Business Psychology Assignment Help

Congratulations on getting into one of the most in-demand degrees on the globe! Business Psychology professionals are covered by Organisations across the world. It is because Business Psychology professionals are behind devising innovative solutions to human resource and communication-based issues. But hey, before you step out of your college and own the world. There are hundreds of assignments that you would need to submit. Fortunately, you are not alone. Avail high-quality Business Psychology Assignment Help from experts at My Assignment Services!

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Business Psychology Fundamentals

What is Business Psychology? 

Business Psychology is a science with a special emphasis on identifying and developing the psychological techniques, performance metrics, evaluation models, and improvement tools based on the documented and researched knowledge of psychology in corporate setups.

Essentially, it combines the study as well as the practice of perpetually improving working atmospheres and work-life in the offices across the globe. It imports the understanding of human behavior from psychology and experiences of different humans in a working setup. Thus, it collates an effective, sustainable, and inclusive model for improving the performance of organizations and employees altogether.

The Hawthorne Effect

The Hawthorne effects state the feeling of being watched or observed by someone can lead to higher rates of productivity. Back in the 1920s, researchers noted the productivity of factory workers under the observation of their bosses and without it. As a result, productivity went up by almost 30%. It advocates that employees feel motivated to work even more when attention is paid to their work and when the spotlight is on them.

We can derive a conclusion for the managers and leaders that their employees would work harder if they have a feeling that they are being observed in some sense. On the other hand, micro-managing employees levy the opposite effect. Micro-management makes employees feel inferior about themselves and thus lessens productivity.

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Maslow's Hierarchy of Needs 

Maslow's theory is one of the most famous theories in the field of psychology, organizational behavior, and human motivations.

As the name suggests, this hierarchy states that a person's basic needs should be met before the needs of higher orders are met. For example, a person looking for food and shelter would not be satisfied with respect and appreciation as he would be with the food and a secure roof.

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The 5 stages of Maslow's model are as followed: 

Physiological- Employees look for a fair salary to cover their expenses and get a shelter for themselves.

Safety- As a trend, most of the companies offer perks like insurance, under their package, but alternatively, one can do another thing as a leader by reminding employees about the great job that they do regularly. Employees look forward to appreciation and recognition at the workplace.

Belonging- While managers can't control people to build strong bonds with the team, they can always encourage team building and foster a comfortable atmosphere for everyone at work.

Esteem-Research shows that recognition at the workplace by coworkers means a lot of our employees. We can encourage an environment through praises and constructive feedback. Letting employees manage their work, for the most part, would also help them have a sense of belonging and confidence in the workplace.

Self-actualization: At this stage, employees must be handed over with some projects and positions of responsibility to let them feel good about themselves. 

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