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Management Research Methods - Essay Example

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Therefore, the individuals involved in management are required to possess strong management skills that will ensure a conducive environment in the…
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Management Research Methods
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Download file to see previous pages Nonetheless, different problems in management continue to be subjected to research, even as more amicable ways of preventing and solving them are developed. This paper discusses employee turnover as a major management research problem, as identified from an online news article, and presents a solution to this problem using the qualitative research method approach.
Most companies today continue to grapple with the problem of high employee turnover. Employee turnover refers to the proportion of employees that leave an organization in a given period. Most of the employees leave their organizations through resignation. This has a negative impact on any organization; hence the management of all organizations have one of their goals as reducing employee turnover. In the year 2014, employee turnover has been identified as a major problem to organizations and management. An article published in the HSBC’s business news section provides evidence to show that employers in 2014 face high employee turnover. The findings of a study conducted by the Institute of Leadership and Management (ILM) in April 2014 in the UK showed that a fifth of employees plan to quit their job this year. There were different reasons that influenced the employees’ decision to quit their jobs. Of the 10001 employees that were interviewed, 16 percent wanted to quit because they felt undervalued; 31 percent wanted to find an organization that provided them work-life balance; 28 percent wanted to find an organization that would provide for employee development, while 11 percent desired an organization that would motivate them to perform to their best (HSBC 2014). This therefore, is considered to pose a problem to management, hence calling for appropriate strategies to address it.
In order to find strategies to address the problem of high employee turnover, it would be appropriate to conduct a research on this problem. Through the research, it will be ...Download file to see next pagesRead More
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