Many of them consider new opportunities for self-development, while others are trying to fight with the constantly growing workloads. The current paper provides a brief overview of the job satisfaction topic…
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Organization “Y” is a small company with 15 employees working in the financial sector and providing financial services to organizations, businesses, and individual customers. The company was established in 1999 and since then has been gradually expanding its presence in the financial services market. The organization constantly increases the range of available financial services and provides its financial advisors with additional workplace opportunities. The company seeks to increase job satisfaction among its employees and considers job satisfaction as the critical component of its business success.
The topic of job satisfaction is not new. In the current system of organization studies, job satisfaction occupies one of the central positions. Job satisfaction is defined as “feelings or affective responses to facets of the situation” (Fichter & Cipolla, 2010). Here, facets of the situation imply the workplace situation and environment in which employees are bound to perform, while feelings and affective responses may vary from the quality of workplace performance to the emotional and cognitive balance that result of the workplace pressures and overloads. The “facets” of job imply intrinsic and extrinsic features of particular jobs and the extent to which they influence the level of job satisfaction across various professions.
Since the end of 2006, the organization adopted a new strategy, aimed to expand its market presence, to change its approaches to brand management, and to attract new customers. The strategy has become the determining feature of the organization’s success, and more and more customers came to develop cooperative relations with the professional financial advisors working for the company. Since that time, however, the company management noticed that financial advisors displayed lower motivation to work and did not always cope with their basic workplace obligations. Work absenteeism rose dramatically,
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Project management is ‘a dynamic process that utilises the appropriate resources of the organisation in a controlled and structured manner to achieve some clearly defined objectives identified as strategic needs’ (Young, 2010, p. 15). The challenge facing all project managers is that all projects are conducted with a corresponding set of constraints (Young, 2010).
PERT technique allows a complete project to be divided into its individual tasks and the time durations that these activities need such that the estimation of the completion of the total project can be done. The technique enables the determination of the earliest times when an individual task may be started and hence determines the critical path or the longest path of the project.
On the other hand, the given structure in this scenario has different dynamics as discussed below. How this structure should work Ideally, project should be led by project director, followed by project manager in hierarchy. A project steering committee shall be formed, chaired by project director himself, comprising heads of different functional departments.
It provides the path through which the firm goes about achieving its mission, either in the short term or long term. Through this process of strategic management, the organization is moved from its present position to a future strategic position with the aim of securing a sustainable competitive advantage (Kerzner, 2013).
Proper management is required in order to increase the productivity thus the following terms of project management must be understood: Design Capacity When a product or project is designed the maximum capacity at which it can work or the output it would provide is assessed thus it is the maximum obtainable output under ideal conditions.
Efficiency 4 3.7. Project Management Plan 5 3.8. Elements in a project 6 4.0. Conclusion 8 5.0. Recommendations 8 6.0. References 9 1.0. Executive Summary In this paper, there are set of questions that I am set to set to answer in compliance to a course that I am enrolled in.
The new project has also looked into past projects similar to it and has compared the time and cost estimates as well as analyzed the reflected differences. The allocated time frame is appropriate for the new project.
In this event our main task is to manage the activities of installation of an artificial ice rink. In this project we also need to manage and organize a concert. In this scenario we will manage and plan this overall project activity regarding ice rinks installation
It is equally fundamental to note that the determination of energy needs is dependent on the size of the population that uses electricity, relic fuels and related causes. As evident in the research process and results, individuals
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