MGMT 3000 Chapter Notes - Chapter 18: Goal Setting, Employee Engagement, Theory X And Theory Y

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Daniel pink"s theory: for most complex right brained problem solving, extrinsic rewards often hinder not help, intrinsic matter more, come from gaining autonomy. Daniel pink"s 3 intrinsic motivational factors: 3 factors lead to better employee performance, higher employee engagement, and higher employee personal satisfaction. Mastery: desire to get better at the things we do. Purpose: having some transcendent purpose beyond pure profit. Acquired needs theory: individuals are driven or motivated by three types of needs: Need for achievement: need to set, meet and exceed goals. Need for affiliation: need to interact, socialize, and develop friendships. Need for power: need to seek opportunities for personal aggrandizement (personal power) or to make an impact on and influence other (socialized power) primary needs, all manager types understand basic distinction. Goal setting theory: setting goals that are difficult, but achievable, is a significant motivator of performance, provided the goals are accepted by the employee.

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