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

Jameson Holdings Management - Case Study Example

Summary
The paper 'Jameson Holdings Management" is a good example of a management case study. This paper examines how a construction company can manage its human resources with the aim of maximizing the future company-wide benefit from these resources. There will be real benefits to a company if it can ensure that its employees or team member are working efficiently…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92% of users find it useful

Extract of sample "Jameson Holdings Management"

JAMESON HOLDINGS ***Please have look at my work send me your feedback.. I will complete everything today** Submitted by: Lecturer Class Day and Time:________________ Due Date:_________________________ Computer Word Count:______________ Table of Contents Executive Summary List of Recommendations ***will be done today after finishing the recommendations section*** 1. INTRODUCTION This paper examines how a construction company can manage its human resources with the aim of maximizing future company-wide benefit from these resources. There will be real benefits to a company if it can ensure that its employees or team member are working efficiently. However, the larger and diverse the company is the more difficult this objective to realize. A review of current practices with the selected case study identified shortcomings in the extent and success of human resources management and control. Based on this case study review, and drawing on current understanding of management literature, a general strategy was proposed for the initial and on-going development of a management system for human assets. A key conclusion from this research is that it is the management is responsible to identify key management requirements particularly control design consideration for employees. 2. BACKGROUND INFORMATION Control theory provides some understanding regarding acquisition of organization effectiveness which seems connected to control processes that generates uniformity and coordinated effort behind the pursuit of common goals (Miner, 2006). The ability of management to attract, retain and develop employer is a key feature of successful organizations since people are the most valued asset particularly in labor-intensive industry such as construction (Loosemore et al. 2003). However, poor management can lead to limited organization growth that would threaten the viability of a business. People’s behavior is the most common crisis in the construction sector as there are considerable of number of players; architect, designers , main contractor and dozens of subcontractors and material suppliers. All these parties are involved in managing information and material flows thus coordination with these players is vital (Vink et al., 1998). People according to Hollway (1991), gradually adapt or adjust to most work conditions although some of them underutilize their talents considerably (p.163). From the management view, this type of employee behavior leads to better control of work procedures and enable close monitoring of work outcomes. However, in case employees failed to adapt, management would try and change the behavior of their employees through motivational devices which oftentimes left workers with little personal control over their work (p.163). Consequently, many organizations changed their management style and adapted a more decentralized control system that relies on employees’ cultural values, tradition, common beliefs, and trust (Samson & Daft 2009). In other words, decentralization gives lower level staff greater responsibility which allows them to exercise greater power over their work and performance. An organization form relies on “functional processes, extensive delayering, and empowerment” (Child & McGrath 2001, p.137) However, although the idea of self-management in a decentralized organization sounds challenging for employees, it is accompanied by processes that ensure employees selected are having the behavioral norms and ethical standards required (Hales, 2001). 3. KEY PLAYERS AND THEIR ROLES **today…. Just making up the roles** 4. KEY ISSUES One noticeable problem with the company was that, although there were some form employee management control systems exist, there was evidence that these were not functioning as ideally intended and further improvement is undoubtedly necessary. Such example examples include the commonly found repeating or delayed design works and late reporting of project status. In addition, engineering staff are often caught unprepared in weekly project meetings and reluctant to take risky decisions on matters that can obviously improve critical areas of the project. Another problem was the lack of effective internal formal communication between higher management and seemingly impassive field staff that oftentimes result to wasteful revisions and costly modifications. A careful analysis of the situation reveals that problems are generally arising from the company’s existing organizational culture and managers own beliefs about control. In other words, the organization’s ‘unrealized’ bureaucratic type of management is directly affecting the project’s quality and the business in general. According to Samson & Daft (2009), a management’s bureaucratic control enhances organization efficiency by influencing employee behavior through strict implementation of rules, policies, and other formal mechanisms (p.719-720). However, since not all of them were functioning as they are supposed to, managerial control in this organization seems to decentralize itself inadvertently. Decentralized control can also help foster compliance without the need for stringent rules and procedures since employees will have the motivation required to attain company goals if power in the organization is more dispersed and based on knowledge and experiences (Samson & Daft, 2009). However, because management is not aware of the shift in the type of managerial control, they cannot act accordingly. 5. RECOMMENDATIONS The real value of human intelligence according to Thomas (2002) becomes evident when there is negative feedback or when something is not working (p.34). In other words, people tend to investigate only after when things went wrong and we come to understand that it is more complicated than we ever imagined. Managerial control is something by definition is actions a manager takes to ensure that his people’s performance conforms to the plan. It involves assessment, feedback, and sometimes expansion of control (Miner, 2006). The level of managerial control has significant implications for relationship and a means to reduce conflict (Coward 1980) thus managers should take into account the need to secure the allegiances of their people in order to establish a form of control (Vallas, 1993). Similarly, neglecting the needs of employees may have a negative effect on the ability of the institution to perform effectively as a whole (Emmitt & Yeomans, 2008). As in the case study, managerial control is a clear failure because it does not encourage positive employee behavior, coordination, and effective communication. According to Baecker (), one of the most important aspect of work life in socialist studies is the issue of control (p.260). For instance, it is important to know who controls and organized the work and how workers with different skills are motivated to cooperate and communicate. Motivation is important because according to Di Norcia & Tigner (2000), business practices are filled with different motives that involve ethical values found in other common social practices (p.3). Similarly, there are also issues of managerial control where managers are expected to be in control of their employees and have a hand in all aspect of the organization’s activities (Baecker 19955). Leading and managing is both important to the organization as they promote stability, problem resolution, and order within an organizational structure. However, leadership or the capability to lead is a personal attribute and can be influenced by vested interests, values, and orientation. For this reason, depending on the quality of leadership, it may or may not encourage vision, creativity, and progress in the organization (Samson & Daft, 2009). Managers with quality leadership and effective management skills are typically concern in their relationship with employees and the future direction of the company. Consequently, they are always in touch, communicating and listening, and keeping all channels open during times of crisis, uncertainties, and organizational turbulence (Samson & Daft, 2009). Jameson Holdings’ management should consider at least one philosophy in corporate culture and not to remain ignorant of the obvious negative behaviors of their employees and staff. They should realize that their efforts cannot be successful without considering the deeper cultures that underlay people’s practices at work (Bate, 2000). In addition, employees can perform well and oftentimes, it is the leadership that makes them does so (Druskat & Dahal, 2005). Since they cannot survive without one, they should choose between bureaucratic and decentralized managerial control and persistently pursue their objectives. The following recommendations may help Jameson’s management as they rectify their organizational deficiencies. Since Jameson Holdings generally manage knowledge-based workforce, they must consider several effective leadership practices. Based on the recommendation of Bassi and McMurrer (2005), managers and executives must be inclusive and should be involved in effective communication. They should possess exceptional supervisory and leadership skills and capable of identifying which of their employees are potential leaders. They should be committed to their employees and always make thoughtful decisions particularly between workloads and job efficiency. Adapt and implement systems that identifies and retain good performers and determine key drivers of productive work and satisfaction. More importantly, particularly in the case of Jameson Holdings, adapt processes that help get work done and held employees accountable for their actions and quality of work. An ideal manager who could effectively do these changes is someone who possesses transformational leadership qualities that includes being assertive, active, warm, generous, cooperative, trusting, and with emotional stability (De Hoog et al., 2005). 6. CONCLUSION ***will be done today 7. REFERENCE LIST *** at least 18 of you references will be included here…others are from google book which you can also access and read… trying my best…thanks** Bassi, L. and McMurrer, D. (2005). Developing measurement systems for managing in the knowledge era Organizational Dynamics, 34 (2), 185-196. Baecker R.M. (1995). Readings in human-computer interaction: toward the year 2000. US: Morgan Kaufmann Bate, P. (2000). Changing the culture of a hospital : from hierarchy to networked community Public Administration, 78 (3), 485-512. Child, J. and McGrath, R. G. (2001). Organizations unfettered: organizational form in an information-intensive economy Academy of Management Journal, 44 (6), 1135-1148. Coward W. E. (1980). Irrigation and agricultural development in Asia: perspectives from the social sciences, UK: Cornell University Press De Hoogh, A. H. B. ; Den Hartog, D. N. and Koopman, P. L. (2005). Linking the big five factors of personality to charismatic and transactional leadership: Perceived dynamic work environment as a moderator Journal of Organizational Behavior, 26 (7), 839-865. Di Norcia, V. D. and Tigner, J. (2000). Mixed motives and ethical decisions in business Journal of Business Ethics, 25 (1), 1-13. Druskat, V. U. and Wheeler, J. V. (2004). How to lead a self-managing team MIT Sloan Management Review, 45 (4), 65-71. Emmit S. & Yeomans D. T. (2008). Specifying Buildings: A Design Management Perspective. Hungary: Butterworth-Heinemann Hales C. (2001). Managing through organisation: the management process, forms of organization, and the work of managers. Singapore: Cengage Learning EMEA Hollway W. (1991). Work Psychology and Organizational Behaviour: Managing the individual at work. UK: SAGE Loosemore M., Dainty A., & Lingard H. (2003). Human resource management in construction projects: strategic and operational approaches. Taylor & Francis Miner J.B. (2006). Organizational Behavior, US: M.E. Sharpe Samson, D. & Daft, R. (2009) Management. (Third Asia Pacific edition), South Melbourne: Cengage Learning. Thomas K. W. (2002). Intrinsic motivation at work: building energy & commitment. US: Berrett-Koehler Publishers Vallas S. P. (1993). Power in the workplace: the politics of production at A.T.&T. US: Suny Press Vink P., Koningsveld A., & Dhondt S. (1998). Human factors in organizational design and management-VI: proceedings of the Sixth International Symposium on Human Factors in Organizational Design and Management held in The Hague, The Netherlands, August 19-22, 1998, Human Factors in Organizational Design and Management, Vol 6. UK: Elsevier Read More

CHECK THESE SAMPLES OF Jameson Holdings Management

Can Sears Holdings Latest Strategy Allow the Corporation to Become a Competitor in Retail Once Again

Sears holdings has been on extremely difficult ground especially since the merger with department store Kmart in 2004.... Can Sears holdings Latest Strategy Allow the Corporation to Become a Competitor in Retail Once Again?... Sears holdings has recently acquired a new chief merchandising officer, Ron Boire, who has previously been responsible for the success of Brookstone while also being utilized at Best Buy and Toy R Us.... ith Sears being such a household name for so many years it is possible that with diversification and new market development along with the maintaining of current customers through the use of reward programs and targeted marketing that Sears holdings can compete with the larger chain retail stores....
15 Pages (3750 words) Essay

Strategic Management Plan for Sear's Holding Company

Strategic management refers to the procedure of developing an appropriate plan with due consideration to the short-term as well as the long-term purposes and aims of the organization.... Therefore, with the aim to avoid such insufficiency of funds, the company is required to set an appropriate strategic management plan which would assist the company to a significant extent to overcome its serious financial crunch by bringing in fresh funds (Laing, 2011).... The fresh strategic management plan for the company should entail few considerable alterations in its stores by getting rid of the entire soft-line inventories for the reason of enhancing the sales....
3 Pages (750 words) Term Paper

Personal Finance - Phillip and Belinda Jameson

Superannuation, debt reduction, asset accumulation, and risk management would be important in this stage.... The paper "Personal Finance - Phillip and Belinda jameson" states that the strategy to invest in the education of the two children will see Philip and Belinda invest $50,632.... Phillip and Belinda jameson are in dire need of a financial plan, particularly after the death of Belinda's mother who had left her home to Belinda.... As a planner, I will ensure that the advice given to the jameson family is suitable to the financial circumstances, and situation of the family, and that the financial plan will match their level of financial literacy....
7 Pages (1750 words) Essay

Global Supply Chain Managment

According to Atul, the characteristics pertaining to the entrepreneurial environment are moulded by the processes of management at the local level.... s per Vivek, the managerial-interest hypothesis is constant and consistent, and has no relationship with purchase price and exposed risk; therefore the risk management is avoidable from supply chain perspective.... Both the articles have agreed that upon the fact that the supply chain management shall be protective of share holder's stake, and the wealth of the shareholder can be increased through alliances that diversify earnings....
4 Pages (1000 words) Essay

Operating and Financial Decision Making

The matter relates to the Inventory costs relating to Cameron Balloons Ltd, a 100% owned subsidiary company of Cameron holdings Ltd.... There are certain aspects characteristic, of Cameron Balloons relating to their inventory holdings: ... The effects of carrying costs are an important determinant for profitability and the use of revenue in large companies....
9 Pages (2250 words) Essay

Reduction of Assets Value by Way of Impairment

In any accounting period assets are susceptible to impairment (decline) of their value and this may be caused by several factors such as poor management, new competition, and technological innovations.... Assets impairment today is being used by many companies primarily to provide investors with a way to evaluate corporate management as well as decision making track record (Nikolai, Bazley & Jones P,2009, pp....
12 Pages (3000 words) Research Paper

Financial Analysis of Meyers Holdings and Harvey Norman Holdings

Potential investors, current shareholders, as well as the management of a company, use a number of methods to evaluate the company's performance in order to make future investment and /or managerial decisions.... Potential investors, current shareholders, as well as the management of a company, use a number of methods to evaluate the company's performance in order to make future investment and /or managerial decisions.... Potential investors, current shareholders, as well as the management of a company, use a number of methods to evaluate the company's performance in order to make future investment and /or managerial decisions....
10 Pages (2500 words) Case Study

Financial Performance and Auditing - Waterco Limited and Saferoads Holdings Limited

management of the firm is made of a board of management which consists of the chairman who is the CEO, supported by some directors, as well as other professionals from the fields of accounting, marketing with a wide range of expertise with proven operational, technical, commercial and financial skills and experience in the field.... The paper "Financial Performance and Auditing - Waterco Limited and Saferoads holdings Limited" is a perfect example of a finance and accounting case study....
10 Pages (2500 words) Case Study
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