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EXPECTANCY THEORY - Coggle Diagram
EXPECTANCY THEORY
ADVANTAGES
It is based on the self-interest of those who want to achieve maximum satisfaction and minimize dissatisfaction.
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It focuses on psychological extravagance where the final objective of an individual is to attain maximum pleasure and minimum pain.
KEY ELEMENT
EXPECTANCY
The probability that investing effort into a task will result in excellent performance. To perform successfully, the individual must have the requisite skills, experience, and tools.
INSTRUMENTALITY
Whether good execution will result in the desired result. To perform successfully, the individual must be highly motivated.
VALENCE
The value of outcomes (pay, recognition, other rewards), individual may place a higher or lower value on certain items.
LIMITATIONS
The expectancy principle appears to be idealistic due to the fact that some people recognize the high degree correlation among overall performance and rewards.
The utilization of this theory is restricted, since reward is not straightforwardly associated with the execution in numerous associations. It is connected with different boundaries such as position, effort, education, responsibility, etc.
MAIN POINTS
According to expectation theory, a person will decide to act in a given manner because they are driven to choose one action over another based on what they expect the outcome to be.
The individual makes decisions based on estimations of how well the expected outcomes of a certain activity will match or eventually lead to the desired outcomes.
MOTIVATION
Motivation is the natural force that drives people to accomplish what they do, whether consciously or subconsciously.
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DEFINITION :
Expectation theory suggests that a person will behave or act in a given manner because they are motivated to choose one activity over others based on the outcome of that chosen behavior.