MGT 610- Contemporary Management Theory
You And Your Career
Motivation: Chapter 17, page
Is Maslow’s hierarchy of needs useful to managers? Why?
Maslow’s Hierarchy of needs describes the building blocks where an individual can reach their highest and full potential to have an impact on themselves and the world around them. There are 4 key stages to achieve self-actualization that are incumbent upon one another. To answer the question, first we have to understand what are those 4 key stages, and most importantly to dig deeper into the concept of self-actualization. The first stage is “Physiological Needs”, which are the most basic necessities of life such as food, water, rest, sex, and air. Once these needs are satisfied, the human behavior is aimed at satisfying the needs of the next stage of Maslow’s Hierarchy of needs, which is “Security Needs”. Security Needs relates to the overall safety and protection of the individual, bodily and economically. We need to feel safe from any type of harm/danger, in addition to having the means to provide for ourselves and keep a roof under our head. Once the first 2 stages of Maslow’s Hierarchy of needs are achieved, we start expanding our minds and become conscious of our surroundings and the world around us. How we interact with the world and vice versa has a huge physiological need that impacts and shapes how we see the world. This in turn plays a significant part on the decisions we make and how we see ourselves. The third stage of Maslow’s Hierarchy of Needs is social needs. The human brain is wired to connect. We all desire the need for love, companionship, and acceptance from others. The relationships we bear in life play a key role in shaping what we think of ourselves and if we are achieving our self-esteem needs, which is the fourth stage of Maslow’s Hierarchy of Needs. Our Esteem Needs are divided into two categories: self-respect and respect from others. This builds confidence and courage where we are aware of whom we are, and not let fear and self-judgment become an occurring thought process. Once we have self-knowledge and self-value, with the supplementary needs that we discussed intact, we can unlock our true potential and conquer the world. Unlocking our true potential is defying what we are capable of and breaking our current limitations. This requires purpose, willpower, and knowing that you can achieve your goal. It is not enough to know what you want to achieve and how to do it, but to know why you want to achieve that goal is what keeps the person motivated and persistent when the road gets bumpy along the way. Imagine if there were a group of individuals who were aware of their true potential and united towards a common cause or a mission. So to answer the question, do I think Maslow’s Hierarchy of needs is useful to managers? Yes I do. In today’s world, there is no room for average. There is no middle ground anymore. The competition for excellence is so fierce that you are either really exceptional, or you are not much of an asset. As we are still in the recovery phases of the recession, companies are looking to hire people who fit a certain criteria that complement the company’s culture. Successful companies like Google and Apple have a rigorous interview and background check process to ensure that they are investing long term in the right person, not just based of qualifications and experience. If you have a sense of purpose to what you are doing, you will never stop to achieve your goal. Once you reach that goal, your mind will elevate to a higher level and you will set out higher goals to achieve. It is not enough to do something mainly for the money, because what if the money disappears or takes a long time to show up? Results are not always instantaneous, but when that is the case, it is the sense of drive and purpose, which stems from loving what you do, that will keep you going. You are a product of who...
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