Motivation in Corporate Management

In: Business and Management

Submitted By juzfunny
Words 1063
Pages 5
Hierarchy of needs theory, which is a theory in psychology, is written by Abraham Maslow in his paper “A Theory of Human Motivation” in 1943 (Maslow's hierarchy of needs, 2012). This hierarchy of needs theory is described in the shape of a pyramid. This pyramid is divided into five categories. This five needs are physiological, safety, social, esteem, and self-actualization needs. In generally, lower level needs are satisfied externally such as physiological needs and safety needs. In contrast, social, esteem, and self-actualization needs are satisfied internally. In this theory, the lower level of needs must be met or achieve before one will desire the higher level needs. For example, people are not going to desire the safety needs if they did not meet the physiological needs. First, physiological needs are required for human survival. People who fail to meet this requirement mean that they are not able to survive anymore. This is the most fundamental needs in the pyramid. One will not desire for higher needs if these needs are not fulfilled. For example, individual who is lack of foods, safety, and friendship will definitely consider food as the most important needs at that time because one will not able to survive without foods. According to Maslow, sexual reproduction is also included in this level due to it is essential to the survival of the species. Safety needs are the next level in the pyramid. It includes personal security, financial security, health and well being, and safety net against accident and injury. Individual will think about safety after one is able to survive. For example, people may like to find a steady and obtain a health insurance are the ways that they try to make themselves feel protected. Safety needs are satisfied externally as well as physiological needs. Then, social needs are the following needs that will be looked for. This…...

Similar Documents

Motivation & Stress in Healthcare Management

...Motivation and Stress: A Discussion of Management Recommendations for a Local Hospital The following report was written by a private consultant hired to examine the issues being experienced by Delmar General Hospital with their nursing staff. The report begins with a discussion of nursing, moves on to an overview of motivational theories, as well as stress and its effects on motivation. The issues occurring within this hospital with their nursing staff will be reviewed and interpreted by the private consultant. The private consultant will then conclude with a discussion of her final recommendations in terms of what can be done by Delmar General and their management staff to increase motivation and decrease stress levels, with examples from supporting research. No matter what ones goal may be, motivation always plays a big role in achievement. In the workplace, individuals must be motivated to perform their best however, frequent conflicts can often hinder ones motivation levels by causing stress. Managers within the workplace can attempt to achieve maximum productivity while maintaining a positive employee affect through the use of various kinds of motivational plans. The nursing profession is one of many within healthcare that deal with a lot of stress and motivational issues. Currently nursing is facing a series of issues that makes understanding stress and motivation very important for healthcare managers. It was estimated by the US......

Words: 5506 - Pages: 23

Corporate Management of Emirate Group

...E Ahmed Yousaf Al Hosni. He currently holds the position of assistant undersecretary transport department I the civil aviation society and a board member. The board of director are not actively involved in the day-to-day management of the emirate groups, but they oversee its smooth operations. Although their involvement is not actively, they have to rubber-stamp some of the decisions made at the top management before they are implemented. The board members do not own any shares or stock in the group because, the group is entirely owned by the government. As stated above, the board members are people drawn from different areas and they have experiences and skills in directing the management of the group in making important decisions. The management of emirates includes the board of directors and the top management personnels. At the peak of the leadership of the emirate groups, the following people are the members of the top management. * HH Sheikh Ahmed bin Saeed Al Maktoum. Currently he is the chair and the chief executive officer of Emirate Airline & group. He has been in the management of airline industry from 1985 when he was elected as the chairperson of Dubai Department of civil aviation. He brought in a lot of experience in the management of the emirate airline. He also patronage the Emirate foundation, among other foundations in United Arab Emirates. * Sir Maurice Flanagan KBE. He is the executive vice chairperson of the Emirate Airline & Group. He...

Words: 981 - Pages: 4

Personal Management Motivation Theorys

...Through the years, there are prominent workplace and behavioral psychologists who delved into motivation theory and how it affects the organization. Here are some of the theories. Moreover, here’s how they can be instruments for increasing employee motivation and improve workplace relationships and productivity. Thorndike’s Reinforcement Theory Simply put, the reinforcement theory of Edward Thorndike explores the cognitive process involved in shaping employee behavior by controlling the consequence of such behavior. In addition, the theory uses rewards and punishments to reinforce desired behavior or extinguish undesirable ones. The focus of Thorndike’s theory is the relationship of the behavior and the consequences associated with it. Moreover, a key component of in this theory is the timing of the consequences ­ Fixed interval, fixed ratio, variable interval, and variable ratio. Reinforcement Theory in Action 1. Fixed interval – Reinforcement is given after a fixed period of time. A good example is the regular pay checks given to employees. 2. Fixed ratio – Reinforcement is given after a certain number of behavior occurrence. Sales target bonus is a good example. Once a certain sales target is reached, a specific bonus is given. 3. Variable interval – Reinforcement is given at special period without specific timings. Employee citations and promotions are good examples. 4. Variable ratio – Reinforcement is given at varying instances of behavior.......

Words: 798 - Pages: 4

Motivation and Performance Management

...Running Head: Motivation and Performance Management Motivation and Performance Management Strayer University Organizational Behavior – BUS322 November 13, 2013, 2013 Motivation and Performance Management Employees in the public and private sectors experience different working conditions and employment relationships. Therefore, their attitudes toward their job and organization, and relationships between them, are different. Job satisfaction and organizational commitment is very important to businesses today, due to the role that employees’ play in providing services to their customer/clients. In this paper, I will provide the definition of job satisfaction and organizational commitment and the differences between the two. I will also provide the motivational theory and performance management principles to evaluate the company as a potential employer. Compare the difference between job satisfaction and organizational commitment. Determine which is more strongly related to performance. Job satisfaction is defined as contentment (or lack of it) arising out of relationship of employee’s position and negative feelings toward his or her work (www.businessdictionary.com); job satisfaction relates to an attitude toward your job. Organizational commitment is defined as the strength of the feeling of responsibility that an employee has towards the mission of the organization......

Words: 742 - Pages: 3

Classroom Management and Motivation

...Classroom Management and Motivation 1a. Describe 5 class rules you would enforce. Give reasons for your choice of each rule. 1b. What are the consequences for breaking these rules? There are four categories of disciplinary behaviors identified by Stage and Quiroz, they are: (1) reinforcement, (2) punishment, (3) no immediate consequences, and (4) combined punishment and reinforcement. Rules have to be clear and preferably with no room for misinterpretation. The level of appropriateness for disciplinary action must be in conjunction with the behaviour. Therefore, it is significant to match the consequence to the seriousness of the infractions. Rule: Keep your hands to yourself; no hitting and fighting with your classmates. Reason: Students are not encouraged to be physical with their classmates as well as their inclination to use their hands to provoke or disturb their classmates as they move in or out of class. This is to reduce the possibility of incidences of fights breaking out from such silly actions. Most fights normally begin from innocent light pushes and slaps, which eventually turn into nasty and violent fights. Consequences: Negative approach (punishment): students found to infringe this rule would be required to make use of their hands to do more productive activities, such as, picking up litter in the school compound and cleaning up the classroom for a week. Rule: Respecting other people’s property;......

Words: 1292 - Pages: 6

Management and Motivation

...HS 302 Healthcare Administration and Practice; Spring 2015 - Week 4: Management and Motivation Comparisons of Content Theories of Motivation: Complete the following table, adding descriptions of each Theory of Motivation in the following table, and compare the different theories (the first theory is listed in each column as an example). Refer to Buchbinder & Shanks (2012) pp. 43-45; and Dan Pink video “The Puzzle of Motivation. Maslow’s Hierarchy of Needs | Alderfer’sERG Theory | Herzberg’s Two-Factor Theory | McClelland’sAcquired Needs Theory | Dan Pink’sPuzzle of Motivation Theory | Self-actualization needs-personal growth/development | Existence- relates to self- actualization & esteem/ combining safety & physiological needs together | Hygienes-Low level motivators (working conditions, company policy, salary, status, security) | Need for Achievement-desire for success, mastering tasks, attaining goals | (Summarize video)“If you do this, you will get this” type of attitude is not working today. Rewards do not motivate employees, only narrows a person’s way of thinking and in turn people are less focused. Creativity is destroyed. Large incentives have proven poor performance. Has a negative impact based on assumptions that are outdated. Motivational elements: Autonomy- direct our own lives, Mastery- desire to do better, Purpose- yearning to do what we do (things that matter). ROWE (result only work environment) has brought productivity up and turnover...

Words: 513 - Pages: 3

Corporate Management Styles

...GEORGIA SOUTHERN UNIVERSITY COLLEGE OF BUSINESS ADMINISTRATION Fall, 2009 COURSE: MGNT 7330-SAV, “ Leadership and Motivation” INSTRUCTOR: Dr. William W. McCartney, Department of Management, Marketing and Logistics, College of Business Administration, Room 3306B, Office: 478-5272 (Statesboro), Home:912- 898-3893 (Savannah), email: bmccart@georgiasouthern.edu (GSU) or bkm1963@comcast.net (home) OFFICE HOURS: Tuesdays 1:30-3:30 pm, 5:00-6:30 pm (in Statesboro); Wednesdays 1:30-3:30 pm; Thursdays 5:00-6:30pm (in Savannah); and by appointment. I am also available by telephone and email. PREREQUISITES: Completion of the MBA Core. COURSE DESCRIPTION: A study of Leadership and Motivation. This course provides an overview of existing theories and models of leadership and motivation. Using readings, cases, discussion, and guest speakers the course explains the importance of leadership, motivation, power and influence in organizational life. Special emphasis is placed on leadership of change. |LEARNING OUTCOMES |EXPECTED RESULTS |ASSESSMENT | |Enhance leadership skills as they pertain |Express an understanding of the importance |Problem solving and decision-making skills | |to problem solving and decision-making. |of problem solving and decision making in |will be evaluated using cases and exercises| | |the leadership process. ...

Words: 1257 - Pages: 6

Corporate Management in Action

...[Que : 1] Define : Globalization Ans : from a strategic management point of view, organizations that are either seeking a global presence or maintaining and developing one have the necessary command of the volume and quality of resources, expertise, capability and willingness in the first place. This appears very trite. However, it is essential to consider the case from this perspective initially. This is because top managers of organizations with a strong domestic presence and peripheral activities in several other countries begin to describe themselves as global. It is a short step from this into getting sidetracked into existing, glamorous, messy, dangerous – and costly – adventure in locations about which they know and understand very little, and often care even less, except from the point of view of financial return. Glonalisation is a process whereby organizations seek to establish a presence in the majority of countries, markets and communities of the world. Globalization (or globalisation) describes a process by which regional economies, societies, and cultures have become integrated through a globe-spanning network of communication and trade. The term is sometimes used to refer specifically to economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology. However, globalization is usually recognized as being driven by a combination of......

Words: 13301 - Pages: 54

Corporate Management Theories

...Group 1 Corporate Governance Theories of corporate management and Process Definition:- According to the business directory, management theory is a collection of ideas which set forth general rules on how to manage a business or organization. Management theory addresses how managers and supervisors relate to their organizations in the knowledge of its goals, the implementation of effective means to get the goals accomplished and how to motivate employees to perform to the highest standard. Nexus-of-Contracts Theory Nexus-of-Contracts Theory argues that the firm, or the modern corporation, is a complex adaptive system comprised of definable subsystems, called stakeholders. A stakeholder is any individual or group of individuals that either benefits or suffers as a result of the actions of that corporation. Therefore, the modern corporation is essentially a set of contracts or agreements between various stakeholder groups. The corporate stakeholder groups, engaged in this bargaining process typically include: stockholders, employees, consumers, suppliers, financiers, and local communities. The interests of these various groups are often represented by “agents.” An agent is a person possessing technical knowledge that is paid by someone else to serve their interests In order for the Nexus-of Contracts Theory to be useful it must be both descriptive and prescriptive; that is, it must describe how the classes of stakeholders (stockholders, consumers, managers,......

Words: 1707 - Pages: 7

Corporate Management

...Corporate Management Student Name Affiliate Institution Corporate Management Financial forecasting is an imperative too for a management team. This is because it helps how much cash should be generated from operations hence shaping decisions regarding expenditures that need be made. With an accurate forecast, it is possible for a company to maintain adequate cash levels that helps the company meet its financial obligations such as timely payment of payable accounts and payroll (Alice, 2009). However, financial forecasting is bound with challenges due to circumstances that are difficult to predict. Therefore, due to these challenges, actual financial results are rarely consistent with financial forecasting challenges due reasons that this paper deliberates. First, unpredictable economy is the major challenge. For all companies, the strength and weaknesses of the economy does affect their sales. This is because consumers and business tend to spend depending on the confidence they have for the future (Alice, 2009). With a weak economy, there is usually a downturn in confidence amongst businesses and consumers. This consequently reduce their thrill for spending. Therefore, company sales consequently reduces leading to flaws in financial forecast for the company. This is despite the companies having enough economists in their staff who often find it difficult to predict direction of economy at any point in time. Secondly, unknown competitive threats are another major......

Words: 1370 - Pages: 6

Motivation and Performance Management

...Motivation and Performance Management Tanya Cavaleri Kristian N. Morales, MBA BUS322 August 1, 2015 “We find on Glassdoor that a strong leader is often one who has the ability to clearly communicate the vision for the company and who helps employees see how their work connects to the big picture.” (Howard Schultz) Motivation and commitment in the organization play a fundamental part in any business. Establishing an organization based on these components allows the organization to grow and maintain strong employees. Starbucks has been successful at this since first opening their doors. The organization has superior leaders, being extraordinarily motivated and highly committed to their staff. Leadership and commitment to their staff, Starbucks have gone above and beyond to make sure job satisfaction is number one. In 2014, Starbucks gave its employees the opportunity of a more than generous tuition assistance program called “The College Achievement Plan” (InnovatedPR, 2014) This is just one of the many perks they offer employees for their happy employees = happy customers = happy company. Health insurance is available (after working 240hr in a 3 month period, which is at least 20 hrs a week), commuter programs, vacations and time and a half for working specific holiday. Howard Schultz (Starbucks CEO) says, “We built the Starbucks brand first with our people, not with consumers. Because we believe......

Words: 656 - Pages: 3

Management and Motivation

...variety * Minimum 4 academic sources related to management topics (not Babcock & Morse) per question * Relevance of sources selected  * Application of theory integrated with references | 0-7 | 8-9 | 10-11 | 12-15 | Question 1 (35) PROJECT MANAGEMENT * Argument shows comprehensive research and analysis. * Argument is well organised and progresses logically * Clearly indicates understanding of application of management principles to an engineering context * Demonstrates a good understanding of the project management function (technical and sociocultural dimensions of a project, project structure, strategic management, organisational politics, payback periods etc.) * Demonstrates an understanding of the importance of professional ethics and responsibilities in relation to organisational constraints on management decisions | 0-17 | 18-24 | 25-29 | 30-35 | Question 2 (35) PEOPLE MANAGEMENT * Argument shows comprehensive research and analysis. * Argument is well organised and progresses logically * Clearly indicates understanding of application of management principles to an engineering context * Demonstrates a good understanding of the management of people (team process, group behaviour, motivation and communication) * Demonstrates an understanding of the importance of professional ethics and responsibilities in relation to organisational constraints on management decisions. | 0-17 | 18-24 | 25-29 | ...

Words: 394 - Pages: 2

Corporate Management

... Reference Clegg, S. Kornberger, M. Pitsis, T. (2011) Managing and Organization, 3th ed, SAGE Publication Ltd, London. Dan, T. (2014). "Ever Forward" Extreme Makeover – DPR Construction Rebuilds their Continuous Improvement Process from the Foundation Up | Management Innovation eXchange. [online] Managementexchange.com. Available at: http://www.managementexchange.com/story/ever-forward [Accessed 9 Oct. 2014]. Deresky, H. Christopher, M. E. (2012) International Management, 2th ed, Pearson Group Pty Ltd, Australia. Lai, D., Liu, M. and Ling, F. (2011). A comparative study on adopting human resource practices for safety management on construction projects in the United States and Singapore. International Journal of Project Management, 29(8), pp.1018--1032. Nafei, W. (2014). Knowledge Management and Organizational Learning from the Employee Perspectives: A Study from Saudi Arabia Context. Journal of Management and Strategy, 5(1), p.73. Raymond, J. S. (2010) Human Resources Management, 7th ed, John Wiley & Sons Ltd, Australia. Robbins, S., DeCenzo, D. and Coulter, M. (2014). Fundamentals of management, 9th ed, Pearson Education Ltd, Edinburgh Gate. Yap, Q. (2013). Developing corporate culture in a training department: A qualitative case study of internal and outsourced staff. Review of business and finance studies, 6(1), pp.43-56....

Words: 376 - Pages: 2

Corporate Management

... MANCOSA(MANAGEMENT COLLEGE OF SOUTHERN AFRICA)ASSIGNMENT COVER SHEET | | Surname | TSHIOMA | First Name | THILIVHALI | Student Number | 110570 | Subject | PROJECT MANAGEMENT | Assignment Number | 6 | Tutor's Name | | Examination Venue | COLLEGE OF EDUCATION AT WITS | Date Submitted | 21 MARCH 2011 | Submission | First submission | X | Re-submission | | Postal Address | 4 Wilzen Road | | Modder East | | Springs | | 1559 | e-mail | quidditch@webmail.co.za | Contact Numbers | 011 730 6600 (work) | | N/A (Home) | | 079 600 8421 (Cell) | Course/ Intake | MBA Year 2- July 2010 | Declaration: I hereby declare that the assignment submitted is an original piece of work produced by myself. | Table of contents 1. | 1 | 1.1 The difference between the proposed project and Shell operations in Europe | 1 | 1.2 Typical activities of a business case | 6 | 2. | | 2.1. Project Charter for the PetroSA project | 9 | 2.2. The importance of a project manager to be employed early in the project | 10 | 3. Project life cycle | 12 | 4 | | 4.1 The importance of project selection methods | 15 | 4.2 Financial Projections/Models | 15 | 4.3 Project Management Knowledge Areas | 18 | 7. Bibliography | 22 | Question 1 1.1. Discuss the difference between this project and the oil refinery operations of Shell in Europe. PetroSA is the official developer and promoter of the proposed oil refinery plant to be built in the Coega Industrial......

Words: 7536 - Pages: 31

Motivation of Senoir Management

...HD333-C005-2835/2011 Introduction Definitions Motivation Motivation is a term that refers to a process that elicits, controls, and sustains certain behaviors. For instance: An individual has not eaten, he or she feels hungry, as a response he or she eats and diminishes feelings of hunger. Motivation- the concept According to Webster’s New Collegiate Dictionary, a motive is “something (a need or desire) that causes a person to act.” Motivate, in turn means “to provide with a motive,” and motivation is defined as “the act or process of motivating.” Thus motivation is the act or process of providing motive that causes a person to take some action. In most cases motivation comes from some need that leads to behavior that results in some type of reward when the need is fulfilled. Rewards Rewards can take two forms. They can either intrinsic/internal rewards or extrinsic/external rewards. Intrinsic rewards are derived from within the individual. For a healthcare employee this could mean taking pride and feeling good about a job well done (e.g. providing excellent patient care). Extrinsic rewards pertain to rewards that are given by another person, such as a healthcare organization giving bonuses to teams of workers when quality and patient satisfaction are demonstrated to be exceptional. Senior Managers Senior Manager is a title given in a large company with a perceived need for additional levels in its management structure. In a hierarchy, Senior......

Words: 3717 - Pages: 15

For Girls | Mund- & Zahnpflege | Agent Aika (7)