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Theories of Motivation and Their Application in ...

44 International Journal of Innovation and Economics Development, vol. 3, issue 3, pp. 44-51, August 2017 International Journal of Innovation and Economic Development ISSN 1849-7020 (Print) ISSN 1849-7551 (Online) URL: DOI: Volume 3 Issue 3 August, 2017 Pages 44-51 Theories of Motivation and Their Application in Organizations: A Risk Analysis Reuben M. Badubi School of Management, Wuhan University of Technology, Wuhan, China Abstract: The aim of this paper is to compare and contrast the Theories of Motivation and how they are used to inspire employees to develop the drive to achieve. The importance of Motivation in organizations and job satisfaction is vital for the achievement of organizational goals and objectives. The consequences of organizations operating without any purpose of Motivation towards its employees are far catastrophic, such as depression, turnover, burnout which can derail the success of organizations.

Keywords: Motivation, Job Satisfaction, Intrinsic, Extrinsic 1. Introduction In all enterprises whether private or state owned, motivation plays a key role in driving employees towards achieving their goals, organizational goals and to a certain extent the dreams of their nations. There are many theories of motivation, and they mostly give a

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