This case study talks about the high turnover rate in a General Motors company since the rate is injuries, as it results in loss of productivity and essential skills that have been developed by the company. The reports say employees are not motivated, and thus, there is a lack of job satisfaction…
Download full paperFile format: .doc, available for editing
Download file to see previous pages
The case study "General Motors: Solving the High Turnover Challenge" talks about the high turnover rate in a General Motors company since the rate is injuries, as it results in loss of productivity and essential skills that have been developed by the company. The reports say employees are not motivated, and thus, there is a lack of job satisfaction.It is important to evaluate how they are beneficial to the company and how they adversely affect employees. Diversity can both harm and make a company depending on how it is handled. Because the existence of different subcultures in divisions is helpful in guiding a more goal-oriented performance in such departments, with a cumulative effect on the overall goal, I recommend stationing of new employees in specific departments for a longer period before any rotation is effected. Such an approach will help ease the confusion that arises with the arrival of new employees due to frequent rotations. Further, I advise and recommend for little-compromised cultures, which do not vary greatly to the extent of causing confusion and conflict within the General Motors set up. I recommend that the overall General Motors culture is considered in every division as being supreme and that the divisional cultures be consistent with the overall organizational culture. Such a setup is necessary to create coherence among the divisions and a shared culture toward achieving organizational goals. Periodic reviews of the divisional cultures are instrumental in crafting all-encompassing value.
...Download file to see next pagesRead More
Cite this document
(“General Motors: Solving the High Turnover Challenge Case Study”, n.d.)
General Motors: Solving the High Turnover Challenge Case Study. Retrieved from https://studentshare.org/management/1702230-general-motors-solving-the-high-turnover-challenge
(General Motors: Solving the High Turnover Challenge Case Study)
General Motors: Solving the High Turnover Challenge Case Study. https://studentshare.org/management/1702230-general-motors-solving-the-high-turnover-challenge.
“General Motors: Solving the High Turnover Challenge Case Study”, n.d. https://studentshare.org/management/1702230-general-motors-solving-the-high-turnover-challenge.
Each of the approaches has shown significant weaknesses on the side of the aforementioned company, especially when it comes to its financial standing. As the company loses much money, it may not be able to train the semiskilled and unskilled people of the developing nation.
Stiff competition that is experienced by local and international firms calls for adequate measures to maintain the productivity of the employees and reduce labor turnover that has affected the profitability of some companies. One of the notable strategies of enhancing the performance of the employees is through motivation
The UAW has made, and continues to make, substantial concessions in regards to their rate of pay in an effort to compromise with management and contain costs during this period of economic uncertainty. Recent actions at GM have been responsible for additional savings, and they would like to get their labor costs down into the $50 range, only marginally higher than the $49 paid by Toyota and Honda, which are widely believed to be the gold standard for autoworker compensation packages.
automakers, are having their problems as well. With gasoline prices at an all-time high, auto manufacturers are hard-pressed to curb their losses.
Over the past ten years GM has lost almost half its value, and the past year has been especially dismal for the company.
Canada is another big centre of its facilities where GM operates through 20 locations. It is headquartered in Detroit, Michigan and employs about 335,000 people. The brands include Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Hummer, Opel, Pontiac, Saab, Saturn and Vauxhall.
The automobile industry was always competitive. Moreover the globalization and other global happenings necessitated the companies to think beyond the traditional way of doing business. The change in overall structure of the organization based on the market structure can give better result.
While others improve their operations by reducing the cost to offer more competitive prices. Meanwhile, other players concentrate on improving their product lines and differentiating their offerings. However, it is notable that these changes in strategies are mainly mechanisms to cope with the fast-paced environment of the industry players.
Born in Detroit Michigan in 1910 General engines has delivered a steady of vehicles, for example, Chevrolet, Pontiac Cadillac, and Buick which have ended up family unit names in the U.s. As being what is indicated, the General Motors Brand is decently established in America as well as all through the world.
GM Motors manufactures and distributes a number of brands ranging from Chevrolet to Cadillac. Besides, the company conducts business with commercial fleet customers, governments, and leasing companies where it offers its
The analysis carried out in the study is to identify several factors. The factors include key factors analysis, key successful factors of the company, financial factors, quantitative and qualitative analysis based on objectives and
3 Pages(750 words)Case Study
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Save Your Time for More Important Things
Let us write or edit the case study on your topic
"General Motors: Solving the High Turnover Challenge"
with a personal 20% discount.