG Theory

ERG Theory

ERG Theory