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6106 BUEG Business Management
Fiona Brothwick
496048
Are people the main asset of a business?
Abstract
This paper investigates are people the main asset of a construction business and is motivation one of the most important factors affecting human behaviour and performance within the industry. This paper aims to review Maslow’s hierarchy of needs and Herzberg’s two factor theory and see how it employees motivation in today’s organisations.
Introduction
A common phrase used by management with companies in the modern working world is that '...people are a company’s most valuable asset”. Twenty five years ago this was not the case and the complete opposite was thought. Businesses appeared to operate despite the best attempts of the workers to take high salary increases for less and less work put in. The corporate world was seen to be 'them and us', referring to the management and the workforce.
Massive Changes have taken place since then which cover a large number of different topics associated to people in all varieties of business organisations such as; * Communication * Motivation * Labour Relations * Job design
Communication within the construction industry is a team effort embracing the client quantity surveyor architect and son on all with the main objective to get the job done has human beings.
People management in organisations is changing more rapidly than any other area of a business. Old views and assumptions are being overturned. Today's workforce have a wide range of different expectations in their working lives which they have a urgency to for fill if a business is going to be successful.
There are major issues of accepting the principle that people the most valuable asset of a business because a basis for decisions is broad, especially within the construction industry. They can be expensive to businesses and

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