Posts Tagged ‘Effective’
How to write an effective business plan. How to perform market research on local marinas?
I am writing a business plan to open a new marina. I have been to S.C.O.R.E. and I am having a difficult time with market research and what the expectations of a business plan really are.
Intrinsic Or Extrinsic Motivation – The Most Effective Way To Motivate Employees
Before we go in to look at what Intrinsic and Extrinsic motivation is in the first place, it is thus vital to understand what motivation is and why is it important to motivate employees. Hence so, motivation could be defined as the driving force within individuals that encourages them to go ahead and perform the tasks, in order to achieve their intended needs and expectations. In other words, it is a set of reasons that eventually drags an individual to perform a particulat task convinicng that they could fulfil their needs and expectations, once the task is performed.
How is it possible to motivate employees ? and Why ?
Motivating employees is not an easy task, due to the fact that what motivates employees seems to change overtime. To say, different employees are motivated in different ways according to their needs. For example, one employee will be motivated to do his task by way of responsibility, while on the other hand another employee will be motivated by monetary rewards. However, it is possible to motivate an employee only if they want to be motivated. As a result, it is thus vital to identify the reason and create the atmosphere that encourages the non-performing employees to refresh and motivate themselves. In other words, it is thus important to try and find out what really motivates the employee. Trying to motivate an employee by wrong means could thus lead to a waste of money, time and so on, while paving way to de-motivate the employee more.
Having said that, highly motivated employees are considered to be true assets for any organization. Once motivated, they basically tend to be more productive, energetic, and very mush eager to take on additional responsibilities, and thus pleasant to be with and work with. Howvever, on the other hand it should be said that there also tends to be non performing employees as well almost in every organization. Therefore, in such circumstances they basically have to look for deal with the obstacles by going and identifying the unmotivated employees and turning them around if the organizations are to be successful. In spite of that, when it comes to motivating employees this could be done intrinsically or extrinsically by using either intrinsic or extrinsic rewards.
Intrinsic Motivation
when it comes to intrinsic motivation, this basically means that employees are motivate to do a particular task because of the pleasure or satisfaction that they get in performing the task itself. In other words, intrinsic motivation comes from within an individual rather than from extrinsic rewards such as monetary incentives etc. An employee who tends to be intrincically motivated could be motivated by internal factors such as recognition, responsibility, growth and advancement. If an employee is to be motivated by intrinsic rewards, then this means that what the employee really wants is a job that interests him, a challenging work environment, and the responsiblity to perform the task etc in order to motivate him. For example, an intrinsically motivated person will perform a task given to him willingly, either because he might find the task challenging or else interesting and satified with completing it. To say, and not with the intention of getting other rewards. This is due to the fact the external rewards hardly motivate these employees. As a result, intrinsic motivation tends to be very much effective in the long run as the employees perform the tasks willingly because it interests them, rather than trying to escape from it once the job is done.
Extrinsic Motivation
Extrinsic motivation on the other hand is when the employees are thus motivated by means of external rewards. External rewards bacically consists of monetary incentives and grades etc. The employees are involved in performing a particular task is because of the external rewards that gives them satisfation and pleasure, and not because they are interested in it. In other means, extrinsic motivation drives an employee to do things specially for tangible rewards or pressure, rather than for the fun of it. Extrinsic motivators can be either positive or negative. To say, it is thus possible to use positive motivators such as monetary rewards or negative such as threats or bribery to motivate them extrinsically. Extrinsic motivators basically focusses the employees on rewards rather than actions. For example, employees will perform tasks though they are not quite interested in it, thus because of the rewards involved with it. To say, some people will not want to do the work willingly, but rather they are motivated to do so by external rewards. However in reality, extrinsic rewards do motivate employees only short term. This is because the extrinsically motivated employees will do their work only as long as they receive their rewards and therafter will stop performing the tasks, once the rewards are no longer there.
What is the most effective way to motivate employees ?
Having looked at both the intrinsic and extrinsic motivation, it could be said that intrinsic motivation is far stronger than extrinsic motivation when it comes to motivate employees in the long run. This is because the intrinsically motivated employees will continue to perform better day after day as long they find the work interesting and satisfied. It doesn’t mean that extrinsic motivation should not be used, but this is not the ideal way to long motivate the employees. To say, extrinsically motivated employees will only find what they do to interesting as long as they receive the rewards which can either be positive or negative. And hence in order to motivate them to increase performance, then they will have to be given more rewards than before. If not, they will only be de-motivated. Not only that, but once the employees are given extrinsic rewards they will no longer be intrinsically motivated, but rather depend on rewards to keep them motivated therafter. That is why it is vital to try and motivate employees intrinsically by trying to explain how it will help them to develop and encouraging them by offering more challenging work, giving responsibility and recognition for the work done etc. This will in turn lead to enhance performance by motivating them to meet the long term success.
Shameena Silva
Bachelor of Hospitality Management ( Australia), MBA (U.K.)
e-mail: shameena_silva@yahoo.co.uk
What Are Some Of The Most Effective Marketing Strategies For A Home Based Business Of Selling Travel?
I have been running a home based online travel business, specializing in trips to South America for about 3 years now. I am still trying to find out the best way to spend the money I set aside for marketing/advertising. I found out that trade shows are too expensive and do not produce results I’d hoped for. Is it worthwile hiring a PR/Marketing consultant?
Thank you
Analia Rupar
Eureka Travel
Traditional Marketing Wont Cut It For A Really Effective Small Business Marketing Strategy
In a new series of business TV shows with an internet strategy focus, online social marketing guru David Meerman Scott explains how to put together a small business marketing strategy that will hav…
What Do You Think Are The Most Effective Marketing Strategies For A Small Business Just Starting Out?
There is actually no perfect formula for effective marketing strategy, regardless of the business size. However, I suggest that you need to be spontaneous about your marketing efforts. You should also learn the power of viral marketing— this perhaps, is the most effective and fastest way to market your business. In doing this, you could start marketing your business to your relatives and friends, and ask them a favor to recommend your business to their friends and colleagues. You should also be able to supply your marketing efforts with printed materials like business cards, leaflets, posters, etc. Also, having a website helps too. Try making a simple one and submit your url to search engines and directories. Goodluck!
Maryhttp://onlinepr.gbwatch.com/
Secured Business Loans: Handle your Business in a More Effective Manner
It is quite true that every businessman strives to expand and grow his or her business. However, making this dream true is quite tough, as this dream requires a lot of efforts and financial resources. Since most of the newcomer business owner faces various problems in arranging finance for running their business smoothly, lenders and financial institutions are offering special business loans, so that these business owners may achieve the desired level of success. In fact, business loans are a good way to arrange funds for meeting day to day and long term requirements of a sapling business. At present, banks and financial institutions are offering business loans to every kind of business. For that reason, not only sapling but well established business is also getting their business expenses financed through these loans. In fact, these loans are helping business owners to put their business thought in a more prolific manner, as financial shortfall is not restringing them from making any crucial decision. When it comes to selecting an affordable and reliable business loan, most of the business owners prefer to go for secured business loans. In fact, these loans are a suitable finance manager for managing every major and minor financial requirement of an organization.
Once the business owner has sufficient funds to meet his or her business requirements, he or she can easily fulfill the dream of expending the business. Since money is the basic requirement for every business, ever business owner needs to secure a financial solution that may enable him or her to execute every business plan properly. Secured business loans are one of those effective financial resources that give a business firm financial baking. With these loans, a business owner can fulfill a wide range of business requirements right from financing a new business venture to making investment.
Secured business loans are pledged against any high valued property. Basically, these loans demand machinery, business premises or plant as collateral so that the lender may recover the loan amount in case of default payment. With these loans, the expenditures of a business organization can be covered; these expenditures involve salary of staff members, furniture, building rent, transportation cost and may other day to day and major expenditures. Therefore, if you are planning to start a new business or want to expand the existing one, then these loans can prove to be the best financial help for you.
Usually, secured business loans carry lower interest rates, as the risk factor is covered by the collateral. However, if you are worried about interest rates of current business loans, then do a thorough analysis of the current financial market, as it will help you in finding out the best loan deal with a reliable lender. In fact, internet is the best way to get the most updated information about available financial option for you business. Therefore, if you are looking for a reliable financial solution for your business, then these loans can prove to be a good option for you.
Effective marketing strategy through SEO services Company
Effective marketing strategy aims at top search engine results for a desired website. Companies have started tapping Internet customers to convert dormant visitors into prospective customers. Internet marketing is not an easy job. It requires complete knowledge and skills about the internet marketing field. Reputed Companies are taking Seo services from professional Seo Companies. SEO Companies sell their clients products and services by creating awareness amongst the customers. Internet customers are not attached with their Companies directly, nor can they interact directly with their customers. Internet marketing is not a small market. It is full-fledged marketing network with numerous options on a particular product,SEO services are based on algorithms and research done for up-to-date Seo services for a Company. Knowledge and expertise along with latest infrastructure back-up are distinguishing factors for customer support. Customers have always been extra-smart and extra-inquisitive about products and services. It is the primary goal of all SEOs to create marketing and promotion tools and create best interest in the minds of customer. SEO Companies employ tactics like pay per click, Seo consultancy, link popularity, affiliate marketing and above all search engine marketing. SEO Services aim at popularizing the website amongst the niche in search engine. SEO services are one of the best in positioning a brand in search engine. Visitors are inclined to search for sites that rank high in search engine. Different SEOs promote Companies by optimizing the site in search engine and monitoring the site as per details. The trick is to keep the site amongst high ranking search engine. It needs lot of efforts, on the part of search engine to promote SEO Ethics and strategies. Search engines change their algorithm to create authenticity in Seo working. In case the SEO Service Company is using any unconventional services that are not practiced in search engine, then they are immediately recognized and given due notices for such unethical; services. SEO Service Companies are ultra-professional in approach. They bring a substantial visibility for a desired website in search engine. SEO is Keyword research and optimization to drive traffic for a particular website. It is the best possible tool to promote a website in search engines. for more details on Search Engine Optimization Company and Link Building Company visit on our website
Article Marketing Made through Manual Submission is The Most Effective Article Marketing Strategy
Article Marketing Made through Manual Submission is the most popular method among many experienced article marketers. Of course, I don’t say that they never use massive article marketing service, but I mean they mostly prefer manual article submission. I’ve always thought about the main reason why many internet marketing gurus consider this the most effective article marketing strategy. Now in this article, I’ll share my research results.
Article Marketing Made through Manual Submission – Why Is It The Most Effective Article Marketing Strategy?
Here are top 2 Reasons:
1. Manual Article Distribution is More Reliable.
I think the first important reason is that such kind of article submission is more reliable. Why? – Because when you submit each and every article manually, you choose only a few directories and after submission you ensure article is already online.
But could you do this with massive distribution with software? Then you would have to visit each and every article directory from those 100 or more sites and check if your article is live. This would tire you fast and a few days later you would certainly quit doing this routine.
2. Manual Article Distribution is More Productive
Why? – Because you choose only the best (do-follow, highest pr) sites for manual submission to get maximum results for minimum efforts. Therefore finally you get more productive results.
I think for these top 2 reasons some internet marketers often use manual submission for the most effective article marketing.
Conclusion:
Article marketing made through manual article submission is more time-saving, more productive and more reliable. This is like to working according to 80/20 principle.
Easy And Effective Small Business Marketing Ideas
http://www.simplemarketingp… How to get the most out of the new program designed to help solopreneurs learn, implement and benefit financially from their marketing strategies. Stay on top of yo…
Effective Techniques For Interactive Internet Marketing
Chadi El Chemali, internet marketer with BigTicketToWealth, explains three techniques of interactive internet marketing which are SEO, Web Flash and automated Customer Service . To learn more about…