Each of the three models(managing-directing-engaging

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How important is staff motivation to successful leadership in each of the three models(managing, directing, engaging? Which is more important -- 1) economic motivation (defined as performance bonuses, profit-sharing, etc., not as base salaries or wages), or 2) psychological motivation (i.e. feeling part of a team that is achieving something meaningful)? If you could only have one or the other, which form of motivation would contribute more to sustaining a successful business? Why?

Reference no: EM132115178

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