Expectancy is a belief for performing a job satisfactorily, instrumentality involves rewards for performances and valence focuses on the value of the positive rewards (Parijat & Bagga, 2014).
The main business of GE is production of aircraft engines, power generation, oil and gas production equipments, medical imaging, financing and industrial equipment.
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Indra Giri and Priya Chetty on January 18, 2017 1 Comment
Measuring performance of employees is the backbone of any organization’s management, as employees are their biggest investment. Business owners usually measure employee performance by assessing how much contribution the employee is making to the firm’s growth.
Performance Management system is that vital part of Human Resource Management which aligns and optimizes individual performance with the overall performance of the organization. It can be defined as “a continuous process of identifying, measuring and developing performance in organizations.
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Pamkhuila Shaiza and Indra Giri on September 29, 2016 2 Comments
Goal setting refers to goals being set for the future for subsequent performance of an individual or organisations. The pioneer of goal setting theory Edwin Locke states that when individuals or organisations set more difficult goals, then they perform better. On the other hand, if the set goals are easy then the performance of an […]
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Apara Bhattacharya on September 23, 2016 3 Comments
Performance management has been identified as a system that creates context for continuous monitoring and measuring activities of individual employees in a firm. Similarly it also measures the performance of the entire organization so that organisational goals are met in an effective manner (Lebas 1995). Expectancy theory is an essential theory that underlines the concept […]