Distinguish between and discuss McGregor's Theories and Essay

Distinguish between and discuss McGregor's Theories and Maslow'hierarchy of needs in relation to modern marine management practice - Essay Example Any marine management company would like to keep individuals working for the company engaged and motivated in their work. However, the process of engaging individuals as well as providing the motivation to all concerned parties is not an easy one since motivation is based on several different facets depending on the needs of the individual. Understanding this process of motivation requires careful management, a view of the psychological contract and understanding the work-life balance which prevents employees from burning out (Erdogan, 2005). In terms of individual motivation, people who are better able to create and understand abstract motivational symbols for themselves will have better responses to both internal and external factors that help in the process of motivation (Brown, 1999). For instance, the symbol of money can be understood by any civilization which has a basic economy but the idea of pleasure and other higher order needs may vary from individual to individual. The same is the case with the idea of pain; therefore, an individual may not seek out pleasure or avoid pain in a rational way if they are not clear about the symbolic value of these concepts or if the symbolic connections for the individual are completely different as compared to the ideas upheld by the world around them (Weiner, 1992). In that scenario, the humanistic theory can applied to the concept of motivating individuals towards better performance since it takes a baseline of needs which all human beings have. Maslow is considered to be the authority when it comes to applying the Humanistic perspective to motivation. The central contribution made by Maslow deals with the pyramid of needs which was described by him to show the hierarchy of motivational factors for human beings (Maslow, 1971). The first level of needs that have to be satisfied for an individual are physiological, i.e. Oxygen, nourishment, warmth and other necessities which are required for