|
|||||
Principles
of Management MGT503
VU
Lesson
12.36
EXPECTANCY,
GOAL SETTING AND RE-ENFORCEMENT
THEORIES
Expectancy
Theory is the
theory that an individual
tends to act in a certain
way based on the expectation
that
the act will be followed by a given
outcome and on the attractiveness of
that outcome to the
individual.
Three
relationships are important to this
theory.
1.
Effort-performance
linkage (expectancy) is the probability
perceived by the individual that
exerting
a
given amount of effort will lead to a
certain level of performance.
2.
Performance-reward
linkage (instrumentality) is the degree to which an
individual believes
that
performing
at a particular level is instrumental in, or will
lead to, the attainment of a desired
outcome.
3.
Attractiveness
of the reward (valence) is the importance
that the individual places on the
potential
outcome
or reward that can be
achieved on the job.
4.
There
are four features inherent
in the theory.
a.
What
perceived outcomes does the
job offer the
employee?
b.
How
attractive do employees consider these
outcomes to be?
c.
What
kind of behavior must the
employee exhibit to achieve
these outcomes?
d.
How
does the employee view his
or her chance of doing what is
asked?
5.
The
key to understanding expectancy theory is
understanding an individual's goal and
the linkage
between
effort and performance,
between performance and
rewards, and between rewards
and individual
goal
satisfaction.
Goal-Setting
Theory says
that specific goals increase
performance, and difficult
goals, when accepted,
result
in higher performance than easy goals.
What do we know about goals as
motivators?
1.
Intention
to work toward a goal is a major
source of job motivation.
Specific and challenging
goals
are
superior motivating forces. Specific hard
goals produce a higher level of output
than do generalized
goals.
2.
Is
there a contradiction between
achievement motivation and
goal setting? No, and
here's why.
a.
Goal-setting
theory deals with people in
general; achievement theory is
based only on people
who
have
a high need for achievement.
Difficult goals are still
recommended for the majority of
employees.
b.
The
conclusions of goal-setting theory apply
to those who accept and
are committed to the goals.
Difficult
goals will lead to higher
performance only if they are
accepted.
3.
Will
employees try harder if they participate
in the setting of goals?
a.
We
can't say that participation
is always desirable.
b.
However,
participation is probably preferable to
assigning goals when the
manager expects
resistance.
4.
Will
people do better when they get feedback
on how well they're progressing
toward their goals?
a.
Feedback
acts to guide
behavior.
b.
Self-generated
feedback has been shown to
be a more powerful motivator
than externally generated
feedback.
5.
What
contingencies exist in goal-setting
theory? There are four
contingencies we need to
know
about.
a.
Feedback
influences the goal-performance
relationship.
b.
Goal
commitment is another contingency. Commitment is most
likely to occur when goals
are
made
public, when the individual
has an internal locus of
control, and when the goals
are self-set rather
than
assigned.
c.
Self-efficacy
is another
contingency and refers to an individual's
belief that he or she is
capable of
performing
a task. The higher your
self-efficacy, the more confidence
you have in your ability to
succeed in
a
task.
d.
The
last contingency that affects
goal setting is national
culture.
6.
Our
conclusion about motivation from
goal-setting theory is that
intentions, as defined by hard
and
specific
goals, are a powerful
motivating force.
a.
In
the proper conditions, they can lead to
higher performance.
b.
However,
there's no evidence that
such goals are associated
with increased job
satisfaction.
98
Principles
of Management MGT503
VU
Reinforcement
Theory is counter to
goal-setting theory. It proposes
that behavior is a function of
its
consequences.
1.
Reinforcement
theory argues that behavior
is externally caused.
2.
What
controls behavior are reinforcers,
which are consequences immediately
following a response
that
increase the probability that the
behavior will be
repeated.
3.
Reinforcement
theory ignores factors such
as goals, expectations, and
needs.
4.
It
focuses solely on what happens
when a person takes some
action.
5.
How
can the concept of reinforcement be used
to explain motivation?
a.
People
will most likely engage in a
desired behavior if they are
rewarded for doing
so.
b.
These
rewards are most effective if they
immediately follow a desired
response.
c.
Behavior
that isn't rewarded or is
punished is less likely to be
repeated.
6.
Managers
can influence employees' behavior by
reinforcing the work behaviors they
desire.
Open
Book Management
Open-book
management is a
motivational approach in which an
organization's financial statements (the
"books")
are opened to and shared
with all employees.
1.
The
goal of open-book management is to
get employees to think like
an owner by seeing the
impact
their decisions and actions
have on financial results.
2.
To
be effective, employees have to be taught the
fundamentals of financial statement
analysis and
what
the numbers show.
3.
The
style of management demands
for involvement of employees in
all decision making
for
organization
involving the transparency of financial
statements.
4.
Employees
may be treated as business
partners so productivity and
profitability is enhanced.
Pay-for-performance
programs are
compensation plans that pay
employees on the basis of
some
performance
measure.
1.
Performance-based
compensation is probably most compatible
with expectancy
theory.
2.
The
increasing popularity of pay-for-performance
programs can be explained in terms of
both
motivation
and cost control.
3.
Do
pay-for-performance programs work?
Studies seem to indicate that they
do.
Integrating
Contemporary Theories of
Motivation
1.
The
basic foundation is the simplified
expectancy model.
2.
The
model also considers the
achievement-need, reinforcement and
equity theories.
3.
Rewards
also play an important role
in the model.
99
Table of Contents:
|
|||||