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ethics and corporate governance
Abram Maslow's hierarchy of need
ethics within corporations
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1. Task 1 - Background A locally owned manufacturing company in the business of production, distribution and services in the chemical coatings and pigments has been recently been acquired by a multi-national corporation. This recent move has unfortunately not spared the fate of the aftermath of merger, resulting in a minor restructuring and the resignation of one of the directors and a few staff. Due to the current situation in the company, my director and I were employed to relook into the HR issues as well as any impending areas of concern in the newly acquired company. In our last 3 months of observations in the company, we need to reevaluate the organization status and to perhaps propose solutions addressing the key challenges, gaps and …show more content…
Maslow?s Hierarchy of Needs provides managers & HR practitioners a systematic way of examining the different needs employees may have at any given point and clarifies different responses they may have to similar treatment. An employee who is satisfying his esteem needs may feel gratified when his supervisor praises him. Conversely, another employee who is trying to satisfy his ?Belongingness? needs may be unhappy being praised by upper management in front of peers if the praise sets him apart from the rest of the group. By spending effort to satisfy the various needs of the employees, companies may ensure a more highly motivated workforce. Maslow?s Hierarchical Needs though provide an speedy reference to individual?s needs, it provides an overly simplistic deduction & is too rigid to be holistic. Thus, it?s often accompanied & compared with other motivation theories in application. b) Alderfer?s ERG Theory?(Alderfer, 1969)?compressed Maslow's hierarchy of needs from five to three: Existence, Relatedness & Growth. Thus, the acronym ERG. Existence being the most basic level corresponds to Maslow?s Physiological needs & Safety needs. Relatedness is synonymous to Maslow?s ?Belongingness or Social? needs level. Growth need refers to Maslow?s esteem and self actualization
Abraham Maslow arranged human needs into a hierarchy of five needs, starting with the most important needs which are physiological needs such as, hunger, thirst, and warmth. He then went all the way up to the least important which is self-actualization that is known as the fulfillment of unique potentials. His hierarchy of needs is depicted in a pyramidal form with the most important needs at the bottom as a base and the least important towards the top. According to Maslow, self-actualization is becoming what we believe we are capable of being he also believed that self -actualization is as important as physiological needs. Many people desire to reach self-actualization because
Maslow’s Hierarchy of Needs is shaped like a pyramid. The first level or “base” of the pyramid consists of Physiological needs, such as: breathing, food, water, and sleep. The second level is labeled as Safety, involving security of body, resources, morality, family, and property. The third level includes Love for self, friends, and family, and the fourth level is titled Esteem such as: self-esteem, confidence, achievement, and respect of and by others. The fifth and final level is called Self-Actualization, and consists of creativity, morality, lack of prejudice and spontaneity. Maslow states that to fulfill these needs, you must start from the very bottom and work your way up, and that if your most basic
In theory, the hierarchy works in this order towards an employee; first they seek to fill the physiological need by getting a job to pay for the basic necessity of the human body. Once that is settled, the employee will want his safety needs being solid, he needs to feel safe at work with insurance policies and medical coverage in case of anything untowardly was to happen. After the first two basic needs are taken care of, he will need to feel a sense of belonging to groups in the social need, humans are not meant to be alone and thus the need to mingle and socialize is important. The esteem needs is automatically achieved after he finally gets a good level of communication with his colleagues, which results in him being acknowledge by people, this is usually the need that needs to be reached in order for an employee to be motivated and also to measure job satisfaction. As an employee feels cherished by their company, they build self-confidence which in turn will motivate them in working hard and efficient. Lastly comes self-actualization, where the employees achieves this by finally getting recognition by his superiors and are rewarded for his dedication may it be some form of promotion at work. Maslow’s theory provides the fundamentals of motivation which is required to be fulfilled to maximize job satisfaction; one cannot feel satisfied if any of the five needs is
Maslow’s original theory talked about a pyramid shape of achievements that every person unknowingly is striving to achieve. The bottom level is physiological needs such as food, water, shelter, and warmth. As we move up the pyramid next is safety which is security (money), stability, and freedom of fear. These two bottom sections of the pyramid are known as the basic needs because everyone on earth requires these basic needs to move to the next level of the pyramid. The next level is belonging/ love needs consisting of friends, family, spouse, or lover. From here on up your base needs are very helpful in reaching your next needs, Self-esteem which includes achievement, mastery, recognition, and respect. Lastly is your self-actualization need where ...
Maslow’s hierarchy of needs can be presented in a pyramid, featuring the most basic and necessary needs for survival in the bottom levels. The hierarchy of needs says that we must fulfil our needs in a particular order; the lowest level must be fulfilled first before being able to move up the pyramid.
Maslow’s hierarchy of needs are the things stages in life by which you develop from a primitive creature, to a more human being. These stages include physiological needs, safety and security, belongingness, esteem, and finally self-actualization. I subconsciously work toward each one of these levels every single day. Although it seems basic, the hierarchy is much more in depth than one might think.
During his life and in modern days, Maslow’s Hierarchy has been used to enhance leadership in business settings. Many motivational enterprises have taken the Hierarchy of Needs and adapted them to teach leaders how to help their employees achieve a high level of motivation. A company named Ovation Incentives trains that “an employee needs their basic needs such as their salary and work conditions to be fulfilled first before reaching high level needs such as feeling part of something bigger within an organization” (Stead,
Maslow’s hierarchy of needs what is a “theory in psychology proposed by Abraham Maslow in his 1943 paper ‘A Theory of Human Motivation’ in Psychological Review” (m). This theory explains the general demands of person: Physiological, Safety, Love/Belonging, Esteem, and Self-actualization. We only fulfill the needs of the lowest level in order to fulfill the needs of the upper level. Physiological needs are the physical demand for human survival, such as drinking and eating. Safety needs are higher a grade than the physiological needs, which are include the demands of health or family safety. And then, we need friendship and love that are needs of love and belonging. We also need esteem like status, reputation, and personal value. Finally the highest level is the needs of self-actualization, human need to develop their potential in this level. Only people who understand this would not be murdered by “especially for
Motivation is defined as individual internal process that energizes, directs and sustains behavior. Motivation depends on how much the person wants something and how likely they think they will get it. Managers struggle to improve motivation in the workplace, but with the right tools they can become successful. Maslow’s hierarchy of needs is a pyramid of personal satisfaction that need to be met so a person can reach their full potential and be happy. Each level of the pyramid is stratified from the bottom up. A person cannot move up the pyramid until the bottom needs are met. Maslow’s hierarchy is usually a personal tool used to assess how an individual is doing, but businesses adapted this tool to use in the workplace and improve morale.
Unlike many of his colleagues at the time who were focusing on psychopathology, or what is wrong with individuals, he focused on how individuals are motivated to fulfill their potential and what needs govern their respective behaviors (McLeod)). Maslow developed the hierarchy over time, adjusting from a rigid structure where needs must be met before being able to achieve a higher level, to where the individuals can experience and behave in ways across the hierarchy multiple times daily depending on their needs. The hierarchy is comprised of 5 levels; Physiological, Safety and Security, Love and Belonging, Esteem, and Self-Actualization. The bottom two levels are considered basic needs, or deficiency needs because once the needs are met they cease to be a driving factor, unlike psychological needs. Loving and Belonging and Esteem needs are considered psychological needs, and are different from basic needs because they don’t stem from a lack of something, but rather the desire to grow. Maslow theorizes that individual’s decisions and behavior are determined based on their current level of needs, and the ideal level to achieve full potential culminates in self-actualization; however, operating on this level cannot be achieved until the preceding levels of needs have been
Abraham Maslow wrote the Maslow’s hierarchy of needs theory. This theory was based on fulfilling five basic needs: physiological, safety, social, esteem and self-actualization. Maslow believed that these needs could create internal pressures that could influence the behavior of a person. (Robbins, p.204)
Abraham Maslow did studies of the basic needs of human beings. He put these needs into a hierarchical order. This means that until the need before it has been satisfied, the following need can not be met (Encyclopedia, 2000). For example, if someone is hungry they are not thinking too much about socializing. In the order from lowest to highest the needs are psychological, safety, social, esteem, and self-actualization. The first three are classified as lower order needs and the last two are higher order (Hierarchy, 2000). Without meeting these needs workers are not going to be as productive as they could otherwise. The first three are considered to be essential to all humans at all times. The last two have been argued but are mostly considered to be very important as well.
In 1943, psychologist Abraham Maslow developed a theory of basic human needs: Maslow's Hierarchy of Needs. His theory suggests that embedded in the very nature of each human being are certain needs that must be attained in order for a person to be whole physically, psychologically, and emotionally. First, there are phys...
Furthermore, there are three theories which explain the different factors in how employees are motivated based on their needs. The first theory, Maslow’s Hierarchy of Needs, was proved by Abraham Maslow in the years of 1943 and 1954 (McLeod, 2013). Maslow believed that society developed their motivations depending on their needs. Maslow’s Hierarchy of Needs is a theory in which five motivational needs( self-actualization,esteem, belongingness and love, safety, and psychological) are demonstrated in a hierarchy pyramid. The five motivational needs are divided into three categories(basic, psychological, and
The Hierarchy of needs theory, by Maslow, shows the basic and the advanced needs that the person should fulfill to reach his or her highest potential. That is why the theory is best depicted as a pyramid including seven stages. The first stage is physiological needs: water, body temperature, sleep, and sex. When one satisfies those needs, he or she can go to the next stage. Safety needs is the second stage. Here, the person is concerned about his safety and stability, so he tries to find a good job to support himself financially, and also find a good home in a safe place. The third stage is belongingness and love. To love and be loved and accepted becomes very important in this stage, so the person starts to worry about his relationships. Being accepted and loved will lead successfully to the fourth stage, which is esteem needs. In this level, the person is more concerned about achieving and gaining approval. Ones those needs are fulfilled, the cognitive needs come to be a priority. This fifth level is attained by seeking knowledge and explor...