Motivation and Organisational success in UK based company
By
ACKNOWLEDGEMENT
My mentor, my family and my loved ones confidence in me made this research possible. Without their confidence and support, I would have never been able to conduct this research. Hence, I would like to say thanks to them for their guidance through out this research.
DECLARATION
This research is my own work and the ideas presented in this research are only mine. The research has been done by me in person and is being submitted for the first time for any educational purpose. This research has been conducted by me without any help and aid from anyone.
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EXECUTIVE SUMMARY
This research focused on how the motivation impacts the organisational success. The case study of the research was Barclays UK. The research aimed to answer the following questions:How Barclays bank motivates its employee? What are the success factors for Barclays bank? How the bank competes in the international market and how organisational environment and culture plays a role in its success? The researcher used mixed research method and used questionnaire as the instrument for data collection. This research proved useful as the research touched many new aspects of motivation. The researcher did extensive study and studied the behavior of the employees of Barclays. At the end of the research, the researcher gave recommendations as to how to improve the motivation level of the employees at Barclays.
TABLE OF CONTENTS
ACKNOWLEDGEMENTII
DECLARATIONIII
EXECUTIVE SUMMARYIV
CHAPTER 1: INTRODUCTION1
Background1
Rationale2
Aim2
Research Objectives2
Significance3
CHAPTER 2: LITERATURE REVIEW5
Motivation5
Costs Associated with Motivation10
Historical Viewpoints11
Maslow's Theory12
Other Motivational Theorists16
Frederick Herzberg Motivation Theory17
McClelland's Needs Theory18
Factors that Influence Motivation20
Feedback20
Employment status21
Perception of organisational success22
Leadership style22
Employee satisfaction24
Motivational Challenges25
Changing needs of employees25
Age diversity26
Gender diversity28
Ethnic and cultural diversity29
Teamwork29
Economic climate31
Personal issues31
CHAPTER 3: METHODOLOGY33
Research question33
Introduction33
Research Design34
Instrument for data collection35
Sample35
Data analysis36
Role of the Researcher37
Reliability/Dependability37
Ethical Considerations39
CHAPTER 4: DISCUSSION40
Company Overview40
Business Description40
Motivation and the banking system42
Literature Review Analysis45
Quality of service in Barclays45
Motivating employees at Barclays46
Data analysis50
Questionnaire analysis50
CHAPTER 5: CONCLUSION AND RECOMMENDATION68
Conclusion68
Recommendations for Barclays to improve motivation of employees70
REFERENCES71
APPENDICES80
CHAPTER 1: INTRODUCTION
Background
This research focuses on Barclays bank Glasgow branch. Barclays has been operating in the banking industry for past thirty years and is known as the banking expert. There are more than 145000 employees of Barclays in all of its branches and various services are being provided to customers. Barclays helps the customers to maximise the return of the customer. The customers are advised by the employee as to how to move, lend and protect money. Barclays is known as the safest investment for the customers because it minimises the risk associated with investment. Barclays is aware of the fact that they as organisation can only compete if and only if they have motivate and skilled employee. Being a service industry, motivation is very important to satisfy the clientele. If the employees are dissatisfied and does not enjoy their work, then the bank may lose its clients.
According to research by Locke (1976), there are many factors which affect the motivation level of the employees. These factors can be age, sex, education, designation and the tenure of service within the organisation. If the employees are motivated then ...