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Literature review on employee engagement
Literature review on employee engagement
Literature review on employee engagement
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When looking at Morgan-Moe’s drug stores methods, for each of the store managers to choose from, they were created to improve sales and decrease employee turnover. The store managers may pick any method they think will help them, and their store, succeed. The data is a little bit concerning, due to the fact that some of the methods that are chosen have such a high average turnover, with little profit per week. There is a distinct difference between the management styles between all the methods. If a manager, was not the best manager, and just chose the traditional management style, there would be a high average turnover and the weekly profits would be small. But, the evolving managers that will try everything new, would not choose the traditional …show more content…
The managers who didn’t like change, stuck with the traditional management. Managers that tried something different, raised their weekly profits about 75% of the stores choose other programs rather than traditional management. That shows that more managers were willing to try something new to see if it helped. The data shows that some of the managers at Morgan-Moe’s were willing to try something new. The managers at the stores that chose to do nothing are hurting their bottom line.
Does the fact that managers are selecting the specific programs to use affect the inferences you can draw about program success?
At the time the programs were implemented at Morgan-Moe’s drug stores, each of the managers got to choose their own programs at their individual stores. Robbins (2011), “Programs IV and V were selected most frequently in stores in rural areas, and especially where the workforce is older on average” (p. 637). This excerpt explains a lot of the manager’s choices while choosing their programs. The older stores chose program I, because more of those stores are not used to change. Their managers did not want to change because they did not know what it would have done to the store. The more rural stores where able to choose more of a flexible program that allowed the employees to brainstorm. That seemed to bring in more money while keeping a low average turnover in
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The stores that were older, that didn’t want change, might do better with a different program. When in an economically distressed area, conditions can be tense. Allowing employees to brainstorm to bring in more customers helps their moral and self-efficiency. According to Robbins (2011), “Self-efficiency refers to an individual’s belief that he or she is capable of performing a task” (p. 217). When they see the store succeed because of some their own doings; the individuals will be able to believe in themselves. Morgan-Moe’s wanted to create change because they only had so long before they would become bankrupt. Putting managers in positions that they were not used to could let them expand their managing techniques. With having a more diverse management, it creates a greater connection between management and employees. This, in turn, lowers employee turnover and increases weekly
Management is a key to success, and Kmart needs proper management to help create a positive image that attracts more customers. Kmart’s disorderly management and bankruptcy caused many customers to shop with other retailers. According to Carr, Wal-Mart and Kmart were the same size in 1990. Since then, Kmart has grown far slower than its rival or the industry. Once one of the largest discount retailers, Kmart filed for the biggest Chapter 11 bankruptcy for discount retailing in the United States (2002). Struggling to find the right type of management has been one of Kmart’s problems that ultimately helped lead the company to its downfall. Kmart is constantly changing CEO’s, and thus focuses. Kmart has had four different CEO’s since 2000, all with different management objectives.
Nardelli was brought in when the company needed to focus on the cost side of the equations when sales were growing. However his reputation suffered when Home Depot's smaller archrival, “Lowe's Companies, soared more than 200% since 2000, while Home Depot's shares declined 6%”.In addition, The organization never really embraced his leadership style. The company needed a more innovative and constructive leadership. Nardelli came in with new ideas for change, the employees did not have the desire for transformation since they did not feel the need for change and their morale was good. He believed that managing by metrics was the best way to guarantee fairness in judging a person’s performance. When Nardelli acquired control, the store managers felt that they lost their autonomy and independence. This led to the failure of unification of commitment and enthusiasm of his
A Review and Assessment of Its Critiques, Journal of Management, SAGE. Viewed on5th April 2011, at http://jom.sagepub.com/content/36/1/349.full.pdf+html
One of the main objectives of an organization is to beat its counter part in our possible way. In order for an organization to insure that they must be good at leading, planning, organizing and controlling their resources and materials to accomplish performance objectives. In other words management. There are four main types of management, Classical, Behavioural, Quantitative and now the Modern Approach to Management. The Modern Approach states that there is no one good way of management. A successful organization utilizes all the types of management. A good example of this is the movie Lean on Me, starring Morgan Freeman as Joe Clark, the protagonist of the movie. Joe is a very talented teacher, who takes a lot of pride in his work, but due to certain events (budget cuts), he has to make some very key decisions upon his future at East Side High, New Jersey. After the resignation of Joe Clark, things go back to worse at East Side High, so after 20 years Joe is once again called upon to take the duty of the principal of this once great school. His goal was to accomplish a 75% average on the state's basic skills test. This goal might be easy at any school, but then again East Side High was not just another school. The previous year the score was 33%. The school was filled with drug dealer, crime, graffiti and other things. Therefore it required a miracle to increase the school's literacy average by approximately 40%.
Sears has seen many different changes in business and has had to adjust to t...
In fact, it is the culture of motivated and empowered entrepreneurial employees that makes Nordstrom’s culture unique (Spector & McCarthy, 2012). There are less rules and procedures for Nordstrom’s sales personnel than in other retail organizations. Their sales clerks also operate with a certain level of autonomy, running their departments almost as if they are private stores (Mello, 2015). This overall strategic approach to HR keeps training costs low, and consequently the cost of turnover is also minimized. This is important, as Nordstrom’s turnover, due to the level of internal competition and entrepreneurialism this type of retail strategy requires, is one of the highest in its market (Mello, 2015). The high turnover rate makes HR planning an important factor in ensuring a stable workforce that can create and maintain ongoing customer relationships (Spector & McCarthy, 2012).
Some core competencies that must be exploited are: Brand Kmart is an existing well-known and trusted national brand in USA Kmart has private label and designer clothing that is well endorsed Infrastructure Kmart has a large number of well-located, low-cost, leased stores in urban far away from competitors through out the country ( Appendix B ). Staffing Confidence by the market in Kmart is created by the achievements of its staff and management. With the turn-around strategy in place, new blood has been put into the top management structures. In any renewal there will be retrenchment as unprofitable stores are closed. This can be used as an opportunity to retain and move high performing staff to where they are needed and to get rid of non-performing staff. Anderson the chairperson of Kmart is well supported by Wall Street and the board of Directors. These new staff members enter the company with needed skills to address problems in certain areas that previously were poorly managed such as inventory control and merchandising. Store locations, layout and Performance Stores conveniently located away from competitors like Wal-mart and Target therefore less to compete for customers face-to-face. There are 250 non-performing stores who have already been identified as being more cost effective to close than continue with running costs. Expertise exists in-house for the planning of store layout and appearance to meet different customer segments. This concentration of effort will enable focus on key areas Technology Kmart has already invested in good retailing systems. The system can be use to control inventory, supplier payments, track customer buying and monitor income versus profit margins across all stores. Research and Development The planning department is well established and in cross-functional to provide various perspective. The planning department to ensure that strategies at all levels are executed can further use the access to past data and knowledge of changes in buying patterns. Financial Backing JP Morgan Chase has agreed to support Kmart to avert the current threat of closure due to bankruptcy.
Managers in the more profitable regions were achieving/surpassing their sales goals, while managers in the less active regions were unable to achieve their sales goals. These underperforming managers were penalized by a system that they neither fostered nor developed. In all likelihood, the underperforming managers were disincentivized by unrealistic budgetary goals for their region, needing further assurances from corporate that their vision could be achieved. All retail stores suffered from a lack of product, destroying the potential sales that they could have gained. The stores in less popular/populated regions may have garnered a reputation for being unreliable and continually out of stock.
Robbins, S. P., & Coulter. M. (2014). Management (12th ed.). Retrieved from: Colorado Technical University eBook Collection database.
Gone are the days of a manager yelling and throwing a chair against a wall during a meeting. Management styles have moved to a more composed approach, one which works to enlist the employees support, rather than scare employees into achievement. Conclusion
Walmart has demonstrated that it is not just a small retailer but an innovator on operations management since it was founded. Sam Walton started a small company but by having a solid operations strategy he was able to develop a global empire. Operations management is more than just the day to day workings but is of forecasting the future and finding innovative ways to improve to reduce costs and increase efficiency. Walton’s strategy follows the ideas of the basic lean principles. Even though Walmart provides some of the lowest cost products on the market today, they are constantly looking for ways to eliminate waste, increase speed and response, and reduce costs. Walmart is a company to watch when it comes to supply chain management as they work on ways to apply the lean principles to their already lean stores.
Robbins, S.P., DeCenzo, D.A., & Coulter, M. (2013). Fundamentals of management (8th ed.). Upper Saddle River, NJ: Prentice Hall.
There are several theories that examine an organization and it’s approach to managing work in an effort to develop efficiency and increase production. Two classical approaches to management are Taylor’s scientific management theory and Weber's bureaucratic management theory. Both men are considered pioneers of in the study of management.
Porter-O'Grady, T., & Malloch, K. (2007). Managing for success in healthcare. St. Louis, Missouri: Mosby, Inc.
Graetz, F, Rimmer, M, Lawrence, A, Smith, A 2002, Managing organizational change, John Wiley & Sons Australia, Queensland.