Impact of Energy Crisis on Workforce Motivation and Organizational Performance

Abstract

Rising energy prices are having a major effect on morale in the workplace, in addition to being a financial burden. A positive and negative side effect of this crisis is that it is making people think about sustainability and environmental issues. Although it brings attention to the issue, it has the potential to cause future anxiety. Economic stress, ecological degradation, and geopolitical unrest are far-reaching consequences. To better understand how the authors arrived at this crossroads, this chapter examines the background of the energy crisis. After that, it delves into the present-day consequences of the crisis, taking stock of both the big picture and the influence on organizational motivation in particular. This chapter uses ecological data, ideas from organizational behavior research, and modern management studies to explain the intricate relationship between energy insecurity, employee well-being, and organizational performance. The examination delves further than just listing the issues. Sustainable energy practices are emphasized as a critical component in the solutions that are explored. To provide a foundation for crisis response techniques, this chapter reviews research articles, industry reports, and pertinent publications. Ethical leadership, long-term HRM strategies, and putting workers' needs first in trying times are all emphasized in this approach. The ultimate goal of this chapter is to provide leaders with the information they need to successfully handle the energy crisis. Organizations may not only survive the storm but thrive in the face of future storms by cultivating a workforce that is both engaged and driven to embrace sustainable practices.