Abstracts by keywords: purpose
A key factor in employee intrinsic motivation is the meaning and purpose of their work. For example, if a company primarily aims to create social value and this purpose aligns with the personal purpose of its employees, this positively influences work motivation. However, if the company pursues a purpose that does not align with that of its employees—for instance, if the company is intended to increase the owners' wealth and the service provided is merely a means to an end—this has a dampening effect on motivation. (Dinos et al., 2016; Teichmann & Hüning, 2018) A purpose-driven company is one that aligns all decisions and activities with achieving its purpose. The private interests of the owners take a back seat to achieving the purpose, a principle so firmly enshrined in the articles of association that it cannot be changed by the owners alone. (Hoffmann, 2024; Hoffmann & Schumacher, 2023; Rey, Velasco & Almandoz, 2019)