Management and Organizational Studies 1021A/B Lecture Notes - Lecture 10: Jack Welch

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 1021A/B
• Professor: James O' Brien

Document Summary

Leadership an extroverted personality is the key determinant of leadership effectiveness (3: false (24%) outgoing personality is an asset for leadership; but intelligence is even more important; training contributes to effective leadership behaviour (barling et al. , Motivation and incentives people believe that others are more motivated by money than they are (16: true (60%, heath (1999) and the extrinsic incentives bias (overestimated), in multiple experimental studies. Self-ranking (most important): learning, skills, feel good, pay, worthwhile. Predictions about ee"s: pay, security, benefits, praise, feel good. Actual results of ee"s: skills, worthwhile, learning, benefits, security. Input into designing compensation systems from mba students is wrong! Correlation of 0. 22; would"ve done far better job if they used their own evaluations to predict ee"s. In social science, and under evidence-based management, a major problem is how do we know what we know? 40-50 page document on all 30 items on rynes test.