ERG Theory The ERG Theory is a motivational theory derived from Maslow’s Hierarchy of Needs. This theory was established in order to better serve employees of different organizations. Maslow’s Hierarchy was seen as not sufficient enough because of the idea that individuals could not go back and forth through the different needs. Different people are motivated differently and that is why the ERG theory was developed (Huitt‚ 2001). Motivation can be different for everyone‚ and in order to understand
Premium Maslow's hierarchy of needs
ERG theory approaches the question of "what motivates a person to act?" or "Why do we ever do anything?" The theory assumes that all human activity is motivated by needs. Needs can be divided into three groups of related needs‚ and these need-groups can be rated according to their importance. The assumption is that humans must meet the need of the most important group before significant attention and energy can be devoted to needs in the second group‚ and must meet the needs of the first and
Premium Maslow's hierarchy of needs
Alderfer’s ERG Theory E - needs for physiological and material well-being R - needs for satisfying interpersonal relationships G - needs for continued personal growth & development McClelland’s TAT Thematic Apperception Test Need for - desire to do something better‚ master a complex task Need for - establish and maintain relationships Need for - to control‚ influence‚ or be responsible for others. Translating to High Need Achievement People
Premium Maslow's hierarchy of needs Psychology Motivation
Describe the similarities and differences between the ERG Theory and Maslow’s Hierarchy. How have you used either of the two theories in daily life? Respond to at least two of your peers for this posting. Maslow’s Hierarchy is a need-based system. He believed that there was a hierarchy of need and an individual would remain at his current level until that particular need was satisfied. If the current need is not met‚ then the individual would not advance to the next stage. The five stages
Premium Maslow's hierarchy of needs
1. The Implication of Management Theory to this days’ administrative function. The implication of management theory to this day’s administrative function is to improve quality of productivity‚ better working environment and decrease loss. The means may vary from era to another era but at the long run its goal is similar. Classical Era It focuses on the efficiency of the work process. It has three schools of thinking: Scientific management‚ which looks at ‘the best way’ to do a job; Bureaucratic
Premium Management Maslow's hierarchy of needs
ERG Smart Cards: Crafting Strategy for a New Horizon CASE BACKGROUND In 1978‚ Associated Electronic Services Ltd (AES)‚ a Perth-based engineering company‚ began developing an automated fare collection (AFC) system. In 1984 AES won a contract for an AFC system in Toronto‚ Canada. That same year Energy Research Group (ERG) was listed on the stock exchange. ERG was a venture capital-backed company‚ researching various technologies including an electronic sign board and a manufacturing process for
Premium Smart card
Question 2 Q.2.1 1. The pilot- Vestibule or Simulation 2. The new receptionist- Role-playing 3. The junior manager- Case-study Q.2.2 Alderfer’s ERG Theory: • Existence needs- relate to a person’s basic‚ material‚ existence‚ for example‚ food‚ heat and safety needs. • Growth needs- driven by the inner desire for personal development‚ for example‚ respect and self-actualisation. • Relatedness needs- stresses the importance of interpersonal and social relationships. Q.2.3 Market means a group
Premium Marketing Surfboard Maslow's hierarchy of needs
Earnings Management and Its Implications Educating the Accounting Profession By Michael D. Akers‚ Don E. Giacomino‚ and Jodi L. Bellovary August 2007 Issue AUGUST 2007 - In the wake of continuing‚ highly publicized E-mail Story financial frauds and failures‚ the accounting profession has placed renewed emphasis on issues related to earnings Print Story management and earnings quality. The SEC and the public are demanding greater assurance about the quality of earnings. Staff Accounting Bulletin
Premium Business ethics Financial statements Balance sheet
Management Theory Taxonomy Some would define management as an art‚ while others would define it as a science. "Management is not an exact science‚ but rather is a mix of art‚ scientific methodology‚ intuition‚ investigation‚ and most of all‚ experimentation" (Miller & Vaughan‚ 2001‚ Winter). "Management is not static. It is evolving‚ as are people who manage and are managed." (http://angel02.gcu.edu/AngeIUploads/ContentlMGT301 LORI assic/9668726CD47F4 EFAB1A77328734D41 EC/!ecture MG
Premium Management
1 Playing the Game Game theory implications in business Abhik Ghosh 19th July’09 ©ABHIK GHOSH In an economically contracting market-place‚ interactions between various parties to a transaction are increasing every single day. With numerous covenants guarding every deal‚ there is more to the market equation than simply the buyer-seller dynamic. Undoubtedly‚ in a perfect world‚ when the curtains are pulled down‚ and the facade is eroded‚ the buyer-seller dynamic is still supremely prevalent
Premium Game theory Game