Business Fit Magazine November 2018 Issue 1 | Page 24

Mindset & Emotion year and other tangible assets while others are not? Can’t those who are searching for fulfilment not simply take the extra money, bonus and pay raise to invest it in what is meaningful and fulfilling to them? The answer is not so simple. Employees could pay for their own membership at a gym, but the meaning is different if the employer actively helps to facilitate this for their work force. Team Motivation – It’$ all about Mon€y , i$n’t it? MaLish Have you ever asked yourself why some teams have an amazing team spirit and are motivated and others, even within the same company and department are not? As a team leader: What keeps your employees going beyond the standard for you? As a team member: what makes you walk the so-called extra mile? be thankful that we don’t have to fight for food and clean water. Still we are all on different “satisfaction levels” in Maslow’s term. Finding out where each team member is standing is one of the most challenging tasks of a team leader. How can we find out what motivates each team member? Motivation and satisfaction of needs To keep a team motivated they should feel that: We are human beings and all made up of the same molecules. Why are we so different in our motivation, aspiration, dreams and wishes? One of the first people to think and publish about this phenomenon was Abraham Maslow. In his pyramid of the “hierarchy of needs” he tells us about different levels of needs. On the bottom of the pyramid are the basic needs, these need to be satisfied first. But once achieved they do not motivate further. That means: after having enough food, safe shelter, enough money to survive and a job, people are looking for self-fulfilment and self-actualisation. In our Western world we can 24 • Their management trusts them • The goals set are S.M.A.R.T. • The internal communication is transparent • They are empowered to lead themselves Which leads to: • Increased productivity • Enhanced commitment in work performance • Psychological job satisfaction Balancing monetary and non- monetary aspects Why are some employees motivated by more money, higher bonuses, salary increase each What is in it for companies, how do they profit if they balance both aspects (monetary and non-monetary): • A good example is the wish of an employee to work in another country. Why not send them to one of the subsidiaries? This will create a win/ win situation: your employee is helping to build /increase know how and processes on the one hand and the company will benefit from intercultural interaction and understanding on the other hand. • People are motivated if they have an employer who thinks outside the box – even if they don’t make use of the gym membership or the sabbatical – it’s still seen as a plus. • Another bonus for the company is that non- monetary remuneration can also help to build the brand and attract future employees. How do you implement it? It all sounds amazing doesn’t it? Now the question is how to get there? First listen to your employees. They are telling you all the time what they are missing and what their trigger points are. These days money motivators are not working anymore. Society is changing, work/life balance is more important than driving a fancy car. We are dealing with a different generation of employees and they value different things. A one-size fits all strategy does not work anymore. Motivational factors must be seen as a foundation. If your teams are motivated they will be passionate and enjoy working for the company which leads to loyalty, during good times and bad. If a team is motivated, they will be engaged and contribute to the group’s performance. As leaders we need to understand what motivates each individual in our team and we should be able to manage them accordingly. In our opinion, It is more important that the team members feel great about the work they are doing, rather than them doing great work. To quote Rob Boegheim, Managing Director & Chief Explorer at Hema Maps: “The most effective motivation occurs when the team understands and accepts the mission and goals of the organisation. Motivation begins with hiring talented individuals who believe in the company. It then continues when those individuals are allowed to exercise their talents and creativity freely with full support of management”. Source www.Forbes.com/-The BestWayToMotivateEmployeesAndGetResults With our experience from being team members and team leaders in the corporate world and now having our own consulting and coaching company, we specialise on teams and all aspects of how to motivate them and make them successful. If you are interested to learn more www.malish.global/contact Lilli Rohde, Co-founder MaLish, Business strategist, international Speaker and international Coach Lilli managed international sales teams, implemented systems, tools and processes on a global scale and launched successful products in her time within the Food and Beverage industry. Maike Benner, Co-founder MaLish, Business strategist, Finance expert and international Speaker Maike has supported, managed and led various projects in her professional and volunteer life. Her analytical, communication and project management skills have made her an expert in the field of system implementation, workshops and trainings. www.malish.global 25