Examples of Path-Goal theory in the following topics:
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- The Path-Goal theory argues that a leader's role is to help followers achieve both personal and organizational goals.
- In 1971, Robert House introduced his version of a contingent theory of leadership known as the Path-Goal theory.
- House argued that the goal of the leader is to help followers identify their personal goals as well understand the organization's goals and find the path that will best help them achieve both.
- Using the Path-Goal model as a framework, their Outstanding Leadership Theory (OLT) expanded the list of leadership behaviors required to channel follower's motivations and goals more effectively toward the leader's vision:
- Identify the leadership and task/follower characteristics identified by Robert House in the Path-Goal theory (1971)
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- People perform better when they are committed to achieving certain goals, enabling businesses to benefit from employing goal-setting theory.
- Goals focus attention toward goal-relevant activities and away from goal-irrelevant activities.
- Goals serve as an energizer.
- Higher goals induce greater effort, while low goals induce lesser effort.
- Apply goal-setting theory to the process and motivation considerations inherent in organizational behavior and business procedure
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- The approach follows a sequential and formal path of activities.
- This path includes:
- The idea of rational choice is easy to see in economic theory.
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- Career-path management requires human resource management to actively manage employee skills in pursuit of successful professional careers.
- Career-path management refers to the structured planning and active management of an employee's professional career.
- Therefore, human resources departments are central to empowering employees to take successful career paths while maintaining an organizational balance.
- Short-term goals are easier to formulate.
- Intermediate goals (three to 20 years) tend to be less specific and more open-ended than short-term goals.
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- Emotional leadership is a process that leaders use to influence their followers to pursue a common goal.
- Leadership is a process of motivating people and mobilizing resources to accomplish common goals.
- Leaders direct the path to achieve the goal and lead the group to accomplish objectives along the way.
- According to the trait theory of leadership, some traits play a vital role in creating leaders, such as intelligence, adjustment, extroversion, conscientiousness, openness to experience, and general self-efficacy.
- One key aspect of contemporary leadership theory points to emotional leadership as a possible approach to accomplishing organizational aims.
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- Work on the theory of goal-setting suggests that it is an effective tool for progress, primarily through ensuring that participants in a group with a common goal are clearly aware of what is expected from them (and able to measure it).
- Achievable: Ensuring goals are achievable is important in successfully pursuing goals.
- Locke and Latham note that goal-setting theory lacks "the issue of time perspective."
- Taking this into consideration, Steel and Konig use Temporal Motivation Theory (TMT) to account for goal-setting's effects and suggest new hypotheses regarding two moderators: goal difficulty and proximity.
- TMT (which draws from these two theories of time perspective and diminishing returns) and SMART goal setting together therefore tell us that to maximize motivation and therefore output, managers should divide projects into several more immediate, specific, and realistic sub-goals.
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- The Vroom-Yetton-Jago model is a leadership theory of how to make group decisions.
- This technique involves answering a series of yes or no questions and following the yes path to the recommended type of decision-making approach.
- Do my subordinates share the organizational goals to be met by solving this problem?
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- Achieving this requires a great deal of balance; it often requires a strategy that is created to enable multiple paths to the same objectives.
- You can see the firm's three main goals across the top (corporate citizenship, capital efficiency, and network efficiency) and the categories of potential actions down the left (learning innovation, internal action, customer action, and financial action).
- Apply the size of a firm to the basic strategic management theories
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- Expectancy theory is about the mental processes involved in making choices.
- In organizational behavior, expectancy theory embraces Victor Vroom's definition of motivation.
- Effort → Performance (E→P): Expectancy is the belief that an effort (E) will result in attainment of desired performance (P) goals.
- Factors associated with the individual's expectancy perception are competence, goal difficulty, and control.
- V(O): Valence is the value individuals place on outcomes (O) based on their needs, goals, values, and sources of motivation.
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- Theories of motivation are of course rooted in psychology.
- For example, a salesman with a quota to fulfill would be best paired with an achievement-oriented manager, as such a goal-oriented approach toward, for example, a specific number of sales would be highly motivating.
- There are two main cognition-oriented theories: equity theory and expectancy theory.
- Equity Theory is based on the basic concept of exchange.
- Essentially, Expectation Theory and Equity Theory demonstrate the value of rewarding an employee's investment of time and effort with appropriate compensation.