The Theories Of Maslow s Theory - 2929 Words

1. Executive Summary Maslow’s motivational theory, as one of the well known motivational theories in human behavior at work, is widely used in employee motivation. For managers, Maslow theory has a number of implications. In this report, we will analyze the practice of Maslow’s motivational theory in business and exam its effectiveness by looking at how entrepreneur apply this theory to different types of managerial levels, which categorized as non-managerial employees, first-line managers, middle managers and senior managers as well. Also this report states some flaws of the theory. Based on the analysis of various cases, we will make some suggestions about how can today’s managers apply Maslow’s theory in a more effective way in†¦show more content†¦However, in order to accomplish these goals, those five needs are required to fulfill. There are five levels in a triangle and each level represents a goal or one of our needs. The pyramid structure can be break down into five levels. The most basic need is physiological needs, which appears at the bottom, defined as things we need to survive. For next step up is the safety needs, which can be described as people’s need to have a security place to live and work. The former two needs we mentioned are categorized as basic or lower needs. In the middle level is the emotional needs or the belonging needs, which refers to our willingness to have a sense of belonging or build relationship with surrounding people. Next level is esteem needs, which are things that make us feel good or significant. Each time a lower needs is fulfilled, you then can move up to the next needs until you reach the top, which is self-actuation. According to Maslow, self-actualization indicates that people are eager to achieve humans full potential and reach out of the world. The latter two needs that Maslow hierarchy chart show are higher needs. Therefore, Maslow’s hierarchical needs theory mai nly focuses on what actually motivates people to do the things they do, to behave the way they behave. In later years, Maslow expanded this theory into eight-hierarchy level of needs. However, in this paper, we won’t cover the revised version of his