Outline the different stages in Maslow's hierarchy of needs and illustrate how 3 Dimension Ltd applies this theory to motivate its employees - Leaving Cert Business - Question 4 C - 2014
Question 4 C
Outline the different stages in Maslow's hierarchy of needs and illustrate how 3 Dimension Ltd applies this theory to motivate its employees.
3 Dimension Ltd offers... show full transcript
Worked Solution & Example Answer:Outline the different stages in Maslow's hierarchy of needs and illustrate how 3 Dimension Ltd applies this theory to motivate its employees - Leaving Cert Business - Question 4 C - 2014
Step 1
The need for Food/Shelter (Physical Needs)
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Answer
Managers at 3 Dimension Ltd can motivate employees by ensuring they receive a fair wage, bonuses, and profit-sharing schemes that cover basic physical needs such as food, clothing, and shelter.
Step 2
The need for Security and predictability (Safety/Security Needs)
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Answer
3 Dimension Ltd ensures job security by offering long-term contracts of employment and providing a safe working environment through health and safety regulations.
Step 3
The need for love and friendship (Social Needs/Acceptance)
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Answer
The company fosters teamwork by holding weekly team meetings, which enhances employees' sense of belonging and strengthens their relationships with coworkers.
Step 4
The need for status, respect & appreciation by others (Esteem Needs)
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Managers at 3 Dimension Ltd recognize and reward staff achievements, which provides employees with a sense of value and encourages them to strive for higher performance.
Step 5
The need to realise one’s full potential (Self-Actualisation Needs)
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Answer
3 Dimension Ltd promotes career progression by offering training programs and opportunities for employees to take on new challenges, facilitating their professional growth and development.
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