Title: Motivation Management Theories | Bizfluent
Headings: Motivation Management Theories
Motivation Management Theories
Acquired Needs Theory
Owen and Motivation in Management
Maslow's Hierarchy of Needs
Two Factor Theory
The ERG Theory

Content: The needs that Maslow identified include physiological, safety, social, esteem and self-actualization. According to this theory, management can motivate workers by meeting their most basic human needs and building on them. For example, management should ensure that employees are allotted a fair amount of time for food, social interaction and breaks. In addition, companies can use the theory's pyramid of needs to make their products better appeal to customers' needs from the lower to higher levels. For example, customers whose physiological needs are not satisfied are not yet ready to focus on luxury goods near the top of the pyramid. On the other hand, customers near the top of the pyramid would be interested in products or services related to hobbies and travel. Two Factor Theory
The two factor theory identifies two main sources of motivation for people in the workforce. The first is hygiene factors, such as the working environment, a person's salary, job security and management styles. The second motivator in this theory is satisfaction, which include achievement, status, recognition, responsibility and potential growth. The more these factors are present in a worker's environment, the more an employee will be motivated.