Maslow’s Hierarchy of Needs is a foundational theory in psychology and management studies.
It posits that individuals are motivated by a hierarchy of needs, starting with basic physiological requirements like food and shelter, and progressing through safety, social belongingness, esteem, and ultimately self-actualisation. Understanding this theory is crucial for managers, as it provides insights into employee motivation and behaviour. By addressing these needs, businesses can create a conducive work environment, foster employee satisfaction, and ultimately enhance productivity and performance. Read this to help you understand how you can integrate this theory into your university assignments.