An examination of the process of goal setting and its advantages.
Written in 2006; 2,987 words; 4 sources; MLA; $ 88.95
Paper Summary:
Goal setting is a fundamental management technique, useful at every level of a corporation or company. This paper examines the benefits of goals setting, the properties of effective goals, differentiation between corporate overarching goals and personal goals and describes the process that is most effective in setting goals.
From the Paper:
"Recognizing the motivations behind human behavior is important in gaining commitment of the individual. Merit-pay systems alone do not fulfill the need for personal satisfaction that is essential in securing the commitment of the individual. The overarching goal provides a common vision, a similar frame of reference for all, that is effective in developing employee cooperation. If members buy into the same goal, it becomes likely that they will behave in ways that are compatible even if they have strong differences with each other. When the overarching goal is implemented with a series of individual goals, motivational properties are maximized."
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