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A Study on Motivation and Self Actualisation For Professionals In

                                                                    st
                                                 SMEs in The 21  Century

                           Himali M. Natekar, Research Scholar, Tilak Maharashtra Vidyapeeth, Pune

                                  Dr. Susheel P Kandalgaonkar, Former Director IMDR Pune



                       ABSTRACT: This paper aims to understand the concept of Self actualisation based
                       on Maslow’s hierarchy of human need in today’s modern context and its relevance for

                       the  modern  professional  in  SMEs.    It  begins  with  understanding  the  concept  of
                       disillusioned  professional  in  SMEs  and  goes  ahead  to  discuss  human  potential  at

                       length. It then talks about the concept of whole man and throws light upon the fact

                       that conventional definitions of a complete individual are short sighted and there is no
                       standard  definition  of  success  or  completeness  of  an  individual.  Finally,  there  is  a

                       discussion on market and personality market and how personality hype takes over real
                       substance in today’s contemporary world.

                       keywords : Motivation, Self actualisation, Whole Man


                       Introduction

                       Abraham Maslow’s model of hierarchy of human need (1940) is a well-known theory

                       in management literature. Maslow’s hierarchy theory gained popularity primarily due
                       to its easy interpretation and intuitive appeal. Maslow has pointed to an evolvement of

                       the  human  middle-class  values  as  a  sequence  which  progresses  from  lower  order
                       needs to higher order needs. Needless to say, it has a feelgood factor with a hope that

                       ‘self-esteem and self-actualisation’ would be accessible to all of us, and psychological

                       growth and maturity is as inevitable as physical growth of human body.
                       Hierarchy  of  needs  theory  promotes  an  understanding  that  adults  live  in  a  need

                       context of silos and they do not aspire or hold a higher need level unless lower level

                       of need is satisfied. In other words, a person who is deprived of material resources
                       like food, shelter and clothes would not desire to satisfy his/her need for love, self-

                       esteem  and  self-actualisation.  This  is  certainly  not  our  experience  of  living  in  a
                       society. We find that the poor are as conscious as or even more so, of self-respect than

                       the affluent class. Similarly, a tribal may have more concern for community living
                       and  love  for  fellow  beings  and  nature  without  having  any  economic  security.  In






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