Answer to Question #152585 in Management for Wajahat Ali Raki

Question

Why is maslow's hierarchy of need importance in management? with example.

Answer 1

Maslow's hierarchy of needs is important to organizational philosophy because they are both dealing with individual motivation. Recognizing what people need—and how many people's expectations are—is an integral part of good management. Some people, for example, work mainly for money, but they also want to go to work because they enjoy feeling accepted by others and praised for their good work.

Maslow's hierarchy of needs implies that if the lower need is not satisfied, the higher needs will be overlooked. For example, if workers lack job protection and are worried that they will be dismissed, they will be even more concerned with their monetary well-being and fulfill lower needs, such as paying rent, expenses, etc. However, if workers earn sufficient financial benefits and have workplace protection, positive community relationships, and recognition for good performance may be more powerful motivators.