Question

Explain the concept of goal congruence (informal and formal)

Answer 1

In cost accounting, goal congruence is defined as consistency or agreement of individual goals with company goals. Everyone in the organization needs to be rowing in the same direction. That process gets tough when you start to set up evaluation criteria for employees

Answer 2

Answer:

Goal congruence is the harmonization of individual behaviors toward achieving personal goals with those of the organization.

Explanation:

Factors that influence informal goal congruence consists of external factors and internal:

• External elements, including the community's accepted standards of conduct (and the organization is part of the community).

• The work ethic and proper industry-specific norms are examples of external influences that affect goal congruence.

• Working ethos is a quality that an organization's members must possess in order to perform their jobs with loyalty, tenacity, pride, and spirit.

• The culture, managerial style, informal relationships inside the organization, perception, and communication are internal elements that influence goal congruence.

FORMAL FACTORS AFFECTING GOAL CONGRUENCE:

• Goal congruence is affected by formal factors. SPM and the rules make up the response.

• The rules are a collection of documents that contain all different kinds of directives and controls (including instructions about positions, the division of labor, standard operating procedures, guidelines, and ethical guidance).

• The regulations may include elements that range from simple to complex, rigid requirements to flexible and constructive action (prohibition of negative actions).

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