May 24, 2013

Six Key Factors of Motivation Every Businessman Should Know


Motivation factorsHow can you motivate your employees? In this video, Ed Muzio, president and CEO of Group Harmonics, uncovers the six hidden factors of motivation. To motivate employees, he imparts two insights: one is understanding your employees’ motivation factor and the other, advertising (or uncovering) to the other person your own motivating factor

Muzio notes that what seems a trust issue in a work setting may be a conflict with motivation. He says that motivation is like the submerged part of an iceberg; you can’t see it. However, it drives the outward behavior of a person. He argues that motivation can be understood. He further explains that each one of us is motivated by a combination of one or two of six simple factors.

The first factor is truth. People who are strong in truth factor are all about learning the right answers. The second factor is results. People who are results-driven focus on things like the bottom-line (e.g. ROI). They want to spend their time and money wisely. The third factor is power. People high in this focus on their own role. The fourth factor is assistance. Assistance-passionate people focus on helping others. The fifth factor is form. People high on this factor are very attentive to their own subjective experience. Muzio notes that this subjective experience is something positive. The last factor is structure. Structure people are motivated to find consistency. He notes that conflict can arise if employees and employers follow different factors.

You can’t change someone’s motivation says Muzio. But you can do two things to help the situation. First, you can learn what motivates someone. Do it by asking why. The other way is to advertise your motivation. Muzio says learning other people’s motivation and letting others know your own at the same time brings motivation above the surface, making it overt and transparent. He advises you to learn other people’s motivation and advertise yours to improve communication and trust.

Run time: 4:20 minutes

Watch the video to learn more.

What other ways can you explicitly show what motivates you? Do you know of other ways to motivate employees? Share your insights in the comment section below.

 


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