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PROJECT TOPIC: MOTIVATING THE WORKFORCE FOR GREATER PRODUCTIVITY IN THE BANKING SECTOR OF THE ECONOMY OF THE 21ST CENTURY

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CHAPTER ONE

1.0     INTRODUCTION 

Although there is general agreement among psychologists that man experience a variety of needs, there is considerable disagreement as to what these needs are and their relative importance. There have been a number of attempts to present models of motivation which list a specific number of motivating needs, with the implication that these lists are all-inclusive and represent the total picture of needs, unfortunately, each of these models has weaknesses and gap and we are still without a general theory of motivation. All organization are concerned with what should be alone to achieve sustained high level of performance through people. Consequently the subject of adequate motivation of workers as derived from the so many attempts made by management practitioner is to look for the best way to manage so as to accomplish an objective or mission with the least inputs of material and human resources available.

A lot of theoretical concept principles and techniques of management have evolved in response to these challenges. In general management authors have tended to view motivation as a key component of the managerial function of leading or directing. However, leading or leadership style, although an important factor in determining the attitude of employers towards assigned job responsibilities is not the only determinant other managerial function such as planning, controlling, staffing and organization also playa role. In any serious and competitive society workers are one of the tools for economics progress. Their welfare is taken into serious consideration because without a dedicated workforce an organization crumbles. The nations (Nigerian) reward system is probably the poorest in the entire global were an average take home of the worker is put at N35 per month. Workers are used and abused, harassed, treated, offended and discarded without any appreciation for their contribution to their organization and to the society at large. It is therefore apparent that the issue of adequate motivation of worker has relevance in managerial function and activities that are aimed at directing the productive effort of the worker force toward achieving organizational objectives. Knotz et at (1980) holds that management strive to create and maintain an environment that is conducive to the performance of individual who are working together in groups towards the accomplishment of pre- selected objectives workers in organization work in-progress and group dynamics often result in the conflict of goals between individuals and other groups. Conversely motivation according to strauss and sayles, can be provided for workers, using the following methods


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