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November 1, 2007

Herzberg’s Two-Factor Theory of Motivation in Office Space

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Analysis by. Mustapha Hasnain

Part 1

“So, where’s the motivation?”, Peter Gibbons – Office Space

The first theory I am using is Herzberg’s Two-Factor Theory found in Chapter 5, and is one of many theories that describe how employees are motivated. This theory states that “job satisfaction results from the presence of intrinsic motivators and that job dissatisfaction stems from not having extrinsic factors”. Intrinsic motivators, also called satisfiers, are related to the job content and are comprised of “feelings of achievement, meaningful work, opportunities for advancement, increase in responsibility, recognition, and opportunities for growth”.

According to Herzberg, if these conditions are present in a work environment and in employees, “they build strong levels of motivation that result in good job performance”. The more these factors are present, the higher is an employee’s job satisfaction. Extrinsic motivators, also called dissatisfiers or hygiene factors, are related to “the job context” and include “pay, status, job security, working conditions, fringe benefits, policies and procedure, and interpersonal relations.” Although the presence of these conditions does not necessarily motivate an employee, their absence results in dissatisfaction. Thus, the less of these factors present, the higher an employee’s job dissatisfaction.

This theory is considered to be the “most criticized” out of all the other motivation theories. Some of the reasons being: a limited sample of professions was used in developing it; oversimplification of the causes of job satisfaction; and it “requires people to look at themselves retrospectively”. Nonetheless, this theory is still used by academics and researchers. I find the theory to be very useful due to its simple and logical application in describing job satisfaction.

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September 18, 2007

Emergent Leadership in Climate Change

The tagline of a recent MIT Sloan Management Review article entitled "Leading from Below" we are told that "CEOs can't change their companies on their own. The secret is to foster a leadership mentality throughout the ranks." In the video segment below Carol Hymowitz of the Wall Street Journal interviews with James Kelly and Scott Nadler of ERM about their views on emergent in the area of climate change.

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September 17, 2007

Executive Education for Executive Retention

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Ron Alsop of the Wall Street Journal interviews Roy Eggers, Associate Dean for Executive Education at Columbia Business School who explains why many companies are increasing spending on executive education and development. In short, companies are seeing it as way to retain their most promising future leaders and valuable managers. The key quote by Dean Eggers comes in response to a question about which programs are most popular.

"Good Question. We are seeing a particular resurgence in leadership development, in particular social intelligence skils. How to be a good leader. We are also seeing a particular emphasis there on strategy. In particular, how to value a new opportunity."

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The Best Place to Work on Earth

In this video Oprah shows us why working for Google is the next best thing to not working at all. In short, it's an argument for why perks produce satisfaction which begets productivity. If it weren't real, and if Google weren't so profitable, you'd almost think it was an SNL skit.

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iKnow

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What happens when you cut the price of something for new customers? I know and Neil Cavuto of Fox News knows too.

September 16, 2007

IT and Competition

Erik Brynjolfsson of MIT Sloan School of Management speaks with WSJ Business Insight about how firms are using information technology to better compete.

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Managing Virtual Teams

In this Wall Street Journal "Business Insight" segment, Carol Hymowitz interviews London Business School Professor Linda Gratton about the management of virtual teams and organizations. The example they discusses is that of Nokia. The interview is brief and I wish they had spent more time talking about how technology helps Nokia keep their geographical-dispersed organization integrated and in tune with its diverse markets.

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Upping Scale

In this video segment Carol Hymowitz of the Wall Street Journal interviews London Business School Professor Don Sull about growth strategies for helping small, innovative, entreprenuerial firms make the transition to mature enterprises. Of particular interest are his views on the importance of standardization when attempting to scale up.

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August 29, 2007

Battling iTunes

Southwest Takes Flight at SFO

A Business Model for Beer Pong?


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