Before any step about how motivation and team work should improve in Walmart, I would like to introduce the company to the readers. Those who visit one of our 11,000 stores or talk to one of our 2.2 million employees in 28 countries around the world will hardly imagine that it all started just over 50 years ago. Everything started in 1962 at a small city called rogers in the middle of Midwest in the state of Arkansas. There was Sam Walton, one very knowledge trader with 44 years old. He began the story of what is now the largest retail network in the world. Ten years after the opening of the first store, the initial public offering (IPO) on the stock exchange accelerated expansion to the company. According to Walmart Inc. databases, the first …show more content…
Manager should understand and get to know each individual and work with them in their unique set of needs and motivate each associate to accomplish their unique needs. Maslow 's theory of motivation is the essence of a hierarchy of human needs, structured by biological, psychological, and social needs. His theory considers the human being in its whole, Maslow sees the human being as an eternal discontented and possessor of a number of needs that relate to each other by a hierarchy where needs must be reasonably satisfied before another manifest as priority. In this hierarchy, human beings seek to satisfy their physiological, basic existence needs and security needs before trying to meet social needs, esteem and personal fulfillment. The concept of personal achievement plays an important role in Maslow 's theory, which defined it as the use and exploitation of talents, capacities, and capabilities. It means making each choose an option for growth, this choice that depends on the human being with their own intimate nature, and be responsible for their actions, regardless of others
Wal-Mart as we know it today evolved from Sam Walton’s goals for great value and great customer service. Mr. Walton’s competitors thought his idea that a successful business could be built around offering lower prices and great service would never work. Mr. Walton also credited the rapid growth of Wal-Mart not just to the low costs that attracted his customers, but also to his associates. He relied on them to give customers the great shopping experience that would keep them coming back. Sam shared his vision for the company with associates in a way that was nearly unheard of in the industry. He made them partners in the success of the company, and firmly believed that this partnership was what made Walmart great.
Wal-Mart is the world’s largest retailer, operating more than 5800 discount stores. Wal-Mart employs more than 1.5 million associates 885,000 in the United States and 225,000 internationally. Walton had a reputation for caring about his customers, his employees, and the community. In order to maintain its market position in the discount retail business, Wal-Mart executives continue to adhere to the management guidelines Sam developed. Walton was a man of simple tastes and took a keen interest in people. He believed in three guiding principles: 1.Customer value and service; 2.Partnership with its associates; 3.Community involvement.
According to Robbins et al; (Robbins et al, pg 296) motivation refers to the process by which a persons efforts are energized, sustained, and directed towards a goal. This definition has three key elements: energy, direction, and persistence. Motivation is a complex and important subject, has historically been given a great deal of attention by Psychologists, who have proposed theories to explain it. (Riggio, pg 188),
Maslow’s theory is simple, if your basic needs our met you will strive to achieve your next level of need. As you achieve human needs you will desire greater needs until you reach self- actualization or transcendence. Throughout this paper first I will be discussing Maslow’s theory and the different levels of achievement. As well as the changes he made to his theory in the 70’s. I will talk about the grouping for these achievements and where they fit in the hierarchy of needs. Secondly, we will talk about how Maslow’s theory motivates and how we use it in our careers. Lastly, I will bring up how this theory fits into the fire service. I will also show how to use it as a motivational tool as a manager. In my conclusion I will discuss the differences we can make just by fallowing this platform of motivation to create the most motivated firefighters.
Have you ever thought about how people become motivated to do things? Maybe you even wonder what motivation really is. Motivation is the desire to do things. Motivation creates a drive that pushes a person close to their breaking point and beyond. It helps an individual reach goals that some couldn’t even imagine of doing. But have you ever truly thought about what motivates people. What really gives people that drive? What empowers people to reach their aspirations? If so you are not alone, a ton of people has thought about what it is the gives people such a drive. Including American psychologist Abraham Maslow. Maslow has created a psychological advanced thinking on what he think inspires people to do such gargantuan complex things. Maslow made a theory, which states that people fulfill needs in stages or levels in life. There are five stages that are divided into basic needs, such as safety, love, and esteem, and growth needs like self-actualization.
Maslow’s hierarchy of need is a psychological theory that was proposed by Maslow in his writing in 1943. It is a theory in psychological review about human motivation. In his writing, Maslow wanted to have a clear understanding what exactly makes people motivated. He believed that there is a system of motivation possessed by individuals, which are not connected to unconscious desires or rewards. Maslow stated that motivation helps people to attain specific needs. An individual desires to get the next need when one is fulfilled.
Motivation is defined as individual internal process that energizes, directs and sustains behavior. Motivation depends on how much the person wants something and how likely they think they will get it. Managers struggle to improve motivation in the workplace, but with the right tools they can become successful. Maslow’s hierarchy of needs is a pyramid of personal satisfaction that need to be met so a person can reach their full potential and be happy. Each level of the pyramid is stratified from the bottom up. A person cannot move up the pyramid until the bottom needs are met. Maslow’s hierarchy is usually a personal tool used to assess how an individual is doing, but businesses adapted this tool to use in the workplace and improve morale.
Maslow (1943) stated that people are motivated to achieve certain needs. When one need is fulfilled, a person seeks to fulfil the next one, and so on. The earliest and most widespread version of Maslow's (1943, 1954) hierarchy of needs includes five motivational needs, often depicted as hierarchical levels within a pyramid.
When Sam Walton died in 1992, some industry insiders doubted that the Wal – Mart chain that he had founded some 30 years earlier would retain its prominence as a discount retailer. Lost for good they feared, would be the “magic spark” that Walton used to light fires under the chain’s 1.3 million associates. And, as Wal – Mart stock failed to enjoy the same bull – market growth as many other companies in the mid – 1990s, the pundits appeared to be correct. Today, however, with stores in all 50 U.S. states and nine other countries, Wal – mart has rebounded, leading the pack of discount stores with record earnings. In fact, with $218 billion in annual sales and 100 million customers per week, Wal – Mart is the world’s largest retailer and was named “Retailer of the Century” by Discount Store News.
Maslow needs theory has received wide recognition particularly among practicing managers. Perhaps it could provide some valuable insight in motivation. Maslow’s hierarchy of needs “hypothesized that within every human being there exists a hierarchy of five needs. Maslow separated the five needs into higher and lower orders. Physiological and safety needs were described as lower-order needs and social, esteem, and self-actualization as higher-order needs. As each of these needs becomes substantially satisfied, the next need becomes dominant. So if you want to motivate someone, you need to understand what level of the hierarchy that person is currently on and focus on satisfying the needs at or above that level.” (Robbins & Judge, 2007, p.187)
...arket, they still attempt to improve their performance in other areas, by contributing to charity and hence improving their local reputation, however they have very low customer and employee satisfaction. These lowered performance indicators stem from low employee motivation. It would be very beneficial for Walmart to increase these performance factors as the small cost of improving employee’s conditions and motivation would be balanced by not having to re-hire 70% of their work force every year.
During his life and in modern days, Maslow’s Hierarchy has been used to enhance leadership in business settings. Many motivational enterprises have taken the Hierarchy of Needs and adapted them to teach leaders how to help their employees achieve a high level of motivation. A company named Ovation Incentives trains that “an employee needs their basic needs such as their salary and work conditions to be fulfilled first before reaching high level needs such as feeling part of something bigger within an organization” (Stead,
Theories of motivation consists two parts. Content and process motivation theories. Content motivation theories focuses mainly on people needs and explains why people have different needs at different times. Content theories of motivation treated as a need or desire, to act for the sake of promoting a certain goal. One most prominent theorist Abraham Maslow (1943) proposed the hierarchy of needs. It states that all the needs of the people can be divided into five categories, aligned incentive effect in descending order: (psychological, safety, social, esteem and self-actualization needs). Psychological are the basic needs to survive, e.g. food, clothes, shelter, warmth, sleep, etc. Safety are the needs like security, stability, freedom from fear, etc. Social needs are the feelings of belongingness, acceptance, being part
Similarly, Maslow's theory also reflects that humans have an internal force to reach their highest potential (Maslow, 1968). Maslow examined the hierarchy of basic human needs and developed a pyramid of requirements which motivates human beings and shapes their personality. At the bottom of his pyramid are found the basic physiological motivations which are necessary for survival such as food and shelter. The next level incorporates the need for safety, both physical and psychological. This is followed by love and belongingness which relate to receiving and giving affection. Presuming the love need is met, the next level up is the need for esteem which includes the feeling of self-esteem and self-respect. At the top of the pyramid stands the complex need for self-actualization which is a meta-need as per Maslow (1964) and we can reach it through peak experiences. It is the highest level of growth when someone reached her or his capacity to the fullest. Maslow estimated that only 1 percent of people ever really fulfil this need (Maslow,
Furthermore, there are three theories which explain the different factors in how employees are motivated based on their needs. The first theory, Maslow’s Hierarchy of Needs, was proved by Abraham Maslow in the years of 1943 and 1954 (McLeod, 2013). Maslow believed that society developed their motivations depending on their needs. Maslow’s Hierarchy of Needs is a theory in which five motivational needs( self-actualization,esteem, belongingness and love, safety, and psychological) are demonstrated in a hierarchy pyramid. The five motivational needs are divided into three categories(basic, psychological, and