Social Comparison Theory | Game of Theories Ep. 47

[Game of theories #47] In Episode 47 of Game of Theories, I introduce social comparison theory, a theory introduced by Leon Festinger in 1954. This theory explains how individuals evaluate themselves by comparing to others, with significant implications for organizational behavior, employee motivation, and organizational performance. Learn how leaders can leverage this theory to drive productivity, avoid workplace pitfalls, and create a more transparent and motivated workforce. We also explore real-world examples, such as the Capuchin monkey study on fairness and the impact of pay transparency among different generations. Understanding the motives behind social comparisons—like self-evaluation, self-improvement, and self-enhancement—can help leaders enhance team dynamics and create a positive workplace culture.

00:00 Introduction
02:06 Key Aspects of Social Comparison
03:57 Counterproductive Work Behaviors
05:17 Information Seeking in Social Comparison
14:57 Factors Influencing Social Comparison
17:03 Three-Phase Model of Social Comparison
20:11 Practical Applications for Leaders

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