Essay on Motivation at Norsk Petroleum - 900 Words

Work Motivation Motivation at Norsk Petroleum SUBMITTED BY: S. L. REAMS MGT302 :: Org. Behavior and Teamwork Module 1 – Case Assignment Trident University 22 July 2013 The word motivation is derived from the Latin word â€Å"movere† which means â€Å"to move† and it is defined as an internal drive that activates behavior and gives it direction. Motivational theory looks at the processes that activate and direct human behavior and it can be divided into two categories, content theory and process theory. Although no motivation theory is universally accepted both content and process theory can be applied to the Norsk Petroleum scenario. Content theory is focused on the internal factors that guide human beings, as opposed†¦show more content†¦According to Herzberg’s hygiene factors and diagram it can be seen that in up to 6% of cases problems or complications within one’s personal life can be the cause of occupational dissatisfaction. (Chapman, nd) Lisa Bohm clearly did not utilize any effective retention techniques. I would recommend to her that she offers a retention technique that is more applicable to the unique needs of the employees in which she is attempting to retain. In the case of Elizabeth Pedersen, Lisa could have easily offered to give Lisa a position of greater responsibility and variation of subject matter. I believe that this would have been a great motivator in order to retain Lisa. Ola Renamo’s situation is also easily handled if the necessary motivators are met. I would have suggested to Ola the possibility of working from home a few times a week in order to be closer to family therefore retaining the organizational talent. Another recommendation that would benefit Lisa would be to engage in generic benchmarking to find out what other companies are doing to retain their employees and consider their strategies to see if any of them would be effective at Norsk. By following these recommendations, Lisa will be able to turn around the hemorrhaging of talent and do a better job of human capital management. By being proactive and taking steps before employees are ready to leave, she will have more leverage in her attempts to retain them, and ifShow MoreRelatedRisk Mitigation Using Joint Venture Agreement in the Upstream Petroleum Industry15328 Words   |  62 PagesTHE UPSTREAM INDUSTRY (A CASE STUDY AND MODELLING APPROACH) BY SODE ADESOJI O. (51124473) AUGUST 2012 A Dissertation Presented In Partial Fulfillment Of The Requirements For The Degree Of MSc. International Business Energy And Petroleum At The University Of Aberdeen DECLARATION I declare that this thesis has been composed by myself, that it has not been accepted in any previous application for a degree, that the work of which it is a record has been done by myself, andRead MoreChina in Africa Essay20116 Words   |  81 Pagesdimensions of agrarian change, including state–smallholder relationships, cannot be ignored. Further, efforts have to be open to timely measures to subsidize and protect smallholder farmers and their organisations to give them the economic means, motivation and self-esteem to produce for national staple food markets and to compete more fairly with capitalized farmers elsewhere. These measures have to be individually tailored to the many agricultural and food production systems of the continent. ConsiderableRead MoreCost Accounting134556 Words   |  539 Pageschosen which reflects to the best possible extent a matching of the costs incurred with the benefits received. The resulting allocated costs must be used with care, if at all, in any decision-making context. 10–11. Examples include timber, livestock, petroleum, real estate development (produces lots), railroad (many cars on the same train), and many other processing industries. 10–12. The costs of disposing of scrap can be reduced or eliminated. In fact, wood scrap may provide incremental revenue for the