Goals and strategies give a sense of structure to organizations. Setting goals and strategies help managers to have a competitive and structural working atmosphere within a company. A manager’s choice of goals and strategies strongly influence the way an organization will be designed for the present and the future (Daft, Richard L. Organization Theory & Design 2013, 2010, Mason, OH). Top management must keep in mind that goals and strategies will make an organization cross over to an ever-changing environment. Every organization has a purpose.
When people are looking for employment, they look for jobs that offer benefits and flexibility among other compensations. Employers lure job seekers with benefits and compensations to make sure that they stay with the company for the long run. Most of the time, employers are looking for people who want to stay long-term rather than short-term. When employers hire, they tend to compensate that person for their good job within the year with a bonus. Also, other compensations allow the employee to love their job and makes them want to stay.
THE ART OF WORKING WITH TEAM Teamwork is the workplace where the members work together and contribute the efforts to the growth of the team or organization. It is much more vital in the context of globalization and high competition. The solid team is essential for the sustainable development of the company. However, the issue should be adequately understood so that its effectiveness could be taken advantage appropriately. In the paper, there are the aspects analyzed and elucidated by answering these questions.
Chobani Motivating Their Employees Keeping Your Employees Motivated The key to being a good manager is to keep your employees motivated to come to work every day. Being motivated for work also makes the morale in the company greater along with keeping your production up. Chobani’s CEO Hamdi Ulakaya has done an awesome thing to make sure his employees do not lose their motivation. How would you feel if your CEO told you that the employees now own ten percent of the company? That seems unreal that a CEO would just give up ten percent of the company to his employees but this is exactly what Hamdi Ulakaya did.
The employee goal will be the production rate and every time they achieve that, bonuses shall be doled out. • Feedback from the employees should be valued and evaluated as this will help the management to reduce costs and maximize revenues. • Employees will be self-motivated to achieve the desired production rate as beyond a certain payroll value they will be eligible for the bonus. This strategy will keep them on the run towards achieving a high production rate. • Employee engagement schemes such as organizing workshops bridges the gap between the management and the employee as listening to the employee grievances solves half of the problem.
The miniature biographies are a way for Whole Foods to communicate to the public that the organization has nothing to hide in its operations. The company lives up to its mission statement by doing its best to supply the highest quality products, enforce a healthy work place for employees, and to promote the most environment-friendly products.
Managing talents for organization is vital to companies, so companies take a strategic approach where it is tied to organizational goals. There are organizational goals, process goals, and outcome goals have to better understand how talent management is a big factor in companies’ strategy. Organizational goals are defined as the overall objectives of the business, its purpose, and mission, which management or executive put forth. Then, the correspondence is communicated to organizations employees. Moreover, the organizational goals of a company often focus on its long term success as well as and its mission that withstand within its mission statement.
Implementation of Good business codes is the foundation for the establishment of a system, structure, and culture of the company that adaptive with the changes in the business environment and also increasingly competitive and able to build a system of internal control and good risk management. Implementation of Good business codes is believed capable of strengthening the competitive position of the company, managing resources and risk more efficiently and effectively, increasing corporate value and investor confidence, as well as the competitiveness of the company continuously. In business codes applies the principles which should be followed by the company including the manager, employees, shareholder, etc. Business codes has principles that must be taken by the company to achieve its goals and should be used as guidelines in order to have a standard that prevents the onset of lameness in view of moral ethics as a standard work . Business codes are important for the people in a company.
It is believed that by doing the abovementioned will aid the company in achieving its organizational goals successfully. HRM zoom in to the people strategies, integrating it with company’s corporate strategies, an... ... middle of paper ... ...s an important portion in the organization, which is highly integrated with the core strategy. PM is typically held responsible by the company’s personnel/manpower department. In HRM, all managerial level of the organization is involved with a collective aim, where personnel issues are being taken care of by managers of the respective departments, who are trained with the necessary skill set. As motivations, PM offers employees with extrinsic rewards like compensation, bonuses, rewards, and the reduction of work responsibilities.
Christopher Bart a foremost researcher in the art of mission statements articulates, "A good mission statement portrays an organization's unique and lasting reason for being, and energizes stakeholders to follow common goals. It likewise enables a focused allocation of organizational resources since it compels a firm to address some hard questions: What is our business? Why do we exist? What are we trying to accomplish?" (Bart,1998).