Unformatted text preview: competitiveness, you have to obtain, retain, and engage your organization’s most valuable resource: Human resources. My advice for managing people is: First, study all management approaches to find something applicable to your particular personel management. You should meet your employees’ psychological needs, reflected through Maslow’s hierarchy of needs because their needs of self-actualization and esteem are more important than their economical ones. They feel happy by receiving many fringe benefits, days off, flexible hours, rewards and promotion. Second, perform participative management by getting them involed in decision making process. Last, under contingency perspective, you should categorize the situations and choose the most appropriate staff to handle such situations effectively....
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- Spring '11
- Chief Executive Officer, Thomas J. Watson, Dr. Mansour Sharifzadeh, Founder of IBM