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Man 520

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Submitted By budhead50
Words 1327
Pages 6
Running head: “Allstate Insurance Company”

“Goal setting techniques of the Allstate Insurance Company”

Strayer University
BUS 520
Dr. Farshid Moghimi
25 July 2011

“Does Allstate have an effective goal setting program?” Goal setting is the process of specifying desired outcomes toward which individuals, teams, departments, and organizations will strive and is intended to increase organizational efficiency and effectiveness. The process of implementing goal setting initiatives can prove to be a difficult task. Many companies have goal setting strategies because they serve as a motivational tool for teams and individuals. The goal setting model consists of many variables. The first and most important variable is the challenge. The challenge is where goal difficulty, goal clarity, and self-efficacy are accessed. The second variables are the moderators which establish ability, goal commitment, feedback, and task complexity. The third and last variables are the mediators which involve direction, effort, persistence, and task strategy. These variables make up the goal model and give individuals a guideline for how to achieve an organization’s goals. Allstate’s goal setting process has the same basic variables that the goal-setting model includes. Allstate formulated has four steps for its employees to achieve the goals of the company. Succession programming, development, measurement, and accountability are the four steps that Allstate uses to help employees progress to achieve their goals. Succession programming involves a management information system that tracks employees achieving key drivers for career development and opportunities. This program has made it easy to measure employees performance and ensures that Allstate’s workforce is diverse on all levels. The goal of having a diverse workforce and the employees are capable of achieving

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