Wednesday, December 21, 2011

Management Theories in Small business

Is SaaS ERP Ready for the 2011 Business World? Part III

Not long ago, in fact, Gartner Research came out with findings that were not too positive in regards to the SaaS ERP market in a report entitled, "SaaS Impact on ERP". Ms. Ganly writes, "The growth rate for SaaS ERP suites will be a small proportion of the overall market growth, because mature robust solutions are unlikely to emerge by 2011." An additional issue preventing SaaS ERP from making strong inroads into the large business market revolves around the problems created by IT. Due to staff confines, SaaS ERP appeals to many businesses who believe this model of ERP will free up staff to concentrate on other strategic processes.

Is SaaS ERP Ready for the 2011 Business World? ; A popular and well known management theory is Maslow's Hiearchy of Needs. ;Maslow's Hierarchy of needs groups individuals into five basic categories: physiological, safety, belongingness, esteem and self actualization. A person's needs for status, food, social interaction and so forth, change daily or weekly, not every few years.Another management theory is The ERG Theory. ;The ERG Theory is similar to Maslow's theory but only groups them into three categories; existence, relatedness and growth. Both theories help to understand the most basic human needs but they still fail to explain the dynamics of employee needs.

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