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The importance of motivation in the workplace
Research proposal on the effects of motivation on employee performance
The importance of motivation in the workplace
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Q1.
BreadTalk is founded by F&B operator George Quek back in 2000 whose inspirations came from the high quality bakeries he observed from Japan and Taiwan (Teng, 2002). It is now a distinctive bakery store selling wide variety of bread, cakes, pastries in Singapore and many other countries like Malaysia, Hong Kong, China and Middle East (Hunt, 2013).
The BreadTalk Group which consists of 7000 global employees is a franchisee of Din Tai Fung. They also operates Toast Box, Food Republic, RamenPlay, The Icing Room, and Carl’s Jr. in China (BreadTalk Group, 2014).
Corporate Social Responsibility (CSR) is an ability to evaluate and initiate things independently to be responsible for the organization’s effects on both social well-being and environment issues. It may involve short-term costs that mostly apply to the company’s effort to develop positive environmental and social changes.
Companies that are involved in CSR have major funds reserved for environmental programs and they devote time, effort and financial support for social well-being that benefit their employees (Investopedia, 2014).
Employees’ job performance will increase when they are happy with the benefits BreadTalk can provide them, leading to greater organizational and work efforts as they are feeling more motivated to do their job now. Motivation must be highly utilized and BreadTalk can do so by recognizing employees’ hard work through social welfares.
Thus, the Corporate Social Responsibility is able to influence BreadTalk’s organizational behaviour because with more social welfares benefiting their employees, they will be more committed at workplace, leading to organization commitment. This also increases their willingness level to perform well as they feel c...
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...generalization. Managers of BreadTalk can deal with their employee like it is the first time in their life and they should treat every individual separately. In reference to Jean Piaget’s theory, perception affects the way people deal with one another. Thus, managers should also give opportunities to learn about employees and their cultures as they are always dealing with people of their past knowledge. Cross cultural awareness can be built once the barriers obstructing us from understanding cultures are broken, allowing us to open our mind (Odrnews).
Other steps include not changing employees’ values but to connect with those values by understanding and appreciating their cultural differences. When dealing with cross-cultural awareness, managers may face cognitive dissonance/internal conflict. They should rationalize and make things more objective in their mind.
Corporate Social Responsibility (CSR) is the way a corporation achieves a balance between its economic, social, and environmental responsibilities in its operations so as to address shareholder and other stakeholder expectations. In general, when firms hold this wider encouraging role on the public by being engaged with stakeholders, a variety of profit can be produced for both company and the stakeholders. A key inclination is the combination of Corporate Social Responsibility (CSR) into the organization strategy, culture, mission and communications. By incorporating corporate citizenship into the company it is no longer an additional “nice thing to do” or something made to obey laws or regulations. Instead, corporate responsibility has become something business leaders and workforce want to engage in, frequently because executives who believe in the long-term see business profit. The four types of social responsibilities a...
The founhder of the company, Godfrey Keebler, started with jus a small bakery in Philadelphia, PA in 1853. During the next two generations, local bakeries popped up around the country, including Strietmann, Hekman, Supreme and Bowman. With the introduction of cars and trucks (carrying the Keebler logo), bakery goods could be distributed beyond the neighborhood and regional distribution began.
The Panera Bread Company began in 1981 as Au Bon Pain Co., Inc. Founded by Ron Shaich and Louis Kane, the company thrived along the east coast of the United States and internationally throughout the 1980’s and 1990’s and became the dominant operator within the bakery-café category. In the early 1990’s, Saint Louis Bread company, a chain of 20 bakery-cafes were acquired by the Au Bon Pain Co. Following this purchase, the company redesigned the newly acquired company and increased unit volumes by 75%. This new concept was named Panera Bread. Top management chose to sell their previous bakery-café known as Au Bon Pain Co. due to the financial and managerial needs of Panera. In order for Panera to become the success top management visualized all resources needed to become available for Panera. Panera Bread is now the most successful bakery-café in the category in which there are currently 1,777 bakery-cafes in 45 states and in Ontario Canada (Panera Bread).
An organization’s Corporate Social Responsibility (CSR) drives them to look out for the different interests of society. Most business corporations undertake responsibility for the impact of their organizational pursuits and various activities on their customers, employees, shareholders, communities and the environment. With the high volume of general competition between different companies and organizations in varied fields, CSR has become a morally imperative commitment, more than one enforced by the law. Most organizations in the modern world willingly try to improve the general well-being of not only their employees, but also their families and the society as a whole.
Corporate Social Responsibility (CSR) is a concept whereby organizations consider the wellbeing of the public by taking responsibility for the effect of their actions on all stakeholders; customers, employees, shareholders, communities and the environment in every aspect of their operations. This responsibility is seen to extend beyond the statutory obligation to comply with legislation and sees organizations willingly undertaking additional steps to improve the quality of life for employees and their families as well as for the local community and society at large.
According to Investopedia.com (2015), corporate Social Responsibility (CSR) is a corporation’s initiatives to assess and take responsibility for the company’s effects on environmental and social wellbeing. More specifically, CSR involves a business identifying its stakeholder groups and incorporating their needs and values within the strategic planning. Failing to be “responsible” is regarded as a business risk. On the other hand, too responsible is also a risk (Klein, 2012). Thus, effective CSR is important to increase competitive advantage, increase sales, mitigate risks, enhance reputation, and contribute to business results to align the company with its business purpose and values (Ragan, Chase, & Karim, ,2015).
Corporate Social Responsibility (CSR) is the set of regulations that an organization makes to protect and increase the society in which it functions. There are three areas of social responsiblity: Organizational stakeholders, the natural environment and general social welfare.
According to Mike Peng, Corporate Social Responsibility (CSR) is the consideration and response to issues beyond the narrow economic, technical, and legal requirements of the firm to accomplish social benefits along with traditional economic gains the firm seeks. CSR is a way in which a company seeks to achieve a balance between profit, environmental concerns and social imperatives. This is known as the ‘Triple-Botto...
What is CSR? CSR or Corporate Social Responsibility indicates the actions or conducts that have strategic importance to companies. CSR has been defined as a company’s efforts or obligations in reducing and getting rid of any detrimental effects on the community and maximizing long-term beneficial effects to the company and community in which it operates (Mohr et al, 2001, cited Trendafilova et al, 2013). CSR usually starts with the general emphasis that businesses are not only responsible to generate economic returns for shareholders, but are also responsible to the environment and to other stakeholders. This is usually known as the “triple bottom line” – the company’s returns for investors, the environment and stakeholders (Markley, 2014). In today’s modern business environment, CSR is undoubtedly important because whenever possible, customers would like to purchase goods from companies they trust; suppliers want to develop business partnerships with companies they can entrust; employees want to work for companies they have a high regard for and NGO’s want to work with companies seeking possible solutions in areas of common concern. Pleasing each of these stakeholder groups enable companies to maximize their obligations to their shareholders who gain most when the needs of other stakeholder groups are met (Waldman et al, 2010).
CSR is a concept where company involves in social and environmental in their business operations. This is done to achieve a balance of economic, environmental and social obligations.in simple terms giving a hand for those who are not capable of achieving with their objectives and attending to them so that they could make those objectives a reality. This could improve organizations cooperate image which would also leads to attain a high market share.
Can the effects of cultural misunderstandings can be painful for the individuals, but also for the organization as a whole. Embarrassing situations and inadvertently insults, offenses and failure to achieve individual and organizational goals are among the consequences of the joint. Experience of many managers and researchers in the field of strategy, organization, and the development of the theory of the organization suggests all this ", the study of cultural issues at the organizational level is absolutely essential to a basic understanding of what goes on in organizations, and how it works, and how to improve" (Shin 1990).
It is a need to recognize the differences in a global multicultural environment and learn to use them to one’s advantage, rather than either attempting to ignore differences or simply allowing differences to cause problems. Manager should learn to have basic respect towards the diversified workforce to maximize contribution.
Both of these areas are the lifeblood of the company, and any benefit to them should not be overlooked. Before a company can become proficient at corporate social responsibility, they must first know its definition. Corporate social responsibility is defined as actions that can be taken by a company to ensure they are adhering to ethical and social responsibilities of the day. These corporate social actions are self-regulatory, as a company strives to adhere to guidelines while also going above and beyond being a Good Samaritan in the business world (ECA, 2015). This can place certain businesses at the forefront in customers mind because of the example they are setting in the marketplace. A company going above and beyond the call of duty to work towards a more philanthropic approach in the surrounding community is a perfect example for corporate social responsibility. Going deeper into the definition, corporate social responsibility acts like a “double bottom line” for a company, as they strive to achieve financial goals, but also achieve their social mission out in the community. Once a company is aware of what the concept of corporate social responsibility is, they can now implement it and start to reap the many benefits of its
Communication is the key to organization for these companies and leaders depend largely on its effectiveness. In one study of cross cultural communication, managers were asked to think of seven problems before the meeting to make the communication effective (Barriers of Cross Cultural Communication in Multinational Firms). But, how do people understand each other when they do not share the same culture? To answer this question we must first understand cross cultural management. This type of management focuses on the behavior of people working together as a group ...
It is important to understand the importance of corporate social responsibilities. If Corporate Social Responsibility is properly maintained and emphasized by companies, it can benefit the society, economy and corporate sustainability. It can also be cost efficient to companies. also the environment . But above all effect (CSR) varies companies to companies. Where some corporates seem to make all sorts of benefits from their coporate social responsibilities but few of them are also having loss by trying to maintain CSR without properly evaluating their resources. (Porter and Kramer 2006) has said The inferences where corporates need to evaluate their CSR actions to figure out if they add