Motivation: Concepts & Application Five Theories Strategy

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Motivation: Concepts & Application Five Theories Strategy MGMT 301 Executive Summary This report is an analysis 5 different motivational theories discussed in Ch 4&5 of Leadership Skills Information given is based on the experiences of managers who have applied some or all of these theories in a business environment as part of their management strategy Some information, experiences and opinions were obtained from interviews and personal accounts, this information was collected and compiled by James Maloney The 5 theories analyzed 1.Reinforcement Theory 2.Expectancy Theory 3.Goal-Setting Theory 4.Self-Efficacy Theory 5.Two-Factor Theory Interviewees: Dept. Manager 6yrs New Products & Mid Market Operations Capital One GM, Regional Manager 30+yrs Home Depot (Ret.) Owner Ace Hardware, Republic Building & Hardware Reinforcement Theory Based on this interview and my own management experience, this theory can easily be applied to an employee’s motivation to make a poor or wrong decision regarding their behavior. The likelihood of repeating a certain behavior based on the consequences following an employee’s response to some situation is clearly demonstrated when dealing with loss and employee theft. If an employee is in a situation that allows them to steal merchandise from the company and is not faced with any consequences for their actions, you can bet they will try it again. The act of stealing seems easy, since there weren’t any negative consequences for their behavior, there is now a motivation to steal again and the frequency of this behavior is going to increase. Motivation doesn’t always produce a positive outcome. This theory only allows for behavior to be controlled by reinforcement based on
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