MGT 291 Lecture 2: MGT291_10-12-16
Document Summary
Rewards diminish performance: unless the task requires no creativity. If you do this, you get that: double sided coin, not receiving a reward that you are expecting is the same thing as a. Why rewards don"t work: quoted in cone"s article. If you don"t: managers are being lazy, they aren"t looking into why there was good, you won"t risk losing the reward for bigger opportunities, giving a reward implies that the task is something you wouldn"t want. Goals direct attention (select the right activities) Goals regulate effort (get us to act) Goals foster development of strategies and action plans. Set a goal at the top and set goals on the way down the pyramid. A system of decision making, goal setting, and feedback. Linking monetary incentives to goals is dangerous. Neglected aspects of job not covered by goals. If the goal is too difficult, they won"t commit to the goals.
