Alderfer's ERG Theory Core needs are existence, relatedness and growth Existence- provision of basic material requirements Relatedness-desire for relationships Growth -desire for personal development More than one need can be operative at the same time
Effective Organization Implements an organization's strategy in a manner which satisfies the needs of its multiple stakeholders-customers shareholders, and employees Must be aligned fit with the strategy, situation, and objectives of stakeholders
Leadership versus Management Leadership- the ability to influence group towards the achievement of goals- coping with change Management-the use of authority inherent in designated formal rank to obtain compliance from organizational members-coping with complexity Organizations need both for optimal effectiveness