Asked by aravind balaji on Jul 02, 2024

verifed

Verified

According to McClelland's Learned Needs Theory,the need for achievement is more important for managerial success than the need for institutional power.

Need For Achievement

A psychological trait that drives individuals to seek success and accomplishment in their endeavors.

Managerial Success

The achievement of desired business outcomes and objectives through effective leadership, decision-making, and resource management.

Institutional Power

The authority and influence possessed by an organization, enabling it to control or direct societal or organizational outcomes.

  • Identify the variances among motivation theories such as Maslow's hierarchy of needs, McClelland's theory of learned needs, and Herzberg's two-factor theory.
  • Evaluate the significance of drive for achievement in managerial effectiveness and leading roles.
verifed

Verified Answer

KD
Kayla Davies8 days ago
Final Answer :
False
Explanation :
McClelland's Learned Needs Theory suggests that the need for power, especially institutional power (the desire to organize others to further the goals of the organization), is more important for managerial success than the need for achievement. Managers with a high need for institutional power tend to be more effective in their roles.