StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Organizational Business - Essay Example

Cite this document
Summary
Why Team-Based Rewards Should Be Used Instead Of Individual Rewards (Names) (Institution Affiliation) (Tutor) (Date) Organizations influence the conduct of the employees and their output (Hitt, Colella & Miller, 2006). Different managers apply different approaches to motivate their workers in order to achieve the organizational objective…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.8% of users find it useful
Organizational Business
Read Text Preview

Extract of sample "Organizational Business"

Why Team-Based Rewards Should Be Used Instead Of Individual Rewards s) Affiliation) Organizations influence the conduct of the employees and their output (Hitt, Colella & Miller, 2006). Different managers apply different approaches to motivate their workers in order to achieve the organizational objective. There are managers who focus on motivating workers as an individual while others focus on motivating the workers as a team as opposed to individual effort rewards to groups according to what they are able to achieve in line with the set goals (Kossek & Lambert, 2005).

Most organizations are encouraging group performance as opposed to individual efforts because of various benefits, which accrues from team work in an organization (Makin & Cox, 2004). Team work not only builds confidence among the workers, but also improves the working environment as well as increasing the efficiency of operations in the organization. Working as a team in an organization enables the management to increase the efficiency of the workers hence increase in output (Hitt, Colella & Miller, 2006).

This is so because each member in a group works to help each other to achieve a certain objective. Since different persons have different abilities, each member has an opportunity to learn from others hence increasing the overall performance of the organization (Makin & Cox, 2004). Furthermore, each employee work as a watchdog for the organization since no one is ready to miss reward as a result of underperforming workers. Therefore, each member will be forced to utilize his or her effort towards achieving the team goal.

This rule out the needs for managers to supervise the workers hence reduces the expenses that would otherwise be incurred by the organization in hiring supervisors. This approach is opposed to the individual reward scheme in which individuals work separately hence there is no coordination towards achieving similar objectives (Kossek & Lambert, 2005). The individual reward scheme limits workers from sharing their skills and expertise with their colleagues hence lowering productivity of the organization (Hitt, Colella & Miller, 2006).

Furthermore, individual reward scheme requires the organization to maintain expensive records for the contribution of each employee while for team members, only one record is required for the entire group since all members earn equal amount. Working as a team gives the workers confidence at their work hence increases efficiency of the operations (Kossek & Lambert, 2005). Since a particular team in the organization has a particular goal to achieve in common, each member in a given team has the courage to discharge his or her duties since the other members in the same team will be ready to correct the other members who are less experienced.

This will instill confidence among the workers since they are assured that they will be corrected whenever they go wrong (Makin & Cox, 2004). This approach is better than individual reward scheme in which less experienced individuals feel discouraged after failing to perform according to the management expectations (Hitt, Colella & Miller, 2006). This results to motivation of all workers since each is able to learn from the other team members. This was witnessed in Network Cable, Inc in which forty network installers were subdivided into eight groups of five installers each in the year 2000.

The management noted that team work in this company resulted to improved client satisfaction, organizations performance and employees’ confidence and contentment. Working as a team involves interaction of employees from various departments. This enables the workers in a given team to understand the expectations of various departments in the organizations since there are representatives from various departments (Hitt, Colella & Miller, 2006). Once different needs of various departments are clearly understood by all employees through team work, it becomes easy for the management coordinate the workers towards achievement of a common goal.

This will enable the management to reward the workers according to the task performed as opposed to individual reward scheme in which individuals may receive reward even if the overall task was not completed successfully as a result of failure of some tasks carried out by inexperienced workers (Kossek & Lambert, 2005). Team work creates motivation for the workers since all workers are able to understand their particular tasks in the organization and how they relate with those of others. In addition, they are able to appreciate the contribution of each member in the team hence building trust and dependence with each other (Hitt, Colella & Miller, 2006).

This results to harmonious coexistence among the workers and less disagreement among them. In conclusion, organizations should encourage team work in their organizations because it attracts more benefits to the organization, employees and management, as opposed to individual reward scheme. Team work reduces expenses, supervisory expenses, and increases workers confidence hence efficiency of the organization. References Hitt, M. A., Colella, A., & Miller, C. C. (2006). Organizational Behavior, 3rd Edition.

Willey and Sons Kossek, E. E. & Lambert, S. J., (2005). Work and Life Integration: Organizational, Cultural, and Individual Perspectives. Mahwah, NJ: Lawrence Erlbaum Associates Makin, P. & Cox, C., (2004). Changing Behaviour at Work: A Practical Guide. New York: Routledge

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Organizational Business Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Organizational Business Essay Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/management/1480010-organizational-business
(Organizational Business Essay Example | Topics and Well Written Essays - 750 Words)
Organizational Business Essay Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/management/1480010-organizational-business.
“Organizational Business Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/management/1480010-organizational-business.
  • Cited: 0 times

CHECK THESE SAMPLES OF Organizational Business

A Reflection and Evaluation to Personal and Organizational Business Ethics

Also taken into great consideration are the effects of the business activities to the public constituents.... This matter would be called as business ethics.... The definition of business ethics varies greatly, but it is perhaps best described by Velazquez as “a specialized study of moral right and wrong.... It concentrates on moral standards as they apply to business policies, institutions and behavior”.... If being given the mantle of leadership the head manager of a corporate organization, how would I set the standards, vision, mission and methods needed to develop a business entity that is fair, just, and balanced between profit and principles, and also maintaining integrity?...
6 Pages (1500 words) Research Paper

Organizational Business Analysis

Date Organizational Business Leadership comes with many responsibilities all of which requires trust and credibility to the people one lead.... The most important aspect of leadership is the fact that they are geared towards achieving certain goals and objectives thus the need to work as a team....
6 Pages (1500 words) Assignment

The Model to Govern and Regulate the Gatekeepers

Question 2: The incentives framework that rentier-state theory introduced in Kuwait and how it impacted the business environment The rentier-state theory introduced a political autonomy framework of incentives in Kuwait, allowing the country to be able to discharge its internal affairs without being overly influenced by external and foreign forces, regarding the internal matters of governance and administration (Al-Zumai, 7)....
6 Pages (1500 words) Essay

Investment Decisions With Firm Strategy: Management Accounting

Such a method can provide deep information on the wastes that the organization might be incurred in the form of cost of those activities that do not contribute to the business effectively.... The balanced scorecard determines key performance indicators of processes of an organization with respect to four major determinants contributing to the vision and strategy of the organization – Financials, Customers, Internal business Processes and Learning and Growth....
7 Pages (1750 words) Literature review

W3Q-Executing and implementing project portfolio management

Rouse (2013) defines project portfolio management as “a strategic prioritization methodology employed to analyze and manage current or proposed projects within an organization”....
2 Pages (500 words) Assignment

Strategic Integration of Human Resources Management at PepsiCo

hellip; The core frontline human resources that are responsible for the organization's business continues to follow and benefit from HR strategies, practices and procedures irrespective of their interests and commitment.... Hence, many organizations strive to incorporate business strategy into HRM thereby giving it strategic importance and perspective, especially from industrial relations and organizational behavior facets.... The main strategy that integrates its human resources worldwide with its business strategy involves its values and codes of conduct....
4 Pages (1000 words) Case Study

Performance management framework of Limo Services in Austin, TX Company

To ensure effectiveness of the business strategy, the performance management framework contains detailed Performance Management Framework for Limo Services In Austin, TX Company Alignment of the Performance Management Framework to the Organizational Business StrategyOrganizational business strategy of Limo Services, TX Company is to become the leader in the limo transport industry.... To ensure effectiveness of the business strategy, the performance management framework contains detailed procedures for employee assessment and analysis during recruitment, orientation, training and education of employees, comprehensive methods of measuring performances of employees and effective process of communication performance feedback to employees to ensure that everyone has knowledge about achievements and remaining areas of improvements in the business strategy....
2 Pages (500 words) Assignment

Strategic Planning

trategic management is a crucial part of Organizational Business strategies.... For any organization to successfully survive in a competitive business environment, it has to gather the right information so that the organization can have a competitive advantage to compete against its competitors.... ame business model, different strategyBusiness models offer a description of how an organization structure is set to maximize the profits.... On the other hand, business strategy is used to give a description of how organization engages its competitors....
1 Pages (250 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us