Maslow's Hierarchy of Needs
Maslow's hierarchy of needs is a motivational theory that explains that people are motivated by five basic categories of human needs. These needs are physiological, safety, love and belonging, esteem, and self-actualization. There is a little scientific basis for this concept of a hierarchy of needs.
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McClelland's Theory of Needs is a human motivation theory which states that an individual's specific needs are acquired over time through our culture and life experiences. As per the three needs theory, these acquired needs significantly influence the behavior of an individual. The three main driving motivators are the needs for achievement, affiliation, and power.
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Principles of management are fundamental concepts and advisory guidelines for managerial decision making. By using management principles, managers can more easily achieve the objectives and avoid making mistakes in their activities. Management principles can be applied to any kind of organization and to managers at all organizational levels.
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The development of teams is an ongoing process because the composition of the team may keep on changing. The new members may join and the old members may leave the team. The team members pass through several stages for the development of the team and there has been a lot of research to identify these stages. In this article, we discuss the common theories of team development.
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Modern Approaches to Management
The modern approaches to management look at organizational management in the current context. They take a holistic approach and look at organizations as a collection of interrelated parts influenced by both internal dynamics and also the larger external environment. These modern management theories have played a significant role in the evolution of management studies.
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Investment Theory of Creativity
Sternberg in the year 2006, proposed the investment and confluence theory focused on understanding creativity. According to the investment theory, creativity requires a confluence of six distinct but interrelated resources known as intellectual abilities, knowledge, styles of thinking, personality, motivation, and environment. It emphasizes that creativity is not about one thing, but about a system of things.
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Many different types of teams have been identified by social scientists. Managers may encounter the diverse types of challenges while managing different kinds of teams. Challenges associated with Cross-Functional Teams might be different from that of a Geographically Dispersed Team or a Virtual Team. This article explores some common categories and subtypes of teams.
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Power is the ability to exercise influence or control over others. Leadership involves authority and it is very important for leaders to understand what type of power they're using. The 5 Types of Power in Leadership are Coercive power, expert power, legitimate power, referent power, and reward power. Authority is the right to command and extract obedience from others. It comes from the organization and it allows the leader to use power.
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In today's business world, proficiency in management skills is essential for career growth and success. Managerial skills can be defined as attributes or abilities that are essential for every leader and manager to succeed and fulfill specific tasks expected from them by the organization.
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Managers have to perform many roles in an organization, and how they handle various situations will depend on their style of management. Management styles are the characteristic ways, of making decisions relating to subordinates. These are the strategies, efforts, or direction used by the manager, to create an efficient workplace, to achieve organizational goals. A management style is the method of leadership used by a manager.
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The ten most important qualities that define a good leader are self-awareness, interpersonal and communication skills, ethical values, organizational consciousness, self-confidence, adaptability and flexibility, imagination and creativity, focus & result-orientation, continuous self-development and accountability and ownership for his actions. These ten qualities of leadership every good leader should possess to a certain extent and must continually strive to develop them.
