Chapter 7 Summaries
Motivation II : Equiry, Expectancy, and Goal Setting
15. 신명석
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Intro) Many CEOs(Chief Execuective Official) are not paid according to the principles of
expectancy theory.
1.
Adam’s Equiry Theory of Motivation
1) Equity theory means holds that motivation is a function of fairness in social exchanges. It’s
mean how equal to input between output. For example, negative inequity means comparison
in which another person receives greater outcomes for similar inputs. But, positive inequity
means comparison in which another person receives lesser outcomes for similar inputs.
2) Dynamics of perceived inequity is famous for equity sensitivity. This means an individual’s
tolerance for negative and positive equity.
3) Expanding the concept of equity.
The concept is referred to distributive justice. This mean the perceived fairness of how
resources and rewards are distributed. Second, procedural justice means the perceived
fairness of the process and procedures used to make allocation decisions. Third, interactional
justice means extent to which people feel fairy treated when procedures are implemented.
2.
Expectancy theory of motivation.
Intro) There is the concept that expectancy theory. This word is referred to holds that people are
motivated to behave in ways that produce valued outcomes.
1) Vroom’s Expectancy theory
There are three type of vroom’s expectancy theory : Expectancy, Instrumentality, Valence.
Expectancy means belief that effort leads to a specific level of performance. Instrumentality
means a performance to outcome perception. At last, Valence means the value of a reward or
outcome.
3.
Motivation through goal setting.
1) Goals : Definiton and background
Goals means what an individual is trying to accomplish. And MBO,management by objectives
means manangement system incorporating participation in decision making, goal setting, and
feedback.
2) How does goal setting work?
First goal act to getting attention ,regulating effort, increasing persitstence and getting the
strategies.
3) Practical application of goal setting
Step 1 : Set goals-> Step 2 : Promote goal commitment-> Step3 : Provide support and feedback