Final answer:
Managers can motivate high-performance teams with recognition, development opportunities, and autonomy and empowerment.
Step-by-step explanation:
In addition to monetary rewards, managers can also motivate high-performance teams with the following actions:
- Recognition: Managers can motivate teams by recognizing and acknowledging their achievements and hard work. This can be done through verbal praise, employee of the month programs, or other forms of recognition.
- Development Opportunities: Providing opportunities for team members to learn and grow can be a motivating factor. This can include training programs, mentoring, or giving employees the chance to work on new and challenging projects.
- Autonomy and Empowerment: Allowing team members to have a sense of ownership and control over their work can increase motivation. Giving them the freedom to make decisions, take initiative, and have a say in the decision-making process can be highly motivating.