Classic Management Theories
3) Motivation
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1) Introduction
In the last infographic in our Classic Management Theories Series, we look at theories of motivation from Maslow and Herzberg.
Motivating your employees, ensuring they buy in to your firm’s values and purpose, is the first step in creating a shared positive culture that drives success.
What motivates you in your work? What motivates your team? How as a leader or manager can you inspire success?
At Bigrock, we are currently optimising a model for cultural change to motivate individuals, managers and leaders around their firm’s vision and values by creating an environment for excellence.
2) Maslow’s Hierarchy of Needs
Maslow’s Hierarchy of Needs is a motivational theory in psychology which comprises of a five-tier model of human needs, often depicted as hierarchical levels within a pyramid or triangle. The core idea is that individuals must satisfy lower-level needs before progressing to satisfy higher-level needs; moving up the pyramid or triangle as they go.
3) Herzberg’s Motivation Theory
Herzberg’s two-factor motivation theory suggests that job satisfaction is influenced by two factors: motivators and hygiene factors, as shown below…
MOTIVATORS
ACHIEVEMENT
RECOGNITION
WORK ITSELF
RESPONSIBILITY
PERSONAL GROWTH
HYGIENE FACTORS
COMPANY POLICY
STYLE OF SUPERVISION
WORKING CONDITIONS
SALARY
RELATIONSHIP WITH PEERS & SUBORDINATES
STATUS
SECURITY
