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Competing Through Management

In: Business and Management

Submitted By libbrichus
Words 1189
Pages 5
Answer 1)
I would agree with the statement that ‘A productive worker is happy’.
To analyze this theory we can look at Maslow’s hierarchy of needs which can be assumed to be the function of an individual’s happiness. At the bottom are the various physiological and safety needs which are directly related to a person’s financial status. Higher productivity leads to employees climbing up the corporate ladder faster, which in turn leads to higher salaries and they’re thus able to satisfy their various physiological and safety needs more effectively.
At the top of Maslow’s hierarchy are self-esteem and self-actualization needs which are directly related to a person’s psychological state. Higher productivity in the workplace leads to better recognition and respect from one’s peers, sub-ordinates and superiors which raise the individual’s self-esteem. Moreover, being on the top of the corporate ladder lends one the opportunity to enjoy the company of highly motivated and successful individuals and more free time for leisure activities which help them to reach a higher state of self-actualization.
Moreover, most people spend a large part of their lives in the workplace and even if they were inherently happy by nature, this would cease to be the case if they were not productive and were dissatisfied with their jobs.

Answer 2) Most of Pfefffer’s thirteen factors of competitive success focus on adopting management practices and work culture to motivate employees in a traditional organization. However, as we have seen in the last decade with the growth of technology and Web 2.0 companies, organizational success also depends on the ability of employees to think out of the box and come up with ideas that add to the firm’s existing product or service offerings. Therefore, based on this, two additional factors that I would add to Pfeffer’s thirteen factors of

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