Expectancy Theory Executor — — Mr Albert Tong
Over 20 years ago , it was the first time I have been getting involved into the area of media . This was used to be a series of Dialogue with CEO . One of the many which made me unforgettable having interviewed with Mr Albert Tong , the C-Suite Executive of Tomson Group ( HK listed co , HK00258 ) . At that moment , Mr Albert Tong was the youngest C-Suite Executive con Executive Director amongst HK list cos ( in year 2000 ) .
Expectancy Theory Executor — Mr Albert Tong
After the interview , I was impressed by the image of Mr Albert Tong whom imprinted a image of being an executor of expectancy theory . Executing expectation theory is an important element of being a great leader .
The Expectancy Theory states that by clarifying the path to achieving good performance and removing pitfalls and enhancing personal satisfaction for the job, a leader is able to more effectively motivate his subordinates in work.
First, whether the effort would lead to good performance. If someone is confident that their work will be excellent, they are far more likely to be motivated to do it. If however, they do not believe they have the competency, it is likely they may lose the motivation to do it well or even procrastinate it.
Next, do they know they will get rewarded if they do it well? A reward does not have to be monetary. Recognition and praise both work as great motivators as well. The reward can be to present their work to the board of directors or a public acknowledgment; that often is more than enough to motivate someone to do well.
Last of all, do they value the reward? This takes the sensitivity of the leader to pick out what is valued by others. Different individuals value different forms of reward: some praise, some recognition, some monetary reward, some time-off from work. They need to have a reward that they truly value if the leader wants to see them motivated.
These 3 factors will ultimately influence if you can bring out the best in others as a leader.
#CEO ; #InterimCEO ; #AlbertTong ; #TomsonGroup ; #ExpectencyTheory ; #EffectiveLeadership ; @MarkusPatrick ; #MarkusPatrick