Goal-setting Theory
Goal-setting Theory, developed by Edwin A. Locke, is a motivational theory that puts emphasis on the importance of setting goals in order to be successful, whether it be in the workplace or life itself. According to the theory, goals act as a strong source of motivation and improve our overall performance. Additionally, Locke found that specific and challenging goals improve performance much more than easy and non-specific ones. By setting effective goals, individuals and organizations are able to maximize their output and increase the chances of achieving their desired outcome.
The theory suggests that for goals to be most effective, they should be specific and difficult, yet attainable. Additionally, the theory raises three points that can help individuals and organizations set the most effective goals. The first point is to have challenges that are difficult but attainable. The second point is to have appropriate levels of precision when setting goals. Lastly, the third point is to have a specific deadline for goal completion.
Furthermore, the success of each of these points depends on the feedback provided which in turn can serve as a measure internally of how well the goal has been attained. The feedback serves to give a person a clear understanding of how well they are doing and what they need to do to reach their goals. When goals are linked to feedback, they can be monitored, adjusted and refined as needed.
Apart from improving the performance of individuals and organizations, the theory has demonstrated benefits to society as a whole. By setting effective goals, collective capabilities are increased, enabling groups to work collectively towards a common purpose. This collective purpose can also be pursued in a manner that is beneficial to the whole of society or specific sections of it. Additionally, well-developed goals can bring about desired change in the shape of quality improvement, efficiency and productivity.
In conclusion, Goal-Setting Theory provides individuals and organizations with a system for setting effective goals that can be monitored and adjusted as needed. It brings about quality improvement, efficiency and productivity, as well as providing a platform for groups to work collectively towards a common purpose. The theory enables better understanding of the importance of setting goals and the rewards that come with goal implementation.
