Employee Motivation in the Professional Services Industry
(2018) FEKH19 20181Department 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:
http://lup.lub.lu.se/student-papers/record/8956967
- 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
- 2018
- 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}}, }