1 Concept
2 Application of Concept in the Scenario or Simulation
3 Reference to Concept in Reading
(below are listed in order)
1 Equity theory
2 Intersect Investment Services has been in a constant state of change, because of this change Interest is having to find ways to motivate its employees and to keep them open to the companies new approach.
3“Equity theory is a model of motivation that explains how people strive for fairness and justice in social exchanges or give-and-take relationships.” (Kinicki & Kreitner, 2004, p. 2).
1 Expectancy theory
2 Intersect investment company has to realize their employees frustrations in the previous market conditions, because of this they will have to work on combination of award programs to continue to keep the teams working hard to meet the company goals and continue to feel they are growing with the company.
3 ”Expectancy theory holds that people are motivated to behave in ways that produce desired combinations of expected outcomes.” (Kinicki & Kreitner, 2004, p. 23).
1 Instrumentality
2 Intersect because of its rocky past year needs to change the mentally of the employees who may believe because the company barley squeaked by that it may be doomed to fail.
3 “Instrumentality It represents a person’s belief that a particular outcome is contingent on accomplishing a specific level of performance. Performance is instrumental when it leads to something else.” (Kinicki & Kreitner, 2004, p. 28).
1 Management by objectives
2 It is key that Intersect use the management style that will most effectively encourage and motivate the employees to not only believe in the companies continuing success, but also in there own. Management by objectives will allow for employee feed back to be gained allowing management to work on any of the concerns and also consider ideas that may have not been brought up.
3 “Management by