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The Most Important Factors Of Transforming Gateshead Holdings - Essay Example

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Kaizen is a technique of continuous incremental improvement which was made popular by Japanese entrepreneurs. The paper "The Most Important Factors Of Transforming Gateshead Holdings" discusses the operations of the company and some of the aspects which point towards the success of the management…
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The Most Important Factors Of Transforming Gateshead Holdings
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Download file to see previous pages The workers were sorted into teams and assigned responsibilities accordingly. Workers were also offered rewards for putting in best efforts towards fulfilling their responsibilities. This helped in motivating the staff, a critical component in today's business context. Motives help in providing a reason for the staff to act in a more efficient manner. On the other hand lack of motivation can actually result in distorting the working environment.
The five elements of 5S included Sort, Set, Shine, Standardize and Sustain. Once the workforce realizes that the management is indeed quite serious about sustaining the business the long term, they too start connecting their future with the efficient functioning of the company. During the years prior to 1999, no positive motivation was in sight for the workers. The lack of any positive motivation by the managers often results in automatic provisioning of negative motivation. But the 5S adopted by management helped in changing this attitude.
From the year 1995 to 1998 the staff turnover ratio is consistently on an increase. Workers appear to have given up and considering it a sinking ship the workers getting opportunities elsewhere thought it fit to leave at the first available opportunity. This is reflected in the incremental percentage of staff turnover. This leads to an increase in costs as once a set of trained staff leaves, a new process for recruiting is required to be taken up. The new incumbents take some time to familiarise themselves with the work and working environment. This affects the production levels and efficiency of the respective departments.
In 1999, it appears in the initial months, the percentage of staff turnover had been on the rise, but after the motivation thoughts and positive signals sent in by Geoff, this trend stopped. ...Download file to see next pagesRead More
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