L12-20101013

L12-20101013 - Motivation Theories MBO and Equity Theory...

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1 Motivation Theories MBO and Equity Theory MGMT121 Lecture 12 13 Oct., 2010
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Last lecture: key points Expectancy theory 6 concepts: effort, performance, outcomes, expectancy, instrumentality and valence Workplace applications for expectancy, instrumentality, valence High motivation when expectancy is high, instrumentality is high and valence is high Goal setting theory Specific and difficult goals Importance of goal commitment, goal participation and feedback in goal setting 2
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Critical thinking question p.109 #2 Use all three components of expectancy theory to explain why some employees are motivated to show up for work during a severe storm whereas others make no effort to leave their home. 3
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Expectancy (E-to-P Expectancy) Theory Expectancy is a person’s perception about the extent to which effort (an input) results in a certain level of performance People are motivated to put forth a lot of effort on their jobs only if they think their effort will pay-off in high performance i.e. if they have high expectancy Application This is a perception, so two neighbors will develop different perceptions about their expectancy of reaching the workplace safely in the same snow storm.
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Instrumentality (P-to-O Expectancy) Theory Instrumentality refers to belief that the performance will result in getting the reward People are motivated to perform at a high level only if they think that high performance will lead to (or is instrumental for attaining) outcomes such as pay, job security, interesting jobs assignments, bonuses Application Two people may have different perceptions about the outcomes of attending work. One person may believe that the company does not praise or reward employees for showing up in a snow storm, whereas another person may perceive that the company does reward employees who make this effort.
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Valence (outcome valence) Theory Valence refers to the value a person places on the outcome or reward Generally, the higher the value (importance) of the outcome or reward, the better the chance of motivation Application Employees value different outcomes of going to work or staying at home in a snow storm. One person might stay at home because he doesn’t like the job anyway and this is a good excuse to miss a day of work. Another employee might trek through a snow storm because he thoroughly enjoys work compared to staying at home.
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Critical thinking question p.109 #4 Using your knowledge of the characteristics of setting SMART goals, establish two meaningful goals related to your performance in MGMT121 7
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8 Content Theories Focus on an individual’s needs or the goals they seek to achieve as the basis for motivated behavior • Maslow’s Needs Hierarchy Theory Learned Needs Theory Process Theories Attempt to provide a model of interactions between the variables involved in the motivation process Expectancy Theory Goal-setting Theory Equity Theory
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This note was uploaded on 01/28/2011 for the course MGMT 121 taught by Professor Karenlee during the Fall '10 term at HKUST.

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L12-20101013 - Motivation Theories MBO and Equity Theory...

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