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Motivation Measures: Master of Business Administration
Motivation Measures: Master of Business Administration
PROJECT REPOERT
ON
MOTIVATION
MEASURES
AT
KASHI VISHWANATH STEELS LIMITED
IN THE YEAR 2009
Contents: Page no
Certificate of the Company i
Preface ii
Acknowledgement iii
Student Declarations X iv
Chapter 1: Introduction
Objective of Study ……………………………………………. 1
Scope of Study ……………………………………… ……... 2
Period of Study ………………………………………………. 3
Research Methodology …………………………………………
Limitation of Study ………………………………………………. 4
Chapter 5: Conclusion 40
Chapter 6: Recommendations 41
Chapter 7: Bibliography 43
Chapter 8: Annexure 45
PREFACE
There is more than one factor at work, which can ensure the
true compaction of project report. It is not the idea held on certain topic
that matter but it is a complete psychological process and there for
requires and in depth knowledge of the process of a project.
ACKNOWLEDGEMENT
DECLARATION OF STUDENT
Objectives of Study
Scope
Period
Research Methodology
Limitations
OBJECTIVES OF STUDY
PRIMARY DATA:
Primary data through interview with the workers and
executives using structured Questionnaire. I had distributed
questionnaires among the 100 employees and got response from 74
employees.
SECONDARY DATA:
LIBRARY RESEARCH: A number of books on MOTIVATION were
referred to collect theoretical background of MOTIVATION.
LIMITATIONS
1: Seven weeks are not sufficient to cover the various aspect outlines
in study because the area of research is wide and span of time was
very short. So it was not possible to go deep in study. .
give answer.
CHAPTER – 02
Introduction
Management System
Organizational Structure
Production Process
Products
SWOT Analysis
INTRODUCTION
KVSL not only produces final products but it also has a Melting
Division itself where we produce INGOT which is used to produce all the
products. As company itself produces Ingot hence the quality of that Ingot
is remarkably good. In laboratory all the required tests whether chemical or
mechanical, are conducted under the guidance of highly qualified
Professionals under ISO guidance. All the equipments and procedures
which are use to conduct Chemical as well as Mechanical tests on raw
materials used in Melting division to produce Ingot. On produced Ingot and
on final products KVSL are ISO approved. KVSL not only produces but it
also keeps an eye on safety as well as Environment conditions and
maintain standard to reduce pollution and to increase safety conditions
and this is the reason why KVSL hold ISO:14001.
Kashipur about 225 Kms from Delhi, 400 Kms from Lucknow,
150 Kms from Bareilly and 210 Kms from Dehradun, the capital of
Uttrakhand. Hilly area of Utttrakhand start from Kashipur onward and
the city of Kashipur, situated in Tarai, is the link between hills and plains,
thus heaving ideal location advantage for such a manufacturing unit.
PROPOSED EXPANSION PLAN
FUTURE PLANS
The company has always believed in planning for the future in order to
attain continuous growth. Part from the proposed expansion plan for the
existing steel manufacturing unit and keeping in line with the above said
policy, the company has plan enter into the field of HYDEL power
generation. A body has already been put in response to invitation by the
government of Uttrakhand, which is under an active consideration of the
authorities.
FISCAL INCENTIVES
100% income tax exemption for initial period of five years and
KVSL has a galaxy of more than 360 dealers in different cities of the
state of Uttrakhand, U.P, Delhi, Himachal, Haryana, Chandigarh,
Punjab, Rajastan, and Madhyapardesh. A close coordination among the
dealer, customer and management is maintained by KVSL’s qualified
professional marketing team.
Research & design standard organization (RDSO) and military
engineering services (MES), the two institutions representing India
Railways and Indian defense services respectively, which are known for
strict adherence to quality norms, have also included the product of
company in the approved list of vendors.
QUALITY POLICY
Managing Director
Director
Technical Adviser
Vice President
PRODUCTION PROCESS
Billets
Ingott Slabs
Rolling mills
Finished steel
PRODUCTS
TMT Powercon
CTC Bars
Square
Round
Channel
Angle
Flats
SWOT ANALYSIS
STRENGTH
WEAKNESS
Company does not trap builders.
They do not advertisement their products on TV.
OPPORTUNITY:
THREATS:
MOTIVATION
When one is fired from the belly and ready to take the difficult
path to achieve their goals and targets, they are said to be motivated.
And this is a strong feeling or urge. It is fired by internal, as well as
external factors. Thus, when asked what is motivation? The answer is
as simple as this: It is the driving force that keeps one going towards
one goal.
One of the most important factors that lead one to their goals
is the drive. This drive is known as motivation. It is a zest and
determination with a kind of excitement that leads one to persevere to
reach greater heights, in no matter what avenue of their life; be it –
personal or professional. The drive may come from an internal or
external source. The individual determines this.
4• Looking into employee needs and seeing that they are comfortable in
their work environment.
MOTIVATION
SELF MOTIVATION
Before one can motivate another, one must motivate us. One
must overcome a certain amount of one’s natural inertia. One of the
most common deterrents to human action is that of a tired feeling. This
tired feeling is due to emotional reaction within oneself.
GROUP MOTIVATION
The motivation of group is as important as self motivation. Others
can be well motivated, when they are informed ideas, plans, inventions
or systems. “Nothing can be done, no act can be undertaken, no
decision made, no thinking process brought to a real conclusion unless
and until the act of communication is made an inherent part of the
undertaking.” This communications of ideas, plant etc. can be made
effectively when certain personal qualities have been developed.
STEPS IN MOTIVATION
STEP -2-
This requires a selection of a specific tool pf motivation. An
executive, from personal experience, from the experiences of others,
and with the help for the personnel department, may draw up a list of
the devices that may motivate different types of peoples under different
circumstances.
STEP -3-
The executive should decide about the words, the tone of voice,
the gestures, etc. to be used and make a necessary rehearsal for their
proper use. Besides, it has also to be considered where and when
motivation is to be applied. The place and timing for this purpose are
important.
STEP -4-
This involves the finding out of whether an individual has been
motivated. If not, some other devices may be applied.
PROCESS OF MOTIVATION
NEEDS
ACCOMPLISHMENT OF GOALS /
SATISFACTION OF NEEDS
MOTIVATION TOOLS
INCENTIVES
- Job Enrichment
- Responsibility
- Promotion
- Competition
FINANCIAL INCENTIVES
NON-FINANCIAL INCENTIVES
1. Recognisation
Recognisation means acknowledging and appreciating the merit of a
person. A person aspires for recognisation; it acts as a good motivator
for example: a worker may be given a commendation certificate foe
achieving a high target. This will encourage competition among
employees to earn recognisation by working hard.
2. Status
Status is regarded as a symbol of power and prestige. Worker’s
promotion although at a slightly higher salary (even at the same salary)
will motivate him to work to gain the status.
3. Job Security
Job security is a good motivator. If an employee achieves a lifetime
employment, it will give ensured secured income throughout his life.
However it may also act as a treat to motivation as the worker may
become complacent when he knows that his job is secured.
4. Promotion
Promotion means transferring an employee to a higher job involving
greater responsibility with or without an increase in his pay. For
example: a PGP may be promoted to the post of satisfies Vice Principal
in the same pays scale or he may be prompted as a PGT in senior
scale. Promotion is a good motivator to include employees to work
hard.
6. Responsibility
Responsibility is also a challenge for an employee. Some people
prefer to take up responsibility. They consider it an opportunity to show
their capabilities and outshine other colleagues. It also act as a good
motivator as it satisfies their ego.
7. Challenging Work
High achiever type of employees is highly motivated if they are
assigned challenging work. It gives them an opportunity to show their
capabilities and to outshine other colleagues.
IMPORTANCE OF MOTIVATION
3. Willingness to work
Motivation influences the willingness of people to work and willingness
comes from within. A man may have a capacity to work and he may be
physically, mentally and technically lit for work but he may not be willing,
to work.
4. Good labour relations
In an organization all the members of the staff connect rate their efforts
to achieve the objectives of the organization and carryout the plans in
accordance with the policies and programmes laid down by the
organization if the management introduces motivational plans.
5. Basis of co-operation
In their zeal to produce more the members work as a team to pull the
weigh effectively, to get their loyalty to the group and to the organization
to carry out properly the activities allocated and generally to play an
efficient part in achieving the goals which the organization has
undertaken.
CHAPTER – 04
DATA ANALYSIS
Q. 1 Do you think your job makes the best use of your abilities?
a) Yes
b) No
c) Can’t Say
Sample Size 50
c
20%
a
a b
b 54% c
26%
a) Agree
b) Disagree
c) Can’t Say
Sample Size a b c
50 25 15 10
Sample Size 50
c
20%
a
a b
b 50% c
30%
a) Agree
b) Disagree
c) Can’t Say
Sample Size a b c
50 28 12 10
Sample Size 50
c
20%
a
a b
b
56% c
24%
Finding: About 56% of the employees find their job realistic where as
Q.4 Your co- workers are highly motivated and hard working.
a) Agree
b) Disagree
c) Can’t Say
Sample Size a b c
50 28 12 10
Sample Size 50
c
18%
a a
46% b
b c
36%
Finding: 46% of the workers find their Co – workers do not feel so.
Q.5 Every new idea given by any of the employees is given due to
some motivated Money schemes.
a) Agree
b) Disagree
c) Can’t Say
Sample Size a b c
50 22 8 20
Sample Size 50
c a a
40% 44% b
c
b
16%
Finding: About 44%of the employees agree that every new idea given
a) Agree
b) Disagree
c) Can’t Say
Sample Size a b c
50 28 14 8
Sample Size 50
c
16% a
b a b
28% 56% c
Finding: 56% of the employees say that their job offers them
challenging opportunities where as 28% do not agree it.
FINDINGS
1. Majority of employees i.e. 54% thinks that their job carries out
the best of their abilities.
6. About 44% of the employees agree that every new idea given
by them is due to a motivating money scheme.
CONCLUSION
From the study it was observed that most people said they
were satisfied with their present job and will recommend other to join
over than seven jobs. Designations are still a very important factor
employees.
workers.
best.
CHAPTER – 07
BIBLIOGRAPHY
Company website:
www.Kvsl.in
www. Google.com
CHAPTER – 08
Questionnaire
QUESTIONNAIRE
Q. 1 Do you think your job makes the best use of your abilities?
a) Yes
b) No
c) Can’t Say
Q.4 Your co- workers are highly motivated and hard working.
a) Agree
b) Disagree
c) Can’t Say
Q.5 Every new idea given by any of the employees is given due to
some motivated Money schemes.
a) Agree
b) Disagree
c) Can’t Say