Much has been said and written about work motivation since the advent of modern organizations. Management theories of motivation have focused their input on the identification of external stimuli that could be operated by organizations and over, the managers, with a view to stimulate the motivation of individuals. This article proposes a reversal of approach. Work motivation is understood as a highly dynamic individual resulting from the investment activities of three registers: Bonds, Initiatives and Aspirations. These three books are indispensable to each individual to work and are specific to each (the content varies from one individual to another) and are constantly changing, as and when they are actually invested and that the individual gets older. This conceptualization builds a new approach to the management of organizational motivation: the direction it proposes is to make each individual work of both the guardian and regulator of its Obligations / Initiatives / Aspirations.

Résumé

A growing number of investors no longer seeks mainly to earn money by running businesses, but by making transactions on property rights of companies. The purchase and resale of industrial and commercial establishments are moments where large sums of money are exchanged quickly and in which fortunes are made ​​and unmade. What are the consequences of these changes in ownership on the constant long-term development of the institutions concerned and prosperity (or decline) of their stakeholders (employees, customers, suppliers, small investors and local) ? We propose here to examine these issues from the case study of European investment in the Brazilian bioethanol.