The role of Mission Vision and Value Both Vision and Mission are related to an organization’s purpose and communicated in some written form. They are statements from the organization and that answer questions about who we are, what do we value, and where we’re going. According to the consulting firm Bain and Company reports, that 90% of the 500 firms surveyed issue some form of mission and vision statements. (Bart & Baetz, 1998). The organization with clearly communicated, widely understood, and collectively shared mission and vision have been shown to perform better than those without them, with the caveat that they related to effectiveness only when strategy and goals and objectives were aligned with them as well (Bart, et. al., 2001). Mission Statements communicate the organization’s reason for being, and how it aims to serve its key stakeholders. Customers, employees, and investors are the stakeholders most often emphasized, but other stakeholders...
Maslow's theory has been teaching us since our school hood. In my opinion Maslow's theory will continue to be used not only in the past but also in the future with various changes. Maslow's hierarchy provides a basic path for self-improvement. Originally employment fell into the Safety category, but today it is relevant to upper levels of the pyramid. The world is facing an unexpected situation. However Roy, B.D. explained Maslow’s Hierarchy of needs in post COVID - 19 as follows:
ReplyDeleteSelf-actualization needs – the limited infrastructure and communication channels affected
Esteem needs – It has been compromised severely. Managers and peers
Belonging needs – the flow of communication is compromised.
Safety Needs/ physiological needs – anxiety, stress over the job security, future, uncontrolled and unorganized work environment. (https://blog.vantagecircle.com/maslows-hierarchy-of-needs-in-employee-engagement/)
Maslow's theory is useful for both organizational and personal growth. Employers and employees can develop a mutual relationship by identifying human needs and motivational drivers. This theory seems still relevant for 2021 but it doesn't capture individuals wholly.The physiological and safety needs look relevant but other levels may reflect the cultural values.
ReplyDeleteMaslow's theory is useful for both organizational and personal growth. Employers and employees can develop a mutual relationship by identifying human needs and motivational drivers. This theory seems still relevant for 2021 but it doesn't capture individuals wholly.The physiological and safety needs look relevant but other levels may reflect the cultural values.
ReplyDeleteThe biggest advantage of Maslow theory of motivation is that it is very simple to understand and even layman can understand and relate to this theory because we all go through one or other stage of needs pyramid during our lifetime.
ReplyDeleteHowever there are limitations to Maslow's theory, which is a major problem with hierarchy-of-needs theory is that it cannot be verified empirically, because there is no proper method to measure accurately how satisfied one level of need must be before the next higher need becomes operative. Maslow considered only a narrow segment of the human population.
Due to this covid era people again start from the bottom line from the Maslow's theory and There’s no need to discuss the absolute chaos of 2020 – punctuated by a global pandemic. In the HR world, we learned so many lessons – and had to change strategies quickly without our usual luxury of research, analysis, proposal and approvals. We had to move – fast. Foremost in our minds was the safety, health and security of our employees. Definitely a gargantuan task. In every organization, in every industry, the new “C” word took center stage. And for the most part, we survived, thrived and succeeded.
ReplyDeleteOur number one lesson? We couldn’t expect our employees to engage with our companies and with their jobs until we were able to meet the basic human need of safety.
Generally, a person beginning their career will be very concerned with physiological needs such as adequate wages and stable income and security needs such as benefits and a safe work environment. We all want a good salary to meet the needs of our family and we want to work in a stable environment.
ReplyDeleteEmployees whose lowest level needs have not been met will make job decisions based on compensation, safety, or stability concerns. Also, employees will revert to satisfying their lowest level needs when these needs are no longer met or are threatened
Maslow's theory is applicable to both understanding how employees feel involved and how the hierarchy needs to be sustained. the standard of living of a well-paid job includes being able to provide basic necessities such as health care and housing without fear of extreme poverty. These people need these security requirements to be met in order to be satisfied. They are dependent on the recognition and the feeling of accomplishment from their colleagues to remain motivated.
ReplyDeleteGood topic .I would like to mention that Maslow's hierarchy of needs is relevant to organizational theory as both are concerned with human motivation. Understanding what people need and how people's needs differ is a crucial part of effective management.
ReplyDeleteModern motivation has moved on from Maslow’s Hierarchy of Needs alone. However, this simple motivation tool remains vital and it will assist HR professionals achieve several organizational goals, such as improved staff retention and employee engagement, as long as they understand how to apply it in a practical manner and regularly adapt to satisfy their employees’ changing needs.