Final answer:
Understanding what motivates someone benefits you and others by enabling you to tailor rewards and incentives that inspire them to excel. Internal and external motivators can impact employee performance, leading to higher productivity and job satisfaction.
Step-by-step explanation:
Motivation is important in the workplace because it drives employees to perform at their best and achieve organizational goals. By understanding what motivates someone, you can better tailor rewards and incentives that will inspire them to excel. There are two types of motivators: internal and external. Internal motivators, such as personal satisfaction and a sense of accomplishment, come from within the individual. External motivators, on the other hand, are driven by external factors like recognition, bonuses, or promotions. Both internal and external motivators can have a significant impact on employee performance, with the right combination leading to higher levels of productivity and job satisfaction.