MSCI211 Lecture Notes - Theory X And Theory Y, Reward System, Goal Setting

• School: University of Waterloo
• Department: Management Sciences
• Course: MSCI211
• Professor: Clifford Blake

Document Summary

Motivation: the internal and external forces that lead an individual towards a goal. Theory x: people don"t want to work, and will try to avoid it. Must be controlled or threatened to achieve goals. Theory y: people like to work, and will be creative and seek responsibility in order to reach their goals. Intrinsic motivators: internal desire to do something (personal satisfaction, a challenge) Extrinsic motivators: external motivators like pay, bonuses etc. Maslow"s hierarchy of needs: once the bottom tier is satisfied, the next tier will motivate the person, and so on. Top to bottom examples (self-fulfillment, status, friendship, security from harm, hunger) Erg theory: (existence, relatedness, growth) is just a combined version of. The only difference is showing that more than one of maslows" tiers can be at work at the same time. Mcclelland theory: need for achievement (differentiate themselves), need for. Power (impact and influence), and need for affiliation (friendship).