Abstract
If a person is motivated, he becomes persistent, decisive, responsible, systematic and then, indeed, achieves better results. The focus of business on strengthening its influence in the market and increasing profits is correct and always promising. Thus, the question of motivation and its connection with leadership in entrepreneurial activity, which is based on the permanent consideration of the factors of the changing environment, are relevant. The purpose of the study is to determine the characteristics of the manifestation of leadership of an entrepreneur in modern conditions, as well as to justify the choice of a motivation system aimed at ensuring the success of entrepreneurial activity. On the basis of the conducted research, it was concluded that the leadership qualities of the entrepreneur and the motivation system he applies to his employees have a comprehensive impact on the development processes of both management and the success of the business structure as a whole. The presence of significant problems in justifying the choice of effective methods of material and non-material motivation of personnel was revealed. In the course of the study, the relationship between methods of motivation and components of the entrepreneur's leadership in modern conditions was substantiated. The specifics of using individual methods of material and non-material motivation depending on the existing situation at the enterprise (who is the manager-leader, what type of activity and who needs to be motivated for success) are analyzed. It is assumed that it is more effective to base the motivation system on the material component, and to apply the non-material one additionally, situationally or temporarily. The organizational aspect of the issue at the stage of starting a business and already existing business is also considered. Recommendations are provided for finding the golden mean between the entrepreneur's leadership and motivational tools when using different organizational management structures. It has been found that in modern conditions, achievement motivation works better than fines and reprimands, because it provides a feeling of freedom, self-worth, security, self-organization and special treatment.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.