The Importance of a Company’s Culture The culture of a company is one of the most important and sometimes overlooked factors in an organization. The culture can increase employee engagement and increase productivity which will allow a company to reach its goals, “From productivity and engagement in the organization’s day-to-day, to an employer brand that naturally fuels recruiting efforts, to creating a lasting brand that customers immediately recognize, there’s no escaping it – culture radiates outward into the marketplace” (Straz 2015). The culture can have a great impact on the employees. Employees thrive in a positive working environment and the ability to engage with their managers without fear of retaliation. When a company creates a
Participative leadership are take heed of advice from employees (Huang, Iun, Liu and Gong, 2010; Somech, 2005). Participative leadership involves employee empowerment and allowing employees to participate in decision making. The positive influences of this leadership strategy are it enhances productivity and increase quality of organizations products, operations, process etc. Besides this, the satisfaction level of employees will increase in this leadership technique. The negative influence of this specific strategy is that it involves issues of security.
Productivity can decline due to low cooperation between multigenerational employees resulting in lower efficiency and completion objectives leading to disruption within the organization. This eventually hinder the success of organizational and employee goals and objectives. It is important that all generations work together in harmony to complete business
The impact, charismatic leaders has on strategic decisions is that managers encourage and provide avenues for innovation and so employees feel valuable to the organisation and are willing to go the extra mile to achieve the company’s goals and objectives (Ojokuku et al, 2012). The operations manager at CIBCFCIB practices this character of a charismatic leader, whereby the manager motivates individually to provide process improvements. As this will aid employees to write their performance plan which usually results in an excellent rating as well as a good bonus at the end of the year. Servant Leadership According to Page and Wong (2012 pg 2) defined a “servant leader as a leader whose primary purpose of leading is to serve others by investing in their development and well being for the benefit of accomplishing tasks and goals for the common good”. The impact this model of leadership has on strategic decision is that both leaders and managers promote sharing of power in decision making.
In my view what transpires success in organizations is the link between top management and workers. The workers will perform their best once they realize the management understands them which enhance their morale to perform the best. This results to the success of the whole organization. Emotional intelligence is a wide area which involves various components such as: Self-awareness which a basic element in emotional intelligence as it enables one to have a deeper understanding of his strengths, emotions, needs, drives and weaknesses. People with an understanding of self-awareness know how their feelings may affect them, other people as well as their job performance.
A time study being conducted by management ultimately seems to indicate a lack of trust in their employees, and can even be taken as an insult by some. This lack of trust results in a disconnect between working class levels (that is, a class struggle) due to the creation of tension as a result of the time studies being conducted. This is why secret time studies were introduced. The difference between a normal time study and a secret time study is that in a secret time study, workers do not know they are being monitored. As expected, when workers are aware they are being monitored, the average productivity of the assembly line is increased.
In fact, a strong culture is critical to the success of a company. Culture creates a cornerstone for employees’ beliefs and principles, gives meaning to what employees do and how they do it, and inspires employees to align themselves with the company vision and strategy. Ultimately, culture determines the experience we deliver to our customers. (Clampitt 2013) Driving Walgreens Culture Corporate Culture is a set of beliefs and values shared by all members of a company that guides the way employees think and act in order to achieve results. As we transform to achieve our vision, our culture must keep pace with our business needs and should reflect what our customers want and expect from us.
In conclusion, it can be well said that communication is the driving force of a good and positive work environment. Within the workplace, communication is valuable to every person so as to conduct himself in an efficient manner. It would be impossible to expect effectiveness in work without communication. Right communication and the skills make not only the professional life easier to conduct but the private life as well. Communication is a key to solve the problems in the workplace and with proper understanding it leads to good opportunities at work that motivates the subordinates to be successful in their work.
This paper discusses the importance of applying key performance indicators (KPIs) for performance evaluation and how this affects teamwork in an organization. KPIs are techniques that used for evaluate employees’ performance based on their characters, deeds, and results that they achieve. KPIs are applicable in sales and marketing, supply chain management, public administration, customer relationship management and many more. The major purposes of using KPIs in performance evaluations are to reduce cost, to increase customer satisfaction, and to enhance process as well as company revenue. KPIs differ between commerce and business structures.
The key personnel help in the continuing implementation of business strategy because they serve as the front liners of the company. Feedback on the services and repeat business will depend on how they manage customer service for satisfactory results. The loss of key personnel could have a material adverse effect on the operations of the