BU288 Lecture Notes - Lecture 9: Google, Goal Setting, Equity Theory
Document Summary
For next class read and bring the well-paid receptionist from the case package: answer the questions on the next slide. Managerial implications of equity theory: perceived underpayment will have a variety of negative motivational consequences for the organization, attempting to solve organizational problems through overpayment might not have the intended motivational effect. What kinds of goals are motivational: smart goals, goal specificity, goal challenge, goal acceptance, goal feedback. Managerial implications of goal setting theory: set specific and challenging goals, provide ongoing feedback so that individuals can compare their performance with the goal. Goal commitment individuals must be committed to specific, challenging goals if the goals are to be motivational the effect of goals on performance is strongest when individuals have high goal commitment. Participation: participation can improve goal commitment and facilitate performance in some situations, when a climate of trust exists between management and employees, when participation provides information that assists in the establishment of fair, realistic goals.
