Performance & reword Essay Example | Topics and Well Written Essays - 1750 words

Performance & reword - Essay Example The influences could be positive or negative during this journey, but such influences also affect the future course as well and the spirit with which the team members are working decides the future course of the achievements as well. Ans-2: The contemporary job design theories outline a set of functions, components and tasks depending upon the organization settings, based upon the requirements of the organization and the capabilities of the individual. While the meta-process of finalizing minute details helps the organization in attaining the desired heights, it also helps in the individual by way of improving quality of work experience and greater freedom and flexibility (Dolan and Schuler, 1994). Therefore, positive motivations help in a better experience while negative motivations result in adversely impacting the work culture. Motivation in simplest terms can be defined as a means of providing motives. At times, the lack of any positive motivation by the managers often results in an automatic provisioning of negative motivation. How somebody makes use of his/ her efforts towards a goal is determined by the motivating/ de-motivating factors. It is through their behavior that employees give expression to their commitment to work, level of motivation and their attitudes. The performance appraisal and review process helps the management in motivating the performance levels of deserving candidates while providing an opportunity to the one's lagging behind. Organizational goals and objectives can also be achieved if the workforce is able to work with desired levels of motivation. Buyens and De Vos (2001) contend that, "strategic HRM is the linking of the HR function with strategic goals and objectives of the organization in order to improve business performance and develop organizational cultures that foster innovation and flexibility". It is worth mentioning here that the individual feel motivated when they find that their requisite needs are being fulfilled in the process. The Maslow's hierarchy of needs is an important tool to assess the needs of the people in general. Ans-3: Strategic HR management is supposed to align organizational targets with those of the individual and the teams. Mahy et al (2005) contend that a company designs its HR policies to maximize profits, for which the company makes use of job incentives. Such incentives play key role in influencing the attitude of the worker. Thus the incentives turn into profits for the company. If due attention is paid to the periodic feedbacks from the workers, it goes a long way in shaping the policies of the company and provides it an edge in taking on the competitors. For example, Coca Cola the leading icon in a range of beverage products clearly underlines the importance of synchronizing the career requirements of workers with the company's requirements. It states1, "Our Company, your career, together we grow." Considering its people as its greatest asset, the company comes out with a benefit statement which states2, "The Coca-Cola Company values the health and well-being of our employees and provides a variety of market-competitive benefits programs to address employees' benefits needs." It is indeed worth pointing out that company clearly finds a link between maximizing

Food truck- Entrepreneur Interview and Reflection report Essay

Food truck- Entrepreneur Interview and Reflection report - Essay Example The entire process of learning involved with this module has made me to discover the possibility of effectuation as a suitable tool for advancing on entrepreneurial career, as well as providing important suggestions on how to come up with entrepreneurial skills (Price Institute for Entrepreneurial Studies, 2000). To start with, we are going to have an over view of Tullee’s restaurant which is a Caribbean restaurant located in the northern side of London. It was started in 2008 by Glen Watson who would like to expand the business so as to earn more income. Some of the segmented customers who buy from the restaurant include the local people most of them being working class. Other customers included those who came regularly came for lunch. After careful analysis we realized that most of the restaurant restaurants do not sell Caribbean food and this made us to start serving this food. In order to be competitive, our main focus was on the quality and the prices of food. The business intends to use social media as a way of connecting with the customers. Online orders will also be used where customers can make online orders through their mobile phones. Since the original owner of the restaurant used to have only one supplier, we intend to have several of them so has to increase the supplies. In order to attract new customers, we will provide best offers like price reduction and after sales service to win customer loyalty. For the case of customers who have been loyal, we will use them as referrals who will recommend us to other customers. We will also profile our cost structure appropriately so as to reduce costs as much as possible so as to maximize profits. Most of our valued resources will include: suppliers, employees and customers. According to Baron (2012), learning and reflection is a very important process in life. It