Motivation is a complex topic. Students of management are often required to become familiar with the many motivation theories that have been proposed over the years. They include Maslow's Hierarchy of Needs, Herzberg's Two-Factor Theory, Expectancy Theory and Equity Theory. Managers are often faced with finding practical ways to motivate people. In the earliest years, managers wanted to motivate workers to achieve higher productivity.
In more recent times, managers have grown increasingly interested in finding ways to motivateand challengeworkers to keep them from seeking more challenging opportunities elsewhere. In short, motivation has become of interest as much for its retention value as for its productivity improvement value.
In
modern thinking about talent management, retention often takes
the center stage. Much has been written about it. Rothwell
(2007) developed an instrument to measure how often organizations
are using the existing 100 best practices and research-based
approaches to retain workers. It is, after all, pointless
to devote much time and effort for recruiting, selecting and
developing High Potential (HiPo) talent without taking decisive
steps to protect that investment by retaining those HiPos.
But less has been written about retaining current leaders
than about retaining the most promising next generation successors. |