Allstate Insurance Company

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Allstate Insurance Company – Assignment #2 Questions and Answers Using the model for goal setting, evaluate Allstate’s goal setting process to determine whether or not Allstate has an effective goal-setting program. Goal setting is the process of specifying desired outcomes toward which individuals; teams, departments, and organizations will strive and is intended to increase organizational effectiveness (Hellriege & Slocum, Jr., 2011). According to researcher Locke and Latham (1990), goals direct attention, meaning they focus an employee’s attention on what is relevant and important, goals regulate effort, meaning goals not only direct our attention, they motivate us to act. Goals increase persistence and persistence represents the effort expended and persistent people find ways to overcome obstacles and avoid making excuses if they fail, and finally goals foster strategies and action programs; these goals encourage people to develop strategies and action programs that enable them to achieve their goals. Goal setting is a key mechanism for increasing job satisfaction and performance because it permits employees to be self-motivated. There are five requirements that must be in place for goal setting to have positive benefits for the employee and organization: the employee’s knowledge and ability, the employee’s commitment to a goal, feedback on the task, establishment of sub goals on complex tasks, and a leader who removes obstacles that prevent employees from reaching their goals (Hellriege & Slocum, Jr., 2011). Discuss the competitive advantage Allstate has from the development of the Diversity Index. The competitive advantage Allstate has from the development of the Diversity Index is providing a survey and feedback process called the Quarterly Leadership Measurement System. This process asks questions that require feedback from the employees.

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