For upper level management positions, Tanglewood should hire internally because of the people culture and value from each region; this is due to the similarity between the employee and their society. For entry-level positions they should obviously hire externally. In my opinion, Tanglewood should focus on Core Workforce during the selection of employees. This business is based on a “team” philosophy that will be easily accomplished through core workforce. It will be difficult to maintain a cohesive employee and company culture with flexible employees throughout the year as opposed to full and part time employees working year around.
Chapter 13 - “Analyzing Managerial Decisions: Bagby Copy Company MBA 540 Michelle Wilson August 9, 2015 There are many advantages and disadvantages to specific vs. broad task assignment. Assigning specific tasks to workers allows the company to hire specifically based on the ability of the worker to do a very specific job. In this way efficiency can be increased as a worker should be performing the job that he is comparatively best suited to perform and nothing else. Competition amongst workers can also be increased as there is a specific metric to judge by. The cost of training a worker is also reduced as the worker does not have to be trained in every aspect of the company only what he is going to be doing.
Unit 16 p3 Motivation –Motivation is the driving force which keeps people going and business always thrives to motivate their employees to their best of ability. Taylor- This motivation theory is that depending on the work you produce is how much money you should earn a day so if you exceed the employer’s expectations then you deserve more pay. As this is an old fashioned method Tesco don’t really use this method. A disadvantage of this method is that Tesco can’t keep a track on all of their employees, so you can’t keep a track on what they have done thorough out the day Mayo- This theory involved the business to involve its employees within the business and to communicate with their employees. He thought that people should be treated
It will give the management of any company the benefit of seeing how well the company is meeting the goals of their mission statement. The common characteristics of a balanced scorecard are the same for each and every company that uses one; however each company will obtain different results. This is because each company will perform differently and the balanced scorecard will help the company to determine what is working for the company and what needs improvement. The balanced scorecard will help to make the employees perform better, which at the same time will help to improve customer satisfaction, thus the cause and effect sequence. If the employees are performing their job better, they will deliver better quality products, in a timelier manner, thus raising the customer satisfaction.
It is important to remember that a loyal customer can be just as valuable than new one. This is because you do not have to spend as much time and money marketing to them because they already know what you offer them. And it goes beyond just having customers that are satisfied, you need to have customers that are loyal. Loyal customers tend to buy more and more importantly they talk more which means a whole load of free word of mouth advertising for your business or company. Therefore building a highly loyal customer base should be the foundation of your basic business strategy.
Acquire or Develop Talent According to the text, if Tanglewood wants to achieve a full acquisition strategy then Tanglewood is going to have to acquire new talent. This seems to be the best strategy for Tanglewood because it is already evident judging from the case that there is an inconsistency in management styles between the original stores and the newly acquired stores. The argument for acquiring new talent is that new employees hit the ground running and are at their peak the moment they arrive. This is the kind of performance Tanglewood needs during and acquisition
They need to make sure the profit obtained from this investment is enough to justified it. It is possible that additional research would have to be conducted which will involve a delay on the project but the possible fail on the investment is worth the wait. WEEK 4 ISSUE #1 - CanGo is looking at becoming more productive within their specific demographic. Before doing so they have to make the appropriate actions to encourage the customers to follow through with their orders and expanding to different demographics. Aspire Business Consultants has become aware of six key issues with recommendations that will help provide a solid foundation for future endeavors.
With the merger, new set of rules need to come in place. The employees have to work together as one organization with a common vision and shared goals, and not see each other as competitors anymore. Mergers can help to increase efficiency by eliminating duplication of services, which can lead to decreased cost without compromising quality. With the additional inpatient and outpatient services that were lacking in my organization, the combined organization will be able to provide the best quality of care to the patients. This will in turn raise the standards of the new organization.
Secondly, Domino’s is providing flexible time schedules to its employees as a results employees’ ‘Perceived Organizational Support’ toward Domino’s has increased as it is concern about their well-being. Thirdly, Domino’s sends a goodwill gesture towards its employees by naming its Human Resource Department as ‘People First’. It shows that contributions of workers are appreciated at Domino’s and it believes in the philosophy that ‘People can make a Difference’. Fourthly, Domino’s strategy is also successful in reducing its costs of recruiting, hiring and training employees by making them more
Hiring contract and temporary employees may be very beneficial for business. Companies benefit by not having to be responsible for recruiting and testing employees but at the same time have staffing for their peak needs and flexibility to let temporary workers go when they are no longer needed. Whether contract and temporary employers are good for business depends largely on the type of the business. For example, a productions factory will certainly benefit by hiring temporary workers. The use of temporary workers helps the business to maintain staffing flexibility and reduces hiring costs.