Principles of Management Learning Session # 36 Dr. A. Rashid Kausar

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Principles of Management Learning Session # 36 Dr. A. Rashid Kausar

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Principles of Management Learning Session # 36 Dr. A. Rashid Kausar. Re-cap of Session # 35. Cognitive or Process Perspective Theories . 1. Equity Theory 2. Expectancy Theory 3. Goal-setting Theory. Goal-setting Theory. - PowerPoint PPT Presentation

Transcript of Principles of Management Learning Session # 36 Dr. A. Rashid Kausar

Page 1: Principles of Management Learning Session # 36 Dr. A. Rashid Kausar

Principlesof

ManagementLearning Session # 36

Dr. A. Rashid Kausar

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Re-capof

Session # 35

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Cognitive or Process Perspective Theories

1. Equity Theory2. Expectancy Theory3. Goal-setting Theory

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Goal-setting TheoryIt works by focussing attention on action,

mobilising effort, increasing persistence, & encouraging the development of strategy

to achieve goals.

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Goal-Setting Theory

Goal DifficultyExtent to which a goal is challenging and requires

effort.

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Goal-Setting Theory

Goal SpecificityClarity and precision of

the goal.

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Goal-Setting Theory

Goal AcceptanceExtent to which

persons accept a goal as their own.

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Goal-Setting Theory

Goal CommitmentExtent to which an

individual is personally interested in reaching

a goal.

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Goal-Setting Theory

Performance Feedback

Informationon goal progress

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Motivating with Goal-Setting Theory1. Assign specific, challenging goals2. Make sure workers truly accept organizational goals3. Provide frequent, specific performance-related feedback

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Integrated ModelMotivating with

the Basics

Motivating with Equity Theory

Motivating with Expectancy Theory

Motivating with Reinforcement

Theory

Motivating with Goal-Setting Theory

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Reinforcement THEORY

It explains the role of rewards as they cause behavior to change or remain the same over

time.

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Reinforcement ProcessStimulus

(situation)

Response(behavior)

Consequences(rewards and punishments)

Future Behavior

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Reinforcement THEORY

Positive Reinforcement

It strengthens behavior by providing a

desirable consequence.

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Reinforcement THEORY

(-ve) or Avoidance Withholding un-pleasent consequence

strengthens behavior .

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Reinforcement THEORY

Punishment It weakens behavior

by providing an undesirable

consequence.

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Reinforcement THEORYExtinction

It weakens behavior by not providing a

desirable consequence.

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Using Reinforcement Theory:Encourage desired behaviour,Be clear on what is desired. Use variable interval & variable ratio Punish promptly.

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Current Issues In Motivation

Open-Book Management1. Involve employees in workplace decisions by opening up the financial

statements.2. Workers treated as business

partners.

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Current Issues In Motivation

Open-Book Management3. Get workers to think like

an owner.4. May also provide

bonuses based on profit improvements.

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Current Issues In Motivation

Motivating Professionals1. They are more loyal to

their profession than their employer ?

2. They value challenging jobs and need the support

for their work.

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Current Issues In Motivation

Motivating ProfessionalsProfessionals tend to derive

intrinsic satisfaction from their work and receive

higher pay.

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Social Learning Theory

Theory arguing that learning occurs through continuous reciprocal interaction of our behaviours, various personal factors and environmental forces.

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Other Motivational Strategies

1. Empowerment2. Participation

3. Variable Work SchedulesCompressed work schedule

4. Flexible Work SchedulesFlextime

Job Sharing Telecommuting

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Designing Effective Systems

Reward system must meet an individual’s needs.

Rewards should compare favorably with other organizations.

Distribution of rewards must be perceived to be equitable.

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Designing Effective Systems

Reward system must recognize different

needs.Merit system.

Incentive system.

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Leadership