What is the equity theory of planning?

Equity planning is a framework in which urban planners working within government use their research, analytical, and organizing skills to influence opinion, mobilize underrepresented constituencies, and advance and perhaps implement policies and programs that redistribute public and private resources to the poor and ...

What does equity theory explain?

Equity theory is a theory of motivation that suggests that employee motivation at work is driven largely by their sense of fairness. Employees create a mental ledger of the inputs and outcomes of their job and then use this ledger to compare the ratio of their inputs and outputs to others.

What is equity planning model?

The model of Advocacy Planning / Equity Planning is a commitment to highlight and to. keep track of who and why it exists planning. Planning is a process of construction of solutions to problems related to the quality of life of citizens in cities.

Why is equity important in planning?

Equity is an essential component of successful strategic planning. By embedding equity in the planning process, organizations can ensure that they are creating a more just and equitable future for all.

What are the key elements of equity theory?

The key elements of equity theory are input, outcome, and comparison levels.

Equity Planning Theory

What is an example of equity theory?

The most common example of the equity theory is with hard work and salary. Employees often percieve that if they work hard they will eventually deserve a raise. If a person believe's they're putting in the effort needed to get a raise, they will become motivated if their salary increases or demotivated if it doesn't.

What are the three elements of equity?

Shareholders' equity implies the amount invested by investors in the entity. It involves preference and common shares, paid-in capital, and retained earnings.

What is equity as objective of planning?

Hence, growth with equity is a rational and desirable objective of planning. This objective ensures that the benefits of high growth are shared by all the people equally and hence, inequality of income is reduced along with growth in income.

What is the key difference between advocacy planning and equity planning?

Both of these planning theories focus on bridging the gaps; advocacy planning magnifies the voices of groups that would otherwise go unheard, while equity planning advocates for policies and services that will reduce inequalities between marginalized, low-income areas and wealthier areas with far more opportunity.

What does equity mean in urban planning?

Equity means that, as we work to make our cities more sustainable, we also ensure that all groups have access to the resources and opportunities necessary to improve the quality of their lives.

What are the criticism of equity theory?

One of the main criticisms of this theory of employee motivation is that it doesn't account for different types of motivation. For example, some people may be motivated by more than just fairness. They may also be motivated by recognition or a sense of accomplishment.

What is the application of equity theory?

Applying equity theory in the workplace. Equity theory can be a model for measuring how satisfied an employee is in their job. According to John S. Adams, your staff try to keep a balance between how much they give to you (inputs), and what they receive from your business in return (outputs).

How do you create an equity plan?

To build a strategic equity plan, organizations first need to add an equity lens to how they approach their work. This involves gaining a better understanding of the communities they serve and their needs, which requires taking a spatial approach.

What is another name for the equity theory?

Equity theory assumptions applied to business

Employees expect a fair return for the time and effort they put into their professions, a concept known as the "equity norm."

What is advocacy planning theory?

Advocacy planning is here defined as a form of activist planning where the planners are affiliated with civil society,¹ where their motivation springs from commitment to a client group or a client community they do not belong to, and where they make and promote a plan for this community on behalf of the client. ...

What are the two core assumptions of advocacy planning?

“The Underlying Assumptions of Advocacy Planning: Pluralism and Reform.”Journal of the American Planning Association40 (1) 1974.

What are the criticism of advocacy planning?

The main criticism is about the contradictory role of a planner: what is his or her main task? Taking care of the community interests, broader group's interests or professional rules or norms which somehow reflect interests of more people.

What is the formula for equity?

Equity is equal to total assets minus its total liabilities. These figures can all be found on a company's balance sheet for a company. For a homeowner, equity would be the value of the home less any outstanding mortgage debt or liens.

What are the two main forms of equity?

How is equity calculated?

Take your home's value, and then subtract all amounts that are owed on that property. The difference is the amount of equity you have. For example, if you have a property worth $400,000, and the total mortgage balances owed on the property are $200,000, then you have a total of $200,000 in equity.

What does equity mean in equity theory?

Equity theory focuses on determining whether the distribution of resources is fair. Equity is measured by comparing the ratio of contributions (or costs) and benefits (or rewards) for each person.

Who came up with the equity theory?

Adams' Equity Theory is named for John Stacey Adams, a workplace and behavioral psychologist, who developed his job motivation theory in 1963.

What are employees most likely to ask according to equity theory?

Final answer: According to Equity Theory, employees are most likely to ask 'if I do a good job, will it be worth it?' This represents their concern about the input-output balance, and whether they'll be fairly rewarded. Fairness significantly impacts job satisfaction and organizational commitment.

What does all equity plan mean?

Equity Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Partnership, the General Partner or the Special Limited Partner for the benefit of any of their respective employees or other ...

What is DEI strategy?

A DEIB strategy, commonly known as a DEI or diversity strategy, is an action-based plan designed to reduce disparities and create a culture of inclusion in the workplace. It outlines goals and objectives for increasing diversity within the organization and building an environment where everyone can thrive.