Retrieved from https://studentshare.org/business/1582054-appendix
https://studentshare.org/business/1582054-appendix.
The managers of the company provide great leadership to the organization. The executive management team including the CEO is often seen talking with the floor employees. The company provides managers with monthly training and development sessions. The lines of communication are always open between the employees and managerial staff. The managerial style of the CEO is charismatic leadership. The managers abide by high ethical standards in their decision-making process. The managers are very fair and they have delegated some responsibilities to the floor employees to empower the workforce. Change management has been used effectively by the managers to keep up with the latest trends in the industry. The managers have the power in the organization. The company does not suffer from agency problems. The managers are responsible for keeping good interpersonal relations with all major stakeholder groups.
The employees of the company feel they are a part of something special. The firm’s generous stock option plan has helped develop a tremendous corporate culture. The employees achieved acceptance and synergy. Synergy occurs when the whole is greater than the sum of its parts. The workforce of the organization is very productive. The firm evaluates the performance of the employees twice a year. Different groups of employees report to various supervisors. The firm offers its employees great benefits including a medical plan. The managers receive valuable input from the workers through an anonymous feedback mechanism.
The company should cultivate teamwork and cooperation among the employees of the firm. Teamwork can be used to improve the performance of a company by delegating different responsibilities to different workgroups. A positive attitude is desired among the workers. Motivation is also a very important factor. It is the responsibility of the managerial staff to maintain the employees motivated. Motivation can increase through the use of intrinsic and extrinsic rewards. Diversity among the working staff is an attribute of the firm’s workforce that should be cultivated more in the future.