Preview

Business Psychology

Satisfactory Essays
Open Document
Open Document
698 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Psychology
APPLYING PSYCHOLOGY
Individual and Organizational Effectiveness

Question: How might business psychology be used to actually help a business firm increases its profits?

To create the business successful, we need a lot of factors and one of them is human. And if we want to manage and have profits from people, we must find out them. At organizations, manage often learn about business psychology. So to use the business psychology in a business firm, we must know exactly about the purpose of business psychology. The purpose of it helps people feel happy, comfortable and increases productivity on the job. So we must care human factor, which include every employees, partners, customers and event our boss. At first, we must use business psychology with employees. When we choose any employees, we must know exactly about their knowledge, the ability to settle jobs and their life skills. And to create the perfect in job, we still find their good and bad points. For example, at Viet Nam, most of people have high professional but they have trouble in communication. So we can encourage them to study some other language, which helps them work better. In each program of company, we must create the goal for our employees and then, trying to help them carry out this goal. For instance, with a big work, we can establish some group, each group will do difference jobs. People in group can help together. But sometimes, people in group can have difference opinions. So people must concede together and find way to unite all ideas in group. In some special day, we can have some gift for good employees or company still can organize party to create good relation among workers and directors, or we can increase salary or promote for workers to encourage them. We still can create good space at workplace, such as equip good office instruments to help employees relax. After tired time, employees need rest. So we can construct rest rooms. For example, at Japan, some

You May Also Find These Documents Helpful

  • Better Essays

    Poor planning in the context of reaching goals often results in poor organizational performance. A solid understanding of organizational psychology is needed for the management to be more effective. Knowledge of organizational psychology within an organization’s management team helps in making managing the employee behavior. Knowledge or organizational psychology can also help keep the employees more motivated and boost the organization’s employee productivity level.…

    • 1195 Words
    • 5 Pages
    Better Essays
  • Better Essays

    In an organization it must acquire a manager/supervisor and employees to keep the business a float. The business also needs a positive and functioning environment to create a successful business. In creating a functional working environment each person must have respect, common sense and willingness to learn. In order to have a commutative work field regardless of the business the employees and supervisors must learn to work with others. For example having a different culture or having language barrier can cause challenges within the workers, so having a cohesive group working together can overcome all challenges.…

    • 1745 Words
    • 7 Pages
    Better Essays
  • Better Essays

    Organizational psychology is the study of a formal organization and how individuals and groups act within that organization; in other words, the scientific study of the workplace. The goal of organizational psychology is to help organizations function the best way possible. This is achieved by helping people understand their interactions with each other and create an environment where everyone can work together to accomplish important goals. When an organization is successful, the employees have better job satisfaction. In turn, this creates better productivity which allows products and services to be produced at a lower price. This savings can be passed along to the customers therefore having a positive effect on everyone. (Jex, 2008).…

    • 930 Words
    • 4 Pages
    Better Essays
  • Better Essays

    First a clear vision or mission for the organization this defines the foundation of the organization. Second, hired positive employee an individual with friendly smile, upbeat personality, handles conflict, and interact with others. Third, establish an open-door-policy be accessible to the staff, have one-on-one meeting listen to feedback both positive and negative. Fourth, communicate with the staff keep them inform on what is going on with the organization be honest with the staff about upcoming changes in the organization. Last recognized the staff accomplishment, and establish reward system for excellent performance, and thank an employee for a job well done. Encourage staff member to recruit potential employee. The employee will have a better feel of which he want to work with, and the goal is to promote a positive work environment (McFarlin, 2012).…

    • 1162 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Psychology in Marketing

    • 626 Words
    • 3 Pages

    Vazifehdust, H., Taghipourian, M. J., & Gharib, Z. (2011, November). Social Marketing, Green Marketing: The Extension of Marketing Concept. European Journal of Economics and Administrative Sciences, 1450-2775(41), 42 -57.…

    • 626 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Minds Viewed Globally

    • 804 Words
    • 4 Pages

    Mind guides behaviour, which shapes a person’s capabilities and skills. Therefore, mind indirectly determines whether an individual will succeed in the future. So what minds are required for individuals to achieve future success? A researcher in psychology, Howard Gardner, answered the question: the disciplined, synthesizing, creating, respectful and ethical minds should be cultivated in educational institutions and at the workforce. Therefore, practitioners in the business world have to foster these minds as well to become informed and responsible business professionals. This essay will demonstrate why the five minds are required for a qualified business professional and how the Master of Commerce (MCom) program enables me to develop those minds.…

    • 804 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Job recruitment is one way, the I/O psychologist will analyze the job, write out what the job requirements are and that will help with finding the right person for the job. I/O psychologists will help develop the training programs for the job. The I/O psychologist will take the information from the training programs and evaluate the effectiveness of the training. The I/O psychologist will determine if the training programs are working effectively and will change it to optimize work quality. Coaching employees and evaluating work performances are an important task that I/O psychologists perform. I/O psychology has brought many changes to organizations by providing proper training for employees, providing reward systems for the employees who are doing their job, and provide vital information to organizations that improves that efficiency of that company (Spector,…

    • 790 Words
    • 4 Pages
    Better Essays
  • Better Essays

    Industrial Organization is the application or extension of psychological facts and principles to problems concerning human beings operating within the context of business and industry. One of the most important tasks Industrial Organization psychologists perform is developing assessment methods for selection, placement, and promotion of employees. In order to do this, these psychologists study jobs and determine to what degree tests can predict performance in these specific jobs. My group decided to look more into the topic of selection and placement and narrow that down to unfairness in selection and placement. Muchinsky asks, “What does it mean to be ‘fair’?” and continues by saying, “Most certainly there are many ways to consider fairness” (Muchinsky 324). Yet in this specific situation we demonstrate in our screenplay, it was obvious that the exact opposite of fairness was depicted.…

    • 1573 Words
    • 7 Pages
    Better Essays
  • Good Essays

    business resources

    • 1317 Words
    • 6 Pages

    Employees are often regarded as the most important part of a business because without them the firm would be unable to produce its goods or offer its service, it would cease to exist. Employees are human resources and need to be treated and managed in a certain way. With the work place ever changing, both employers and employees need to adapt quickly to keep up. This starts at the recruitment stage, with employers choosing staff with the desired skills. They can then give you staff training to enhance their skills, helping both the business and employee to improve.…

    • 1317 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    The responsibilities of an organizational psychologist are to examine companies through quantitative or qualitative scientific research. Also, the organizational psychologist applies the scientific analysis of organizations to improve organizational environments. Next, the understanding of how employees feel about their job positions can develop better employee and management relations. The needs of the consumer within the organization have to be monitored, and a method has to be developed to attain organizational goals. Still, management can learn effective leadership through organizational psychological techniques regarding the retention of workers. Organizations can save money when they can retain their employees. It can be costly to rehire new employees and teach them new skills. Thus, general managers can cut company cost by maintaining the same workers. In reference to, Geberevbie (2008) “any organization that fails to put in place adequate employee retention strategies is not likely to retain competent and motivated workforce in its employment and hence experience frequent labour turnover and poor organizational performance” (p.148). The organizational psychologist enhances the wellbeing of workers, job satisfaction, and company safety. Further, the organizational psychologist develops research on employee’s attitudes and behaviors within the…

    • 1469 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Social Psychology

    • 2355 Words
    • 10 Pages

    In social psychology there are many researchers who investigated and challenged different theories within including well respected psychologists including; Sheriff(1935); Jenness(1932); Asch(1951); Crutchfield(1955) and Mann(1969). The aim of the study was; guessing how many sweeties were in the jar in a competition fashion and testing if the participants conformed to their guesses. The hypothesis was ' people would conform under group pressures of the pre-set guesses. The null hypothesis was that people would not conform under group pressures unless due to extraneous variables. The experiment was a field experiment using the techniques of independent groups design. The experiment was dressed as a competition based on the following three conditions; high pre-set; control pre-set and low pre-set guesses. The group used random selection in three math classes with the senior pupils of three different levels (higher, intermediate one and intermediate two). The IV (independent variable) that was used was the pre-set guesses and the DV (dependent variable) was the level of conformity performed by the participants. The conclusion of the results showed that 31.25% of the high pre-set guesses conformed (in the reign of 40+), 23.33% of the low pre-set guesses conformed (in the reign of -30) and 43.48% of the control pre-set guesses conformed (within the reign of 25-45). The breakdown of the analysis for instance the mean of all conditions and overall, the range of all conditions and control(appendix 13). After the group completed the experiment thought was put into how testing conformity could be continued. The ideas from the experiment could lead to testing the intelligence levels of people who conform and test is this level of intelligence has an effect on the level of conformity.…

    • 2355 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    Organizational Psychology

    • 1205 Words
    • 5 Pages

    Organizational, psychology involves the application of facts and principles associated with the psychological aspect of workers in an organization as a way of solving problems that affect the performance of the workers. Over the years, organizational psychologists have developed a close link between the working environment, the performance and job satisfaction of the employees such that productivity of employees is often dependent on the how they are treated by their supervisors. Areas closely related to organizational psychology include personality in addition to cognitive psychology. Qualitative and quantitative research methods are used to collect database on organizational psychology such as effect of certain motivators as well as changes in organizational structure on the general output of employees.…

    • 1205 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Social Psychology

    • 2995 Words
    • 12 Pages

    Self-schemas help us to organize the information we know about ourselves. They help us to organize our self-concept. Self-schemas also affect how we view the world (Feenstra, 2011). An individual who has a self-schema for their job would be able to provide more examples of behaviors related to their job. This leads to the self-reference effect, which is our tendency to remember things that are related to us better than things that are not related to ourselves. Whenever you are in a class, it is helpful to use the self-reference effect because you can relate to new material by applying it to your life, and this causes you to remember it better.…

    • 2995 Words
    • 12 Pages
    Best Essays
  • Good Essays

    Social Psychology

    • 1428 Words
    • 6 Pages

    Q: Discuss why the scientific method provides a better guide to human behavior than common sense does.…

    • 1428 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Past approaches to the study of social problems and social behaviour have been limited by a lack of adequate conceptual tools. This limitation has been manifest both in psychology and sociology, although in different ways. Psychologists have been characteristically unable or willing to deal with the fact of social organization and social structure. Societies and organizations consist of patterned behaviours, and the behaviour of each individual is determined to a considerable extent by the requirements of the larger pattern. This context is not often incorporated into psychological theories. Some such theories –the…

    • 6642 Words
    • 27 Pages
    Good Essays

Related Topics