Unit 3 AOS 2 Flashcards
Human resource management and how it achieves objectives
Is the organisation of employees roles pay and working conditions. Effective management of people is likely to result in a business fulfilling its business objectives.
Maslows hierarchy of needs
Is a motiational theory that suggest all humans have five fundamental needs that they strive to achieve, being physiological, safety, social, self esteem, and self actualisation.
maslows strengths and limitations
Strengths:
* Gives managers a clear structure
* Once established, hopefully ‘set and forget’
Limitations:
* Assumes all employees are more motivated by the same things in the same order
* Assumes nothing else motivates employees
* Can be tricky to track where each employee is on the hierarchy
Four Drive Theory
Is a motivational theory that suggests that employees strive to achieve four fundamental needs being acquire, bond, learn and defend.
Strengths:
* A manager can target the different drives of specific groups of employees
* A manger can attempt to motivate all employees by supporting all four drives simultaneously
Limitations:
* Employees may not value all drives equally
* Determining specific needs of specific groups/ individuals can be time consuming
Goal setting theory
Is a motivational theory stating that setting goals improves performance and that these goals should be clear and specific as well as challenging but achievable.
Strengths:
* A very focused and ‘individual specific’ approach
* hopefully aligns with business objectives
* Easy to assess whether the goal is achieved
* Improve trust and relationships
Limitations:
* Can be extremely timw consuming
* Can be hard to allign personal and business objectives
Motivation strategies
Performace related pay: salary or wages system based on how well an employee works. i.e. sales people, real estate agents.
Career advancement: the prospect and opportunity
