How to motivate employees with Financial Rewards

employee motivation management

EMPLOYEE MOTIVATION In developing approaches to motivate employees, managers should focus mainly on financial rewards It is a very difficult task for managers to develop methods and strategies to motivate employees. However, when they are focussed on the right techniques and information, then their task becomes pretty easy. Motivation is an integral part of the performance of employees. But the most important question is how to motivate your employees and how to devise the strategies. Also, the main question comes to mind that what strategies are needed to be devised…

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Ethics Vs Business: GD Topic – Best GD Topics

personal ethics vs business ethics

ETHICS VS BUSINESS INTRODUCTION The term, “Ethics” has been derived from the Greek word “ethos” which means custom or character. Ethics is based on well-founded standards of right and wrong which explains what humans need to do, generally in terms of benefits of society, rights, obligations, fairness & etc. Sometimes the exact meaning of “ethics” is hard to pin down & everyone has their own views about the word ethics which makes it a bit shaky. Whereas business is an organized effort of the individuals to produce and sell for…

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Google acquires Fitbit – The Deal

GOOGLE FITBIT INTRODUCTION Google has recently acquired Fitbit, after showing an interest in doing so from a long time. It is interesting to know that Google paid less to acquire YouTube(2006) & lesser to buy Android operating system in the year 2005. The step is considered beneficial for both, Google and Fitbit, as people will get to experience a better quality fitness tracker. Many of the fitness bands are now seeing this step as the biggest competition for their market. QUOTE “We understand this is a big responsibility and we…

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Walmart – The Retail Giant: GD Topic

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WALMART – THE RETAIL GIANT INTRODUCTION “Walmart” formerly known as “Wal-Mart Stores Inc.” based out of an American store has now become one of the world’s greatest retailers amongst the world’s largest retail companies. This company was founded by Sam Walton residing in Rogers, Arkansas in 1962, initially having its focus on rural areas for their expansion. Now its expansion rates are touching great heights by competing with top retail brands in the world. This giant is popularly known for selling numerous brands of products at the cheapest prices affordable…

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Importance of Networking: GD Topic – Best GD Topics

NETWORKING BENEFITS

IMPORTANCE OF NETWORKING   INTRODUCTION Networking is not just the exchange of knowledge, information with others — and it’s not at all about begging for favours. Networking is about establishing and nurturing long-term, mutually beneficial relationships with the people you meet, whether you’re waiting to order your morning tea, participating in a walkathon, or attending a conference. You don’t have to join any professional association and attend every networking event that comes your way in order to be a successful networker. In fact, if you take your eyes off your…

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Fall of Kodak | THE Kodak Failure: GD Topic – Best GD Topics

WHY KODAK FAILED

FALL OF KODAK – THE KODAK FAILURE A generation ago, a “Kodak moment” meant something that was worth saving and savouring. Today, the term, “Kodak” is used as an apparition to warn the executives to stand up and fight, when competition hits its way in the market. But while making such admonitions, somewhere, one forgets the struggles that the company Kodak has faced and what was the reason for its fall. INTRODUCTION Founded by George Eastman and Henry A. Strong, Kodak became a giant in the photography industry, in just a few decades. For…

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Facebook Vs LinkedIn: GD Topic – Best GD Topics

facebook vs linkedin gd topic

FACEBOOK VS LINKEDIN INTRODUCTION The world’s most popular and free social networking web sites, Facebook enables users to connect with friends and family by sharing status updates, personal photos and other items of interest. Founder Mark Zuckerberg created Facebook in 2004 while a student at Harvard, designing the site as a means for other university students to communicate and to socialize online. The idea quickly spread from there and has become a global phenomenon, with more than 160 million users in the United States alone. LinkedIn, business-oriented social networking site founded…

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