Their employees are given the opportunity to work in a nurturing and thriving environment. The leaders of CarMax have put their words into actions for their employees to benefit from. Their efforts have earned respect from the employees as seen in feedback from employees on their website. The employee development and training initiatives are one of the biggest impacts they can have on their employees. “Training and development play a vital role in the effectiveness of an organization” (Falola, Osibanjo, & Ojo 2014).
They focus on the collective group aspect to achieve a common goal within a company, rather than have personal gain to rise up the corporate ladder, of which seems imperative to do in the United States. Loyalty to the company is an important aspect for Japanese people, while Americans tend to job hop wherever there is more money or potential to make more money. In relation to Alex Kerr’s experience, he discusses the norms of educational society in Japan, of which can adhere to the business culture as well. He states, “the Japanese educational system aims to produce a high average level of achievement for all, rather than excellence for a few… Being average and boring here is the very essence of society, the factor which keeps the wheels of all those social systems turning so smoothly” (96). Companies in Japan believe education is not
Fulks • President of North America, Jason LaRose • Chief Digital Officer, Michael Lee • Chief Revenue Officer, Karl-Heinz (Charlie) Maurath • SVP, General Counsel and Corporate Secretary, John Stanton The organizational structure of Under Armour is functional structure. The members of the organization are grouped according to the particular function to perform within the organization. Functional structure facilitates specialization, cohesive work groups and improves operational efficiency. Below is the functional structure chart of Under Armour: Leading Leading is the social sources of influence that employers use to inspire the action taken by employees. A company that has a good leadership knows how to motivate, interact, improve employees’ morale during a recession and resolve conflicts among their employees.
He likes to send emails to everyone involved as soon as an issue arises. It would show more integrity if he would address his stakeholders in person through town hall meetings for example. It would also show his commitment to the company and to the people on a more personal
Employee loyalty Employee loyalty refers to the psychological attachment of employees to their employer. It is the extent to which employees identify themselves with the organization’s work ethics, objectives of the organization and contribute to the corporate performance. Employee loyalty is visible from the feelings, attitudes, positive behaviour and actions of employees. These loyal employees always prefer to choose the organizations interests and are willing to make personal sacrifices to a certain extent. 1.2 .Supervisor
LEARNER’S NAME: EMMANUEL DIBIAGWU ASSIGNMENT 2 UNDERSTAND HOW TO DEVELOP AND MAINTAIN EFFECTIVE WORKING RELATIONSHIPS 1.1 Explain the benefits of effective working relationships in developing and maintaining the team (20 marks) The benefits of effective working relationship in developing a team include the following: Improved Morale Good working relationships in teams help to improve the morale of team members. When there is effective working relationship among employees as well as managers, the employees feel that they are respected, and their voice are heard, thereby fostering an enabling workplace full of energy and overall happiness. Effective working relationship between employees enables them to support each other when improvement is called for and helps to develop their esteem. Increased Work Efficiency / Productivity A team that has good culture of teamwork and mutual motivation will make the members more productive and smarter. Such a team where seamless and effective relationships exist, members are poised to learn from one another, develop skills and leverage on such internally gained skills to expedite work processes thereby increasing overall efficiency, reducing downtimes and knowledge gaps.
The qualities of an effective team leader inspire the trust and respect of the team and stimulate production within the workplace. Communication Effective team leaders communicate clearly. Quality verbal and written communication skills allow leaders to present expectations to team members in a way workers can understand. Effective communication skills also allow team leaders to listen to the input of others. Organization
These methods were selected as they were the right and absolute methodologies for analyzing an aspect. It aimed at minimizing the errors in the analysis and proved to be helpful and highly beneficial for collecting relevant data. The unstructured interview methodology rendered with numerous advantages and can be considered as a very useful method of analysing a subject or aspect. Observation and interview methodologies are very efficient techniques in concern to collecting data from an individual. The data collected through observation and interview methodology is quite valid and reliable (Walsh & Wigens 2003).
Employee engagement is a workplace approach resulting in the right conditions for all members of an organisation to give of their best each day, committed to their organisation’s goals and values, motivated to contribute to organisational success, with an enhanced sense of their own well-being. Employee engagement is based on trust, integrity, two way commitment and communication between an organisation and its members. It is an approach that increases the chances of business success, contributing to organisational and individual performance, productivity and well-being. It can be measured. It varies from poor to great.