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Employee Motivation in the Professional Services Industry

Evilevitch, Anton LU ; Wignell, Valentina LU and Cassel, Julia LU (2018) FEKH19 20181
Department of Business Administration
Abstract
The purpose of this study is to understand interest alignment and potentially competitive advantage within management consulting firms, as a consequence of the firm’s ability to incentivize and motivate its employees. In doing this, the authors examined various interest-aligning incentive mechanisms and their linkage to a specific firm’s competitive advantage.
The findings of this paper indicate that the use of a mix of interconnected incentive mechanisms are related to the case company’s competitive advantage, as they contribute to interest alignment. The firm adopts various incentive mechanisms which can be linked to the agency theory, as well as aspects of the RBV linked to competitive advantage. This linkage proves interesting for... (More)
The purpose of this study is to understand interest alignment and potentially competitive advantage within management consulting firms, as a consequence of the firm’s ability to incentivize and motivate its employees. In doing this, the authors examined various interest-aligning incentive mechanisms and their linkage to a specific firm’s competitive advantage.
The findings of this paper indicate that the use of a mix of interconnected incentive mechanisms are related to the case company’s competitive advantage, as they contribute to interest alignment. The firm adopts various incentive mechanisms which can be linked to the agency theory, as well as aspects of the RBV linked to competitive advantage. This linkage proves interesting for future research of interest alignment in PSFs. (Less)
Please use this url to cite or link to this publication:
author
Evilevitch, Anton LU ; Wignell, Valentina LU and Cassel, Julia LU
supervisor
organization
alternative title
A case study on employee motivation through incentives and its effect on competitive advantage within top tier management consulting firms
course
FEKH19 20181
year
type
M2 - Bachelor Degree
subject
keywords
Incentives, Motivation, Agency Theory, Resource-based View (RBV), Professional Services Industry (PSF), Management Consulting
language
English
id
8956967
date added to LUP
2018-10-05 08:28:12
date last changed
2018-10-05 08:28:12
@misc{8956967,
  abstract     = {{The purpose of this study is to understand interest alignment and potentially competitive advantage within management consulting firms, as a consequence of the firm’s ability to incentivize and motivate its employees. In doing this, the authors examined various interest-aligning incentive mechanisms and their linkage to a specific firm’s competitive advantage.
The findings of this paper indicate that the use of a mix of interconnected incentive mechanisms are related to the case company’s competitive advantage, as they contribute to interest alignment. The firm adopts various incentive mechanisms which can be linked to the agency theory, as well as aspects of the RBV linked to competitive advantage. This linkage proves interesting for future research of interest alignment in PSFs.}},
  author       = {{Evilevitch, Anton and Wignell, Valentina and Cassel, Julia}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Employee Motivation in the Professional Services Industry}},
  year         = {{2018}},
}