MGT 610- Contemporary Management Theory
You And Your Career
Question 1:
Motivation: Chapter 17, page
Is Maslow’s hierarchy of needs useful to managers? Why?
Response:
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