From the Human Resources Management’s perspective, downsizing a company by closing down the branches would be the most disastrous decision to be made due to wrongful termination or dismissal of the employees could result in court cases that required the company to pay on damages. To propose an effective alternative to solve the current issue, the main issues existed in this study would need to be identified. Although Bunga Raya Bank was a company with shareholders, which the company’s stock was shared among the holders, but the organizational goal was not shared among the employees with the Board members. From the perspective as a team, a clear and elevating goal was formed but the fact that it was not understood by team members caused the organization does not work in a team. the book named ‘The Owner’s Manual for Personality at Work’, team was defined as an integral part of how an organization work, and coworkers were often found themselves being thrown together with other coworkers to pursue a loosely defined goal (Howard & Howard, 2001). Generating more profits was the organizational goal that the Board members are pursuing, but sharing of the common goal had not happened as Latifa was not prepared to execute the plan as per discussed. Without shared goal, management and employees are unable to plan actions and carry out the plan systematically which could have caused havoc in the organization. With the price hike and economic uncertainty, by dismissing the employees
Contents Terms of Reference 2 Procedure 2 Findings 3 Current Structure 3 New Structure 4 Employee Relationships 4 Instructing Staff 5 Contingency Variables 5 Conclusion 6 Recommendations 6 References 7 Appendix A 8 Terms of Reference I am a HNC business student. I am writing this report as part of my course. This assessment covers outcome 4 of the Managing People and Organizations' class.
Terms of Reference I am a HNC business student. I am writing this report as part of my course. This assessment covers outcome 4 of the Managing People and Organizations' class. Unit F84T 34 Procedure In order to construct this report, I read the case study and highlighted information that I thought was relevant to this report.
Research conducted by the Joint commission concluded that failure in teamwork and communication were contributing factors for adverse events (Gluyas & Morrison, 2013). This could be due to the effects team working has on staff wellbeing and satisfaction (Agrawal, 2013). When staff are more motivated to do their job well there is a decrease in the rate of error (Agrawal, 2013). It was found that deficiencies in teamwork led to the
Chouaib Elhajjaji Written assignment 3:“Corporate Culture at Herschend Family Entertainment” pages 318 – 320 (Questions 1-5) Due Date : Wednesday 25 November , 2015 GRADE_________________ 1-The characteristics of corporate culture elaborated in this chapter were the following. Corporate culture is shared, a provider of guidance, a provider of meaning in the organization, top heavy, a constellation of values, a dynamic constellation of values, organic, inclusive of life values. Choose three of these characteristics and show how the culture Manby promotes at Herschend Family Entertainment relates with each one.
The major issue over here was the knowledge skills of the staff which was already employed in the financial services sectors. Thus an extensive analysis of the employee’s qualifications was indispensible, so that all the employees which went to meet the customers should have minimum training as desired. If the employee did not have the required skills then the organization needed to establish proper training courses, so that the employee standards could be met. Thus the General Insurers a financial services organization had to reorganise the duties of employees after merger and legislative changes were brought in the company in relation to FSRA (McDonald and Jackling, n.d.).
Individual should be following under the overall group decision. Relying too heavily on a single employee to maintain the network was one of the reason to cause the collapse, because no discussion within a group, doing work all by themselves individually, meaning that they were only following what they thought, no other opinions were taken. Lesson 3: Keep your working knowledge current. Generally speaking, this lesson indicates that not only system need to be updated, people also need to.
We all have different ways of perceiving and making sense of the world around us. What an individual considers a golden opportunity another considers a threat. Perception is the process of receiving information about and making sense of the world around us (McShane et al., 2010: 88). Perception crafts our understanding of the world around us and allows us to act within our environment. Perception isn’t a notion a manager or team leader can directly access or fix in others.
I notice that each member has a different characteristic that shapes the team dynamic, which is the unseen forces that strongly influence how a team reacts, performs, or solve problems (William, 2013). Learning from the extensive interaction in the CP course and my professional experiences as HR Professional, I know that a leader should understand her team members’ characteristics, particularly their strengths, weaknesses, personalities, and build a same perspective/vision to facilitate team effectiveness. This initiative will enable each member to contribute their talent, develop a collective agreement to solve problems and achieve the team’s goal effectively. Having an effective work group is very critical for solving the challenge/problems, particularly on how we could deliver a robust recommendation for the client by applying diverse knowledge gained from the MBA course and how we could get reliable data/information from Greenwich Library and multiple
Their desire is to earn profit, but not at the expense of their employees, environment, customers, or the law. This is what makes the company’s business plan desirable. Not only is the company extremely profitable, but the model is built to last. The lack of turnover reduces the company’s expenditure exponentially. When a company treats its employees well, they want to remain at said company.
Johnson International Corporation (JIS) is a global company that offers logistical support to the military and private companies which employs 100 people and it is largely located in US, Europe and Far East. It has been doing business for last 15 years and it had a net income after tax of $10 million. 70 % of their business is related to military sector and its focus is to provide logical support to military and private sector. In this company the president and chief executive officer were the same person and he/she was responsible for the overall activities of the company. The company has cut the budget in various field including the budget in IT capital and human resource which includes training for employee.
When the team’s performance expectations are met, there should be rewards and recognitions so as to encourage them to continue their great performance. Nonetheless, since performance is link to remunerations, team members might feel competitive and hence resort to unethical ways in order to achieve their targets. Alternatively, attending leadership training to improve leadership skills and to upgrade the current skills can be done. With that, the manager will have the knowledge on how to communicate, guide and motivate his team to achieve their goals.
Organization structure – The whole activies are divided in the department and the responsibility and hirenchy of each department is well defined. However Senior management needs to be more focused on Strategic Initiative rather than Daily Operations .For this it is Important to develop a second Rung of Leadership. Human Resource Plan – The Human resourse plant is defined for all the employee and the system for the recruiting , training & development, benefits and reward is well established.
Reasons for choose this manager – ZARA HRM’s importance has grown dramatically in the last two decades. This new importance stems from increased legal complexities and the recognition that human resources are a valuable means for improving productivity, the awareness today of the costs associated with poor human resource management. The report will discuss the ZARA company about the human resource. ZARA is a subsidiary of the Spanish Inditex group, which is not only the clothing brand, but also the franchise ZARA brand clothing retail chain brand. Inditex is ranked first in Spain, the world's third largest clothing retailer, in 2005 its global sales of EUR 6 billion 741 million, sales of up to 429 million, net profit of $803 million.
Employees are the most important part for any organization. They are the associate degree and are the integral part of the organization, without the employees the company cannot imagine to grow and cannot additionally be ineffectual to realize something not even a single goal of the organization. Turnovers lead to more turnovers. Herd mentality is what men and women
In a company Human Resource is a very important part of the strategic plan. The HR department is the go-to when a company decides how to approach a problem or gain Ideas. If there needs to be hiring, the HR department will take care of it. They will provide the proper training and tools to achieve the organizations goals. There must be a strategic plan put in place that way everyone is on the same page internally within the company to be successful outside of the company.