BUS 374 Chapter 6: Ch. 6 Notes

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 374
• Professor: Marina Puricelli

Document Summary

Goal-setting theory = appropriate goal difficulty, specificity, acceptance, commitment all will result in higher levels of motivated performance. Management by objectives (mbo) = extends goal setting throughout org by cascading goals down from top of firm to bottom. Perf management = process where work behaviours measured & compared w/ est standards. Purpose: provide info for org uses (i. e. compensation, personnel planning, training, dvlpt) Purposes of reward sys: attract, retain & motivate qualified employees, maintain pay structure that is internally equitable & externally competitive. Rewards have both surface & symbolic value. Must consider motivational impact, cost, fit w/ org sys when designing/analyzing reward sys. Effective management of reward sys req that performance be linked w/ rewards.