Ownership psychology / employee ownership is an idea that focuses on economic and moral concepts or perspectives.
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Those who are drawn to the economic view point sees it as the pay-for-performance compensation arrangement.
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People drawn to the moral view point, see it as an opportunity to address an imbalance of power between employers and employees.
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The moral perspective argues for a sharing of power/balance of power between the two groups. I believe that employee ownership is a key ingredient in maintaining a high level of motivation in the workplace.
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Experience working in a collection agency is an example of connection of theory to observations.
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An economic perspective is taken within these agencies; in fact the job itself calls for a pay-for-performance compensation arrangement. Taking a moral stand would positively motivate employees, workers want to feel that they share ownership of problems and are part of the solution.
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To maintain motivation in large-scale organizations supervisors, managers and others in managerial positions must allow a balance of power, after all, lower level workers also bring in knowledge, initiative, problem solving skills and more.
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Questions:
- What are some factors that would lead to organizations resisting a change in incentive based programs?
- Describe the psychological make-up of an organization that has this "balance of power" with all levels of workers adding knowledge and problem solving skills.
-Michael Cardus is the founder of Create-Learning-Team Building, an experiential based training and development consulting organization, as well as a blogger for TeamBuilding NY. Mike specializes in team development and leadership development consulting and training, creating team-building programs that retain talented staff members, increase production and effectiveness of your team. He lives in Buffalo, NY, and travels to you to serve your team-building and leadership training needs, wherever and whenever fits your schedule.Motivation
