.

Saturday, December 28, 2019

Managing Motivation in a Difficult Economy -Organizational...

â€Å"Organizational Behaviorâ€Å" Case Study â€Å"Managing Motivation in a Difficult Economy† Question 1: Based on the five management systems introduced by Claussen, the dependent and independent variables are as follows: Independent Variable * Age * Tenure * Management style * Area * Job satisfaction Dependent Variable * Turnover rate * Sales amp; Profit * Employees productivity | From above it can be noticed that there are different independent variables that affect the dependent variables. Age has an impact on the turnover rate, sales and productivity; it has been perceived that older employees are more experienced, can provide better feedback, have a strong work ethic, commitment to quality, lower rate of†¦show more content†¦Question 4: a. Although program V has been selected by the majority of stores (87) followed by program I (83 stores), but still this does not influence our conclusion on the effectiveness of the five introduced programs, the more important factors that need to be taken into consideration are the average turnover and profit. When looking at the average turnover rate, program IV scored the lowest turnover rate 17%, followed by program V (scored 21%). Whereas when comparing the weekly profit per month, Program V scored the highest profit $14,000, followed by program IV $ 13,000. Despite the fact that the monthly staff time cost for program V ($2,750) was much higher than the one related to program I, II and III, still program V managed to retain the highest net profit as shown in the below chart . B. Enabling Mangers to select their specific program, makes them feel more involved, engaged and participating in decision making which are considered as important elements for any job satisfaction. On the other hand managers may have different objectives amp; views (bias) that could affect the intended results. If only one program has been chosen a clearer analysis could have been conducted, as for the current case the different variables are causing different results. C. Randomly assigning different conditions to the stores will omit any bias caused by managers due to their way of thinking that sometimes is not in line with their employees’Show MoreRelatedSeminar on Challenges in Human Resource Management in 21st Century1223 Words   |  5 PagesSEMINAR ON CHALLENGES IN HUMAN RESOURCE MANAGEMENT IN 21st CENTURY November 27, 2010 WORKERS MOTIVATION AS A CHALLENGE OF HUMAN RESOURCE MANAGEMENT K.C.Das Commerce College, Chatribari Guwahati-8 PresentedRead MoreOrganizational Behavior Essay1591 Words   |  7 PagesAbstract Organizational Behavior is the study and application of knowledge about how people, individuals, and groups act in organizations. It does this by taking a system approach. That is, it interprets people-organization relationships in terms of the whole person, whole group, whole organization, and whole social system. Its purpose is to build better relationships by achieving human objectives, organizational objectives, and social objectives. Organizations are social inventions for accomplishingRead MoreTypes Of Collective Learning Types1015 Words   |  5 Pages                           Collective Learning Types Dan M. Lavoie Grantham University                                             In today s fast economy, access to internet gives organizations an immense wealth of knowledge at a click. The ownership of proprietary and unique knowledge is critical to an organization s ability to maintain advantage over competitors. It is important that organizations maximize ownership of intellectual capital as documented explicit knowledge as much as possibleRead MoreTraining And Development Efforts Help Employees989 Words   |  4 Pagesintentionally planned to help employees show and present the behaviors coveted by the corporate culture. Also, those who are flourishing and booming in the corporate ladder, within a culture should be given additional development opportunities so that they can assume positions of greater responsibility. By advance growing and establishing the company to promote those that support the corporate culture, HR again is again having an impact. Also, organizational systems that promote changes and evolution in employeeRead MoreEssay On Becomi ng A Leader910 Words   |  4 Pagesto explore strategic ways to devise new and innovative forms of value, a true innovation system relies on the ability to capture and interpret the articulated and unarticulated needs of your current and future customers, it requires the leadership behavior, infrastructure, and processes to execute effectively on key insights. Creating new value means more than developing new technologies, products, and services using traditional product development processes. Strategic innovation covers all areas ofRead MoreCase Study : Managing Motivation For A Difficult Economy3558 Words   |  15 Pagesyou were the CEO of a company that was near bankruptcy, and needed change before that happened? The case we researched and prepared, is about the drug store Morgan-Moe’s, and their continual financial problems. The case title is Managing Motivation in a Difficult Economy. Their human relations team comes up with five different management options for eac h of the branch managers to choose from. The five options to choose from were; traditional management, share absence and sick leave, share sales andRead MoreThe Global Competition Today, Is The Basic Element To Define1803 Words   |  8 Pagesorganization’s strategies as a result industrial economy that has been experienced to pass toward the knowledge economy. When you become a competitor in market day after day it will be difficult to improve sustainable growth for the organization’s side. Most of researchers are aware of the advantages and disadvantages of the competitive work environment and always try to find ways for adapting to competitive conditions. Human resource management is the process of managing people in organization in thorough mannerRead MoreInternational Dimensions Of Organizational Behavior1911 Words   |  8 Pagesorganizations in the world today may face all kinds of challenges across the national boundaries. By learning the international dimensions of organizational behavior, a manager will make better and more ethical decisions for the following reasons. First of all, the managers will learn the classical theories of international dimensions of organizational behaviors that will improve the knowledge of the managers. The managers will know the impact of culture on organizations, the effect of cultural diversityRead MoreInternal And External Factors That Affect The Corporate Culture Essay988 Words   |  4 PagesThere is a conflict in the workplace due to both the internal and external factors. With a stressed economy and ever snowballing prices of basic amenities like food, gas and other numerous commodities, these peripheral strains cause problems on employee’s home life. These external conflicts are seen on their work and internal conflict arises. These peripheral stresses put hard-hitting on the economic conditions employers. Often the employees feel their work area as burden and consequently lack ofRead MoreUnemployment And Underemployment Of College Graduates1072 Words   |  5 PagesSECONDARY RESEARCH FINDINGS Unemployment and Underemployment of College Graduates â€Å"The Class of 2014: The Weak Economy Is Idling Too Many Young Graduates,† published on the Economic Policy Institute website, reported that the trend of the labor market would remain for ten to fifteen years (Shierholz, Davis, Kimball, 2014, Para 10). The report showed that unemployment rate for college graduates was high, and college graduates had jobs requiring less college educations with low pay. Average pay

No comments:

Post a Comment