Curious Observation – First Step in Decision Making Process
February 12, 2025
The recent Cambridge Analytica scandal has ended up putting companies like Facebook in hot water. The common man has now become aware of the fact that companies like Facebook have access to a lot of personal data. They have also become aware of the possibility that Facebook could use let third parties access some of […]
Innovation The well known management expert, Peter Drucker throws light on the “sources of innovation” as well as the role that management and the employees have to play in fostering a culture of innovation. For instance, there is a lively debate among experts as to whether innovation is a result of creativity or can be […]
Formula Price to Sales Ratio = Current Market Price / Reported Sales Revenue Many companies state their revenue after removing the effects of onetime events whereas others continue to state the revenue without any adjustments. Meaning The price to sales ratio tells an investor how many dollars they are paying for every dollar that the […]
Almost all of the tech giants in the world today are trying to launch their version of self-driving cars. Diverse companies like Google, Uber and even Apple are all queuing up, trying to create the first driverless car which will be used by consumers. Up until now, these companies have made some progress. However, neither […]
Employees are indeed true assets of an organization. Managers need to know their employees well to expect them to contribute their level best and also to remain loyal towards the organization. Employees need to feel valued and important at the workplace for them to deliver their level best. Knowing employees well leads to a healthy […]
Morale can be defined as the total satisfaction derived by an individual from his job, his work-group, his superior, the organization he works for and the environment. It generally relates to the feeling of individual’s comfort, happiness and satisfaction.
According to Davis, “Morale is a mental condition of groups and individuals which determines their attitude.”
In short, morale is a fusion of employees’ attitudes, behaviours, manifestation of views and opinions - all taken together in their work scenarios, exhibiting the employees’ feelings towards work, working terms and relation with their employers. Morale includes employees’ attitudes on and specific reaction to their job.
There are two states of morale:
High morale - High morale implies determination at work- an essential in achievement of management objectives. High morale results in:
Low morale - Low morale has following features:
Though motivation and morale are closely related concepts, they are different in following ways:
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