2. Re-orient the middle management: I would say that the lack of communication between the top and the middle management is one of the primary reasons for these issues being created. To create an organization with a single-minded focus on customers, Nordstrom’s top management needs to better control the middle management. Decentralization is great but more engagement through monthly meetings, setting and evaluating specific goals for middle management, trainings, correcting their approaches etc. would be the way to address these
An average family that makes $54,622 a year has around $5076 left over at after taxes and all of the expenses for child care, education, food, housing, etc. (Stoffel, Fool). In addition, the minimum has many problems in the long run when it comes to whether it can sustain a healthy lifestyle. Some May Argue, it causes companies to hire fewer people and fire more individuals to adapt to these change, to still pay the same amount to their employees in the end. That may true, but you forget they will most probably get rid of the slackers and the people who don’t work hard and make space for people who want to work hard but don’t have a chance.
Without money could mean stealing or maybe selling illegal drugs (Brezina, 2017). This would mean that the lack of monetary success turned into deviance for these individuals which is exactly what the theory is stating. Another example of goal blockage could be working hard and not being compensated for that work. To put that in perspective, let’s say that there are two managers in a company and one of them gets fired. The company does not hire another manager to replace the old one because they do not think they need it so the one manager must do double the work for the same pay.
Through my analysis, the main stakeholders such as the management will be quite affected since they will lose their credibility and profit by many loyal and regular customers leaving. Profit is the most important thing management always focuses on to bring above their costs and if there is any strike or huge amounts of boycotting, the management will be in trouble. Not is very important for business as it’s a special tool for marketing and customer benefits. In addition, the employee will be affected for most since many have already lost their and possibly in the future can lose their jobs. This goes for mainly full-time employees because it may be their only source of income that can give them a decent living to support themselves and their families.
For those businesses that do not provide transportation for employees, a worker must use personal transportation and this could cause conflicts between the tech and the director. If any accidents were to happen, even during work hours, the tech could be the only one responsible for paying for any damages incurred. An HVAC technician can face many difficulties from the required duties for this profession. The tech will have more responsibilities than any other worker in the HVAC field due to the wide range of jobs a technician is required to do. A technician’s reputation can make or break the business.
If you choose to be a self-employed graphic designer and photographer, you may need to change your workday to meet clients in the evenings or on the weekends which can be challenging. You will also need to spend a lot of time looking for new projects and competing with other occupational opponents (Occupational Outlook Handbook
Henry Ford struggled with having a huge turnover rate of his employees in his factories. This turnover rate was expensive becaue Ford had to train all of the new employees and because of the downtime in production rates when people were not working. Ford came to the conclusion that in the long run it was cheaper to pay his employees more per day in order to gain their loyalty and not have to constantly be paying to trian and hire new employees. Women were not eligible for the $5 a day unless they were single and supporitng a family. Men were not eligible if their wives had jobs outside of the house.
However, the workers are also seeking higher wages. If the owners decide to keep their wages to a restricted pay where the employees aren’t satisfied, they can go on strike or come together and form a labor union and negotiate with the owners until they’ve reached an agreement to increase their wages. Also, another exampe in society would be healthcare. Healthcare is a reflection of inequalities in our society. The main issue is how accessible health care is, due to all the privatization and bureaucratization they’ve been allowed to manipulate and inflate prices making it hard for people to get the care they need.
They would also lose 401(k) benefits, but as a result, their income would nearly double, and they would all keep their jobs. On the downside, if salaried employees take the decision personally, kennel workers could experience backlash, creating a very unhealthy work environment. A third group which Rich must address, albeit indirectly, is the clients they serve, and the business’ reputation for excellent customer service. Rich’s decision could easily lower morale and work ethic, or even cause employees to look elsewhere for employment. This will inevitably affect their standard of client care.
This could also reduce the cost of housekeeping and maybe on nanny cost. Considering your home purely as an investment may be risky. Economics change over time and you can never be sure, when these changes occur. This also implies that it can dangerous to buy before you have sold, especially if the real estate market has been booming. Unfortunately, I know people who have done just that and thus lost a fortune.