The changing nature of economy may force the business to adopt new strategies or alter their product mix, making staff redundant. In such situations, the organization will need to redo job descriptions, rework its team, group, and communication structures and reporting relationships to ensure that the remaining workforce does the job well. Very often, downsizing-induced restructuring leads to a flatter organizational structure, and broader job descriptions and duties. 3. New Management Methods Traditional management science recommends highly centralized operations, and the top management adopting a command and control style.
Downsizing may result in the company losing many of its key employees who have extensive knowledge, expertise and critical skills. Therefore, the remaining employees may face increased workload and obscure job definition (Gandolfi, 2008). This, in turn, can cause increased stress, reduced commitment, decreased morale and lack of trust in management (Boyd et al., 2013). This can have detrimental effects on the company’s stability and performance levels. It is crucial for the company to provide the appropriate support.
In today’s competitive environment, the rate of mergers and downsizing is increasing day by day. In order to face the challenges caused by high competition between firms, organizations are trying to merge more and more in order to reduce their cost, Increase high market share, obtain highly qualified and skilled employees and make their workforce more diverse. All these are done due to gain the competitive advantage and for remain in the market. When two companies deal to merge themselves, the most important concern of HR department should be their workforce or employees. Whenever companies merge, there is likely a chance of downsizing which result termination of employees which creates anxiety, stress and discontent among the employees.
If the outcome reached the target and going smoothly, employees’ hard work and commitment must be acknowledged and appreciated by celebrating the success together. Nevertheless, if the end result is not up to the standard, managers have to look up for the problems and
When Paul attempted to retrieve HR metrics, he found the data was either not available, or difficult to retrieve and analyze. The company’s main problem that is causing a lack in production is retention and turnover. In addition to causing a lack in production, turnover is a very costly problem. HR must focus on employee turnover and retention to gain an understanding of problem areas that are causing talented employees to leave. Sharlyn Lauby, president of the consulting firm ITM Group Inc., stated, “With unemployment continuing to drop, recruiting is getting tougher and organizations cannot afford to just go hire someone else—companies need to understand why employees stay and what causes them to leave” (Maurer, 2017).
To be a leader it is important to say truth and work with dedication so that people will get motivate to be like them and can motivate others too from their act. Last but not least, people need Esteem. People want to be feel appreciated by others. We experience the positive feelings of high self-esteem when we do good work and get appreciated by others.In workplace training also plays an important role in improving skills and performance which will eventually boost self esteem when they get praised by other employees. Working with dedication and hard work and getting appreciated by superiors for their achievement and abilities makes person valuable.
Also Since high employees’ turnover leads to high wastage of resources and increased costs to train newly acquired employees’ members, it was revealed in this study that organizations experiencing high employees’ turnover are more likely to fail to achieve their performance targets. Therefore, it can be argued that, for bate Woreda government organizations to be able to uphold high performance workplace while enabling its workforce to remain focused in achieving the organizational performance goal. It is important that job satisfaction among the employees being given a priority through fair improving compensation packages, employee engagement, and improving working environment and solving the problem of the factors of employees’ turnover are the remedies for this
The HR leader should understand their talent function in the organization and make decision whether to invest in the available talent in the organization or recruit new talent to resolve the ongoing issues in the organization. The HR leader must focus on accessing the skills in talent management and implement the strategy and plan to recruit and manage that critical talent. It is very important how well the HR manager can do to add the right talent required by the organization. Whether it is best recruited or internally developed, it is possible to develop the right talent in order to implement business strategy. The reason behind the fail in business strategy is that the organization thinks that they can get the right person in order to achieve
I believe this was one of the root causes for the warehouse being unorganized. Employee scheduling is an important aspect of running any business or organization. At times the shift managers would mix up employees work schedules even when they informed the shift managers, weeks or even months in advance that they would be unavailable during these times due to personal reasons. After a while employee attitude can came into play. Attitude is the feeling and belief that largely determines how employees will perceive their environment, commit themselves to intended actions and ultimately behave (Newstrom 232).
At the moment the performance level is rather low, that can be a result of employees dissatisfaction, work overload and related to it stress, lack of motivation and poor selection of team members. Proper selection and recruitment procedures can influence this issues and create a better working environment, because hiring good employees is essential to business. Furthermore, unqualified employees not only affect the employer by decreasing sales, costing the company unnecessary expenses due to negligence and lack of motivation but they also have negative effect on customers. Employing the right candidate is one of the most important aspects of the venture. A sufficient recruitment and selection procedure will help to increase the turnover in the Wedding Castle and will allow the employment of reliable and competent employee who will deliver high quality service to customers of the Wedding Castle, what will lead to the customer loyalty and good