Question

Choose one of the four main theories of motivation. Putting yourself in the position of a manager, explain how you would apply the theory in your own company (the company can be real or made up).

Justify your choice of theory by giving some background information on the industry and company. Why did you choose the theory that you did? What could the long-term impacts of this implementation be for the company?

Answer 1

Maslow's hierarchy of needs theory suggests that individuals are motivated by different levels of needs. As a manager, I would apply this theory in my real estate development company to create a work environment that satisfies the needs of my employees. The long-term impacts could be improved employee satisfaction, increased productivity, and reduced turnover.

Step-by-step explanation:

Maslow's Hierarchy of Needs

Maslow's hierarchy of needs theory suggests that individuals are motivated by different levels of needs, which are arranged in a hierarchical order. The hierarchy includes physiological needs, safety needs, social needs, esteem needs, and self-actualization needs.

If I were a manager in a real estate development company, I would apply Maslow's theory of motivation to create a work environment that satisfies the various needs of my employees. For example, I would ensure that employees have a comfortable and safe workspace, opportunities for social interactions and teamwork, recognition and rewards for their achievements, and opportunities for personal and professional growth.

By implementing Maslow's theory in my company, the long-term impacts could be improved employee satisfaction, increased productivity, and reduced turnover. When employees feel that their needs are met, they are more likely to be motivated, engaged, and committed to their work, resulting in better performance and overall success for the company.