Theories revision

Question 1

Compare and contrast two theories of performance management?

Answer 1

Goal setting theory and expectancy theory are two prominent motivational theories that focus on employee performance management.

While goal setting theory emphasizes the importance of setting clear and specific goals for employees,

expectancy theory focuses on the belief that employees will be motivated to perform when they believe that their efforts will lead to good performance, and good performance will lead to rewards that they value.

Expectancy theory specifies the need to tie performance outcomes to rewards which are valued by employees,

while goal setting theory lays stress on the need for acceptance by employees of the goals per se, so that motivation is more intrinsically based.

Both theories can be used by managers to increase employee motivation and performance by setting clear performance expectations, providing resources and support, and offering meaningful rewards or incentives.