Sometime when we try to istall the vmware tool from the menu, nothing will happen. So we need to do manual install.
From the Host (MAC), go to Application/vmware. Right click and select 'show package contents'. Navigate to Content/Library/isoimages. Grab the .iso (windows.iso or linux.iso depends on which guest OS we're trying to use) and make a copy to the for example : desktop.
From the guest OS, connect CD, and mount that ISO and windows will detect the CD and then find and run the installer from inside the CD.
Cheers.