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Similarities between Maslow's and Locke and Latham's Theories
- Achieving a goal in Locke and Latham's Theory is similar to meeting esteem and self actualisation needs in Maslow's
- Both theories focus on achieving one thing at a time, one goal at a time/one need at a time
Differences between Maslow's and Locke and Latham's Theories
- Maslow's theory is ongoing, whereas locke and lathams is only for a short term goal
- Maslow focuses on the internal needs of the employees, whereas Locke and Latham focus on goals that are external to the employees
Similarities between The Four Drives Theory and Locke and Latham's Theories
- The manager needs to understand the needs of the employees, to set effective goals/satisfy the four drives
- Cooperation between employee and manager is important, with the manager providing feedback to the employee for their goals/understanding how each drive effects employees
Differences between The Four Drives Theory and Locke and Latham's Theories
- In Locke and Latham's an employee only attempts to achieve one goal at a time but employees are expected to desire all four drives at the same time
- Locke and Latham's focuses more on business objectives, whereas the Four Drives focus more on individual employee motivation
Similarities between Maslow's and the Four Drive's Theory
- Both theories outline human needs and behaviours, where the Four Drives are similar to some of the needs in Maslow's hierarchy (Physiological need/Drive to acquire, Social need/Drive to bond)
Differences between Maslow's and the Four Drive's Theory
- Maslow's needs are hierarchies where one needs to be completed before the next, the Four Drives can all be satisfied at any time
- As Maslow is a hierarchy there is more importance placed on the higher needs, whereas the Four Drives are all given equal importance
Are rewards in Maslow's Hierarchy intrinsic or extrinsic
- Physiological and safety needs are extrinsic
- Social needs are a mix of both
- Esteem and Self-Acculaisation are intrinsic
Are rewards in Locke and Latham's Goal Setting Theory intrinsic or extrinsic
- Employees may receive extrinsic rewards for completing a goal (Pay rise, Promotion)
- Employees may receive intrinsic rewards if the 5 principles are applied (Every principle increases satisfaction when goal is completed)
Are rewards in The Four Drive Theory intrinsic or extrinsic
- Drive to acquire is satisfied through extrinsic rewards
- Other Drives are satisfied through intrinsic rewards
What is an Extrinsic Reward
a tangible or physical reward given to someone for achieving something
- financial reward, trophy, certificate
What is an Intrinsic Reward
- An intangible reward that comes from within the person achieving success or performing well
- Sense of satisfaction or fulfilment