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Physiological Needs
Prior to Maslows model, psychologists focused on biology to
understand the drives behind our behavior.
Maslow acknowledged that satisfying our physiological needs was of
primary importance. We require oxygen, water, nourishment, and sleep
to survive. Other physiological drives, such as sexual desire and the urge
to procreate and nurture our young are also included.
Consider the power of hunger, for example. When we are hungry, we
find ourselves preoccupied with thoughts of food. The greater the
hunger, the less ability we have to focus on anything else. Once the
hunger is satisfied, we no longer think about food, because the need has
been met.
Safety Needs
Our survival depends as much on remaining free from harm as it does on
food and water. The need for safety goes beyond the physical. A sense of
security is also required. Uncertainty about the stability of your job, for
example, erodes your sense of security.
Love Needs
Humans are social creatures. We crave connection with others to varying
degrees. Once our survival needs are met, we become aware of the need
for love, affection, and belongingness.
In the absence of friends, we feel the need as loneliness. We long for a
partner and perhaps children. We strive for acceptance among the groups
we value, at work and in the community. Maslow points out that the love
need requires both giving and receiving in order to be fulfilled.
Esteem Needs
Maslows theory identifies two themes related to esteem needs.
First, we require a healthy degree of confidence and self-esteem. This
means having a realistic regard for our abilities and achievements,
knowing we have the skill or the capacity to acquire it to
successfully handle events in life.
Second, we desire respect and recognition from others, again based on a
realistic assessment of our accomplishments and character.
As these needs are met, we are strengthened and motivated to move
forward, toward greater levels of accomplishment, personal
development, and well-being.
Parenting and teaching resources make this a central theme. Knowing
that others believe in her ability motivates the student to work hard at
developing her skills, and helps build her self-confidence.
The Need for Self-Actualization
The process of becoming everything you are capable of being is called
self-actualization. Maslow believed that what we can be, we must be. To
stifle ourselves in doing what we are best suited for leads to discontent
and restlessness, and a basic dissatisfaction in ones life.
These potentialities, as Maslow called them, often lean toward the
creative. Musicians, artists, writers, and dancers, for example, are
engaged in self-actualization.
However, potential can take other forms as well, such as athletic ability,
mathematical aptitude, strong interpersonal skills, or a gift for working
with nature.
In some people, the drive toward self-actualization takes other forms.
Any aspect of personal development and learning can be viewed as part
of the process. Actualizing your potential is a kind of individual
evolution.
At the end of the journey, you are enriched, and thus have a depth and
breadth of experience and understanding to offer back to the world.
Putting the Hierarchy to Work
The value of Maslows theory lies in how easily it can be applied to your
interactions with others. Understanding motivation can enable you to
strengthen your relationships, work more effectively with business
associates, become a more capable parent, and facilitate positive change
in any group.
Say I love you to someone every day. Welcome hugs and signs
of affection. Keep the channel open to nurture and be nurtured by
those around you.
There are certain questions that one needs to ask while conducting this
analysis, which give them an idea of what things to keep in mind. They
are:
What is the political situation of the country and how can it affect
the industry?
How much importance does culture has in the market and what are
its determinants?
All the aspects of this technique are crucial for any industry a business
might be in. More than just understanding the market, this framework
represents one of the vertebras of the backbone of strategic management
that not only defines what a company should do, but also accounts for an
organizations goals and the strategies stringed to them.
It may be so, that the importance of each of the factors may be different
to different kinds of industries, but it is imperative to any strategy a
company wants to develop that they conduct the PESTLE analysis as it
forms a much more comprehensive version of the SWOT analysis.
It is very critical for one to understand the complete depth of each of the
letters of the PESTLE. It is as below:
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PEST Analysis
SWOT Analysis
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There are certain questions that one needs to ask while conducting this
analysis, which give them an idea of what things to keep in mind. They
are:
What is the political situation of the country and how can it affect
the industry?
What are the prevalent economic factors?
How much importance does culture has in the market and what are
its determinants?
Are there any current legislations that regulate the industry or can
there be any change in the legislations for the industry?
All the aspects of this technique are crucial for any industry a business
might be in. More than just understanding the market, this framework
represents one of the vertebras of the backbone of strategic management
that not only defines what a company should do, but also accounts for an
organizations goals and the strategies stringed to them.
It may be so, that the importance of each of the factors may be different
to different kinds of industries, but it is imperative to any strategy a
company wants to develop that they conduct the PESTLE analysis as it
forms a much more comprehensive version of the SWOT analysis.
It is very critical for one to understand the complete depth of each of the
letters of the PESTLE. It is as below:
1. Political: These factors determine the extent to which a
government may influence the economy or a certain industry. [For
example] a government may impose a new tax or duty due to
which entire revenue generating structures of organizations might
change. Political factors include tax policies, Fiscal policy, trade
tariffs etc. that a government may levy around the fiscal year and it
may affect the business environment (economic environment) to a
great extent.
5. Legal: These factors have both external and internal sides. There
are certain laws that affect the business environment in a certain
country while there are certain policies that companies maintain
for themselves. Legal analysis takes into account both of these
angles and then charts out the strategies in light of these
legislations. For example, consumer laws, safety standards, labor
laws etc.
How you staff your organization and mange your workers takes into
account internal factors you can control, such as scheduling and training,
and external factors you cant, such as the unemployment rate and
changes in the marketplace. Keeping track of internal influences on your
employee management needs helps you maintain the most effective
staffing levels and maximize productivity.
Organizational Structure
Budget
Skill Levels
Productivity
To get the most out of your workers, create the most positive workplace
possible. Offer clear job descriptions and annual reviews, a wellness
program, morale-building activities such as contests or outings, an
employee newsletter and frequent communications about individual,
departmental or company successes.
Compliance
Competition
Compensation
Legislation
Employee Relations
Elements of a teamwork
Trust is the foundation element because it is only with trust that team
conflict can be possible. Teams become dysfunctional when they are
unable to productively deal with conflict and all meaningful
relationships require productive conflict for them to grow.
When teams are not held accountable they tend to look out for their own
interests, rather than the interests of the team. A healthy team places
team results as the most important goal of all. When all team members
place the teams results first the team becomes results orientated.
SUCCESSION PLANNING
Build a data base that can be used to make better staffing decisions
for key jobs