How should individuals be rewarded according to performance outcomes?

Enhance your exam readiness for TAMU's MGMT363 by exploring various problem-solving strategies, engaging flashcards, and comprehensive insights. Master the exam with ease!

Rewarding individuals based on performance outcomes emphasizes the importance of achieving specific results that contribute to organizational goals. When individuals are rewarded for improvement and excellence, it acknowledges both their progress and their highest levels of performance, fostering a culture of continuous development and high achievement.

This approach motivates employees to strive for better results, promoting a sense of accountability and ownership over their work. It encourages individuals to set higher personal standards, ultimately driving overall organizational performance. Additionally, recognizing both improvement and excellence helps to cultivate a growth mindset, where employees feel valued for their efforts to develop their skills and contribute meaningfully to the organization.

In contrast, rewarding for participation, attendance, or effort only may not necessarily align with enhancing performance outcomes, as these methods could lead to complacency or a lack of focus on tangible results. Therefore, focusing on performance outcomes through improvement and excellence is a more effective strategy for driving motivation and success within an organization.

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