Wednesday, February 19, 2020
The HR problems at MPC Finance Case Study Example | Topics and Well Written Essays - 1000 words
The HR problems at MPC Finance - Case Study Example MPC has been gaining reputation for its products as with its personal policies. However the organizational outcomes concerning HRM were poor and questionable due to some issues as identified by the HR manager at MPC Finance (Ehnert, 2009). HRM practices at MPC were poor growth drivers and employees feel that little is done to recognize good performance and that the policies are out of date. Thus the employees' pay is tied to seniority rather than performance. As such it is noticed that there is less equal opportunity for the employees. MPC is about to lose good employees who are assets to the company due to the lack of training /development, performance review and advancement opportunities (Kearny, 2009). Therefore HRM practices at MPC Finance need to be refurbished to increase employee morale and job satisfaction. Thus it is essential to introduce some international HR policies (Chanda, 2009). Big business organizations such as Smith& Williamson and Moore Stephens have all one thing in common, viz. they all strive hard to satisfy the employees by focusing on effective HRM practices. Organizational outcomes or/and corporate goals at MPC need to be clearly defined in order to achieve at least some of them in the long term. ... Inability to come to terms with employee motivation, performance and communication interconnect would have been one of the biggest issues at MPC (Nkomo, Fottler, & McAfee, 2007). Also it needs to develop appropriate measuring tools to measure the impact on various issues at organisation level, e.g. organization-wide feedback surveys (Foot, & Hook, 2008). The development of an appropriate organizational reward system is probably one of the strongest motivational factors. Smith & Williamson and Ernst & Young implemented this practice very well.Employee training should be provided when required and this would help them to be in touch with the newest technology available and improve their efficiency which also counts as a company goal. Also performance evaluation practices must be based on the recognition of especial abilities of employees (Grugulis, 2007). Thus it is noticed that women who work at MPC have less opportunity be at senior position. Minority community has less opportunity work at company. It is ideal to introduce system to treat workers where despite their ethnic/race differences (Tocher, & Rutherford, 2009). Working environments may develop some pr oblems, for instance sitting long time period in front of the computer made some health issues (vision problems / back pain) on employees at MPC. Therefore management should minimise work stress when going for high targets with long hours of work.2.3. HRM practices & issues at the UK finance industry During the last ten years the finance industry in the UK has noticed a variety of HRM issues including absenteeism, work related stress and turnover. Against this backdrop of ever increasing competition, it's imperative for MPC to initiate some far reaching
Tuesday, February 4, 2020
The Role of Leadership in Shaping Organizational Culture Assignment
The Role of Leadership in Shaping Organizational Culture - Assignment Example Shaping organization culture is essential if the organization leadership aims at having a healthy and high performing organization culture. Since culture involves the unwritten and written rules of how people would work with each other to achieve organizational objectives. This paper attempts to outline the role of leadership in an organization by shaping its culture. Organizational culture is integral in ensuring that the organization identify and execute strategic plans. Successful leaders ensure that they shape the culture of the organization instead of letting the culture to shape the organization. Culture shaping involves strategies that can promote an integrated system in the organization from top to bottom. To ensure that the performance and growth of the company adheres to the organization goals, the leaders must ensure that there is behavior change among individuals and teams in the organization. It is therefore necessary that personal transformation serve as the foundation of culture transformation (House, 2006).Ã Leaders shape and influence the organizational culture through molding of values, beliefs within the organization and basic assumptions by the members of the organizations. The key and critical factor for a manager to ensure that there is enough support organization culture is empowering the employees to build a good relationship that would lead to change in organizational culture. Effective leaders engage formation of strategies that would shape the organizational culture through influencing members to a positive relationship within the organizational program. Leaders who are intelligent learn on changing the organizational culture and focus more on empowering the people to enhance good relations. There are several strategies that can be used by managers to ensure positive organization culture is applied (Wells, 2013).Ã The first strategy
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