ConceptApplication of Concept in the Scenario or pretendingReference to Concept in Reading Equity Theory In CrysTel, unity of the biggest problems is the failure to recognize equity theory among departments. CrysTel is comprised of five study departments, and three of these departments are successful because the team members work as a team while the other two is not so successful. It is important to understand each department has a unique and important role to contribute to the companys success. It is the responsibility of the leader to make up the sense of fairness and arbiter so all employees perceive the company as a correct that everyone has equal and shared opportunities within the organization, and a place where they can function to their blanket(a)est potential. Equity theory is a baffle of motivation that explains how people strive for fairness and justice in social exchanges or give-and-take relationships⦠People are move to maintain consistency between their cognitive beliefs and their behavior. Perceived inconsistencies create cognitive dissonance (or psychological discomfort), which, in turn, motivates corrective fulfill (Kreiter & Kinicki, 2004). remote Forces for Change The external force for change for Intersect investment funds is the terrorist attack on September 11, 2001.
Since then, the financial services assiduity has always been unstable, uncertain, and even chaotic. Peoples trust in investment companies reaches all-time low. In order to survive, Intersect investment must implement a drastic and strategic shift.External forces for change originate outside the organization. Because these forces have global effects, they may cause an organization to question the essence of what business it is in and the process by which product and services are produced (Kreiter & Kinicki, 2004). Feedback Process In Intersect Investment, the new leader, Janet Angleo, displays an excellent leadership skill by using feedback process during all-employee... If you want to get a full essay, order it on our website: Orderessay
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