Expectancy Theory

Theory / Concept Name
Expectancy Theory
Description

Vroom proposed that motivation is a product of three cognitive perceptions:

Three Components

  1. Expectancy (E → P): The belief that effort will lead to performance. "If I work hard, will I perform well?"
  2. Instrumentality (P → O): The belief that performance will lead to a valued outcome. "If I perform well, will I get the reward?"
  3. Valence (V): The value the individual places on the outcome/reward. "How much do I actually want this reward?"

Formula

$$Motivation = Expectancy \times Instrumentality \times Valence$$

If any one factor is zero, motivation collapses to zero.

Managerial Implications

  • Ensure workers believe effort leads to performance (provide training, clear goals).
  • Ensure performance genuinely leads to promised rewards (follow through).
  • Use rewards that employees actually value (personalise incentives).
Theorist / Pioneer
Victor Vroom
Year
1964
Category
Motivation

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