Tuesday 26 November 2013

Was his Motivation Management Style successful?

Warren Buffet Motivation
  • The process of arousing and sustaining a goal-pursuing  behaviour.
  • Warren motivates his employees by applying the Theory Y
  • His essential task of management is to arrange conditions and methods of operation so that people can achieve their goals best by directing their own effort toward organisational objectives.
  • Motivate people with respect and showing them trust & forgiveness.
  • Build an emotional bond to the company and make them feel connected and appreciated.

o   Make the employees become strongly identified to the company and allow them to create a more affective commitment.
  • He doesn't value spontaneous decision- making, but a rational approach that encourages flexibility & open mindedness.
  • He has the ability to influence situations and values personal responsibilities & accountabilities.
     His successful motivation management style has led his employees into a good shape.  With those kinds of motivational methods, the leader personally would definitely motivate me. There are ways to get more of the commitment out of the employees; make the company a family, where everybody feels connected and that politics in the company is shallow. Having each other taking falls of another would help to improve their flaws in the future. As the face of Warren Buffett was valued as a professional investor and the representative of Berkshire Hathaway, the company had less competition with other companies. There was no need for increasing the competitive spirit among the company, the employees felt included; therefore, they work for the company with passion. I think that the way Warren motivates his employees is extremely effective as the work given to the employees are according to their ability and accountability. That way, employees wouldn’t have much to complain about, the superior has spoon-fed them so much. They would be keen to pursue their job and work their way up in the company with enthusiasm.

      

No comments:

Post a Comment