Satisfied and motivated employees are the competitive advantage of an organization and they are valued as the greatest asset of any company. Pfeffer and Veiga (1999), advocate for the strong connection between how firms manage their people and the economic result achieved. However, it can be argued that not all employees are an asset to the company, because doing so insinuates that all employees have a positive impact on the profitability and the desired work culture. One way to ensure that the employees are an asset of a company is through employee engagement. Engagement is “a positive attitude held by the employee towards the organization and its value” (Robinson, Perryman and Hayday 2004).
When employees are satisfied with their jobs and their company, workplace productivity rises. The advantage to understanding your leadership style is that you understand your strengths and weaknesses. You can be proactive and more effective as a leader by strategically using your strengths and counteracting your weaker areas. Your style defines your values and perspective, and being aware of it will aid your communication those you work with. As the saying goes, knowledge is power.
1.2 Differing styles of Management and Leadership can have an enormous impact on the attainment of organisational objectives. An effective Manager can achieve positive outcomes for their organisation by employing good Leadership skills. This can sometimes help to both exceed expected outcomes and also improve staff morale which can have the by product of resulting in effective Team Building, which leads to increased productivity, but this can only be achieved by combining both aspects of Management and Leadership. 1 Understand the skills and styles of Management and Leadership 2.3 The personal skills required for effective Management are good organisational skills and communicational skills, a desire to complete tasks and achievements and an enjoyment of building relationships and guiding people. If a person has these aforementioned personal attributes it makes for a natural progression into acquiring the professional skills needed for Management such as, developing the ability to adapt to changes as they arise and rethink your structures and process if required.
An organization’s reward system can be used as a motivational tool if the rewards being offered are considered valuable by the employee. A valued reward system can positively affect an employee’s performance. Organizations use pay, benefits, compensation and other rewards as effective performance management instruments to enhance employee productivity so goals can be achieved. So, how does an organization choose the reward system it offers? This paper will focus on the hypothesis that employee engagement in choosing a valued reward system will positively effect performance management and subsequent employee success.
In addition, some supporters of flexible work arrangements argue that such programs can actually have a positive impact on the productivity of employees. They contend that employees who are better able to attend to family needs through flex-time are more likely to be contented and productive, while good employees who telecommute may get even more work done if they are freed up from office
This advanced tool that information can be also used for employee development. It highlights training needs and gives guidance. By using performance management system companies can ensure that fairer decision making vs. development. An organisation benefits as it put standards in place what the organisation sees what is expected and what is perceived. Treating employee employee`s fair increases the company ability to stay consistent and employees more like to stay loyal.
1. Foreman’s course works to improve the attitudes of the employees working for a given company. Studies have shown that worker attitudes are directly related to the success of a company. Thus the program has the potential to improve worker moral and wellbeing which in turn will help to improve the profitability of Albertsons. As said in the textbook job satisfaction has a direct affect on customer satisfaction and the profitability of a company so if Foreman’s course can do what is pledges then it could have a positive effect on Albertsons profitability.
Above all else, I believe being a leader one has to make being at work fun. I think if you enjoy what you are doing and do not get up every morning hating to have to go work the employee becomes a more productive worker. I am a firm believer that if an organization treats their employee’s well they will be happier, loyal and more productive to the organization. I believe my leadership philosophies now and as a future leader will be a blend of autocratic leader, innovative leader, constant improvement leader, and a transformational leader. I know this is a lot of different philosophies of leadership, but I do not think there is just one type of leader and to be a good leader one needs to be open to learning new things.
Leadership styles that define public leader * Participative style It is also known as democratic leadership style, the style puts into consideration peers and member team input where participative leaders make the final decision. By employees contributing towards decision making this leadership style improves employee morale. Whenever a company
Transformational Leadership and Management Transformational leadership involves the following factors that would complement managers to use in the workplace (Lang) * Idealized Influence; managers need to be exemplary role models. Thus making them be trusted and respected by their juniors to make good decisions for the organization and eventually follow his/ her ideals. Managers are encouraged to be role models where well-led businesses "recognize and reward people who successfully develop leaders"