Verified Document

Rewards The Efficacy Of Short-Term Essay

The first of these was that we established a clearer focus between short-term goals and long-term or institutional goals. For example, a short-term goal included contacting local farmers' markets to get more donations of fresh produce to the agency. An associated short-term goal was that the agency needed to have more available refrigerators in the storage area to keep the produce fresh. A team was chosen from the paid and volunteer workers were given set goals in terms of the amount of fresh food brought in and distributed. After two weeks, the progress toward these goals was assessed and each member of the team (which had surpassed the goals) was given a gift certificate for the farmers' markets. The effect of this short-term goal was that it proved to be extremely powerful. This arose from the fact that it was relatively immediate; it also arose from the fact that it created alliances between the paid and volunteer workers and helped to clarify institutional goals.

One of the key tasks for any organizational leader is to link rewards to institutional culture and goals. This may seem to be an obvious thing to do, but in my experience (and certainly I am far from unusual in this way) far too often there is no clear connection between goals and rewards. In fact, this lack of clarity on the part of leaders may well be one reason why short-term rewards are so often not offered. For leaders to be able to offer short-term...

(Bass & Bass, 2008, p. 171).
Long-term rewards are important. But short-term rewards have an important role in the short-term. Human nature is such that we are pleased when the reward follows relatively closely on the heels of the effort. But beyond this basic fact of human psychology is the organizational dynamic that being able to determine appropriate short-term rewards requires leaders to determine both short-term and long-term goals (Bass & Riggio, 2005, p. 88). This fact at least as much as the increased productivity and increased sense of satisfaction that are likely to arise with the addition of short-term rewards makes the institution of short-term rewards a good organizational choice.

References

Bass, B. & Bass, R. (2008). The Bass handbook of leadership: Theory, research, and managerial applications (4th ed.). New York: Free Press.

Bass, B. & Riggio, R. (2005). Transformational leadership. (2nd ed.) New Jersey: Lawrence Erlbaum.

For example, our knowledge enables us to differentiate clearly between short-term bonus objectives -- such as meeting a specific team target -- and longer-term business or organizational goals which may be better rewarded through long-term incentives -- or even through changes to base pay or benefits.

Sources used in this document:
References

Bass, B. & Bass, R. (2008). The Bass handbook of leadership: Theory, research, and managerial applications (4th ed.). New York: Free Press.

Bass, B. & Riggio, R. (2005). Transformational leadership. (2nd ed.) New Jersey: Lawrence Erlbaum.

For example, our knowledge enables us to differentiate clearly between short-term bonus objectives -- such as meeting a specific team target -- and longer-term business or organizational goals which may be better rewarded through long-term incentives -- or even through changes to base pay or benefits.
Cite this Document:
Copy Bibliography Citation

Related Documents

Self-Efficacy Believing in Oneself Self-Efficacy
Words: 3109 Length: 10 Document Type: Term Paper

). As a top manager, the person possesses three distinct categories of self-efficacy beliefs (Yun, 2007). These are his individual participant's abilities, his team's capabilities, and the organization's capabilities. Team capabilities are not simply the sum of the abilities of the individual members. And organizational capabilities are different from team capabilities. These being distinct from one another, the top manager can build his efficacy beliefs on himself, the team and the

LTC of the Future Long-Term
Words: 2900 Length: 10 Document Type: Research Proposal

Often home-based caregivers, either a spouse or adult child, rely on institutional care only as a choice of last resort, and this is often reported only after their own health and well being begins to be perceived as degraded by caring for the individual in the home, relevant to supplemented home care services as well. (Ducharme et al. 2007, p. 3-31) Researchers in fact contend that individuals will employ

Leadership at Lehman Brother
Words: 2387 Length: 8 Document Type: Essay

The Leadership of Lehman Brothers: An Exploration of Corporate Direction and Decision-Making Lehman Brothers' legacy has been inextricably linked to its leadership, whose decisions played a pivotal role in the prestigious financial firm's ascension as well as its catastrophic collapse in 2008. Tracing its origins back to 1844, the company had experienced numerous cycles of economic upheaval and had emerged resilient, in part, due to the strategic direction provided by its

Teacher Efficacy Connecting Teacher Efficacy
Words: 10102 Length: 30 Document Type: Term Paper

The ultimate goal is to increase student achievement by improving the hiring process by adding another layer of screening, namely teacher efficacy. The following aims will support the ability to achieve these goals. Aim 1: To evaluate the association between full and part time faculty regarding the characteristic of teacher efficacy. Hypothesis One: Part-time teachers sampled will report statistically lower teacher efficacy scores than will sampled full time faculty in business

Childhood Obesity Epidemic Terms Defined
Words: 10017 Length: 36 Document Type: Term Paper

" (Dietz, 1998). Obese children are often taller than their non-overweight peers, and are apt to be viewed as more mature. This is an inappropriate expectation that may result in adverse effects on their socialization. (Dietz, 1998). Overweight children and adolescents report negative assumptions made about them by others, including being inactive or lazy, being strong or tougher than others, not having feelings and being unclean. (American Obesity Association, 2000). This

Contingency Management Alcohol & Marijuana
Words: 11354 Length: 41 Document Type: Term Paper

" (1995) The authors state: "The amphetamines occasioned dose-related increases in d- amphetamine-appropriate responding, whereas hydromorphone did not. Amphetamines also occasioned dose-related increases in reports of the drug being most like "speed," whereas hydromorphone did not. However, both amphetamines and hydromorphone occasioned dose-related increases in reports of drug liking and in three scales of the ARCI. Thus, some self-report measures were well correlated with responding on the drug-appropriate lever and some

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now