5-1 MBA 530 GROW Model Template
.docx
keyboard_arrow_up
School
Southern New Hampshire University *
*We aren’t endorsed by this school
Course
530
Subject
Business
Date
Feb 20, 2024
Type
docx
Pages
6
Uploaded by MateTurtleMaster3921
MBA 530 GROW Model Template
Name: Nick Roy
Date: 7/16/2023 7:36 PM; 8/6/2023 Updated
Identified Trends
1.
Training and Development: “My Supervisor talks with me to help me determine my training and development goals.” The data here are already low and trending downward over the last four years.
2.
Working Conditions: There is a lack of trust for management because employees feel management is acting unethically. 3.
Recognition and Praise: “I feel encouraged to come up with new and better ways of doing things” and “My work gives me a sense of personal accomplishment” are
two areas seeing downward trends over the last four years. This signifies that leaders are not communicating job performance to their employees. Employee Survey Results Data
0
50
100
150
200
250
300
Employee Survey Results
Series1
Series2
Series3
Focus Areas
1.
Working Conditions: One of the key responsibilities is to ensure that all employees have a safe work environment. Unfortunately, there are times when companies neglect to update their working conditions, putting their employees at great risk. This poses a danger to both the employees and the entire organization. Poor safety conditions can cause accidents and injuries to associates, which can be a nightmare for company management and can also tarnish the company's reputation in the market.
2.
Recognition and Praise: Recognizing employees’ hard work and dedication is a powerful motivator that lifts their morale and drives their performance. Employees who feel appreciated are more likely to stay motivated and engaged and are more likely to work hard. This, in turn, leads to increased productivity and
improved work quality. A well-deserving employee will always appreciate their work being recognized, which leads to more excellent performance and inspires others to follow suit.
3.
Training and Development: When it comes to running a business, every CEO or small business owner knows that employees are one of the most valuable assets. There always seems to be a disconnect between what the company seems to be providing and what the employees perceive to be receiving. Providing your employees with the necessary support and training can make a significant difference in their performance and productivity. This employer says that they care about their employees, then this area should be one of the primary responsibilities for making sure their employees are trained and prepared for their specific roles and responsibilities. Employees are feeling that they are not being sufficiently trained to their jobs to the best of their abilities. Managers taking the time to teach their employees to do their job correctly can lead to improved job satisfaction scores. Reality—Current State
1.
Working Conditions: The overall survey stated that the current working conditions are actually very clean and safe. Employees feel the leadership team is unethical leading to a lack of trust with management. Most of the staff members felt that they could not trust their supervisor or do not feel supported within their job roles. Employees do not feel they can make suggestions or file a complaint without fear of retaliation. If working conditions continue to get worse employees
can be hurt on the job that can cause downtime and expensive insurance expenses for the employee and employer.
2.
Recognition and Praise: According to the survey data, even though the employees
feel that they have the clearly defined quality goals to reach and the tools and resources to do their job, they don't feel they any sense of personal accomplishment because of the lack of communication between the managers and
employees. Employees say that their supervisors do not show any appreciation for
the work that they do. 3.
Training and Development: Proper training needs to be implemented within the company. Employees are feeling left out of their work development plan by the leadership team. The managers are not guiding employees with the correct training or future development goals. Employees do not feel they have been properly trained within their current job duties. Without proper training employees cannot feel job satisfaction. Job satisfaction was a large area that can be approved upon with proper guidance and training. Teaching associates how to do their job correctly will increase production, lower the risk of injury, and create a more positive employee outlook.
Desired Future State—Where Would You Like to Be?
1.
Working Conditions: One way of fostering better communication is to implement employee suggestion programs. By providing a mechanism for staff to express their ideas and feedback, business leaders can receive constructive input and enhance decision-making. Furthermore, when employees have a voice, feel heard,
and are supported in their endeavors, they are more likely to provide the company
with loyalty, dedication, and enthusiasm that translates into better performance and more satisfied clients.
2.
Recognition and Praise: Recognizing employees’ hard work and dedication is a powerful motivator that lifts their morale and drives their performance. Employees who feel appreciated are more likely to stay motivated and engaged and are more likely to work hard. This, in turn, leads to increased productivity and
improved work quality. A well-deserving employee will always appreciate their work being recognized, which leads to more excellent performance and inspires others to follow suit.
Recognizing employees is not just about reminding them that they are appreciated, it's a way to inspire creativity and foster continued growth. When employees are praised for their contributions, they feel more confident and are more likely to take risks and try new things. This encourages innovation and helps
in generating new ideas, which is essential for a company’s growth and success.
Recognizing employees’ hard work and contributions is a small thing that can have a big impact. It can lead to improved employee satisfaction scores, but also employees will want to talk more positively about working here, leading to an increase in recruiting more qualified employees.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
SWOT Analysis
The following SWOT analysis captures the key strengths and weaknesses within the company, and describes the opportunities and threats facing Bounce Fitness.
Strengths are results-oriented approach to attracting and maintaining customers. A well researched, detailed health wellness program with along term focus and Intensively trained staff.
Weaknesses are high costs associated with customized, personal service. The inability to work on a high volume business model and Significant costs involved in attracting a large corporate client.
Opportunities are the potential to expand within a growing market. A large increase in clients if a single corporate company takes up the Bounce Fitness Program and the ability to leverage future quantitative analysis that supports the contention that long term wellness programs have a significant, positive impact on the company’s bottom line.
Threats are a lack of immunity to an economic downturn. Potential competition from larger, well…
arrow_forward
QuestionAfter the analysis of your company Amazon , please write the following sections in report form:
1.Decision making process
arrow_forward
Explain and interpret the following data of team 1 and 2. 1. explain two problems of team 1 and 2 each. 2. suuggest one reasonable soution for each team.
arrow_forward
Management Information Systems.
arrow_forward
Q1. What are the types of SWOT Analysis that the firm can perform? Explain what this analysis means, and the stages involved in detail?
Q2. Write a case study "example" of a firm or company performing SWOT analysis and what are the processes could be performed in each stage of this analysis?
arrow_forward
Recommendations on what wells fargo could have done different during the 2016 scandal and recommendations so it doesnt happen again
arrow_forward
Research topic - What is the future of strategic managemnt planning and managemnt personnel in a business environment? A technological and critical approach to future prospects of strategic planning and management in business outsourcing. Based on strategic management.
Identify a suitable theory that is related to your research topic. Ensure that you capture the essence of the theory and that you provide a justification for the relevance of the theory to your proposedstudy.
Note this is not an essay.
arrow_forward
Research topic- What is the future of strategic managemnt planning and managemnt personnel in a business environment? A technological and critical approach to future prospects of strategic planning and management in business outsourcing. Based on strategic management.
Identify a suitable theory that is related to your research topic. Ensure that you capture the essenceof the theory and that you provide a justification for the relevance of the theory to your proposedstudy.
Note this is not an essay.
arrow_forward
2. Describe the strength or weakness in conducting the quantitative study by accomplishing the T-diagram below.
3. Seek advice/suggestions from family members/friends to make quantitative become easy. Please be guided by the table below.
arrow_forward
Subject: principal of Management
arrow_forward
QuestionAfter the analysis of your company Apple Inc , please write the following sections in report form:
1. Decision making process
arrow_forward
Ethical dilemma problem 1: Joni is a financial planner for ABC firm. She provided all of her clients with the same products. She felt this was OK since she had thoroughly researched them years ago and found them to be excellent. By concentrating her recommendations with a few firms, she was able to receive commission bonuses. She never discussed their goals and characteristics with her clients unless they brought them up. Explain her violations of SEC and CFP regulations. Indicate what should be done.
arrow_forward
Speculate on Square’s future. What current and future trends may further shape the company?
arrow_forward
b. I n what multifaceted ways can the implementation of Management by Objectives (MBO) serve as a robust mechanism to not only establish and monitor organizational goals but also mitigate the risk of goal displacement, ensuring alignment with the overarching strategic vision and sustained performance excellence?
arrow_forward
What is the Market Share of Company A? The industry has 3 competitors with the following sales: A=$100, B=$60, C=$40
Seleccione una:
a.Cannot be determined
b.2
c.1
d.0.5
e.0.1
arrow_forward
Q1. What is the underlying problem in this case from the perspective of Forever 21’s customers and creditors? Q2. Why do you think Forever 21 ended up in this situation?Q3. Did Forever 21 operate more from a principle of efficiency or effectiveness? Explain your rationale. Q4. Which of the three skills that exceptional managers need did the Changs most lack? Explain your answer.Q5. What would you have done differently if you had been a senior executive at Forever 21?
arrow_forward
After reading the above case study identify the major issues that Eskom is currently faced with which are the hindrance for them to meet their main objective with their talent management strategy.
arrow_forward
write an essay about which one of the statements you agree or disagree with regarding tomarket efficiency
Manager A: “Shareholders will never know our capital budgeting decisions.”
Manager B: “We cannot fool shareholders and the market. The market and shareholders will punish the company if bad capital budgeting decisions are made
arrow_forward
CASE STUDY
"It is the time for Gegar Ltd. to Improve"
This year is a year full of surprises. Gegar Ltd. has reached its highest sales with an increase of 20% compared to last year. The owner started to make a few changes to align with future needs in terms of manpower requirements and improvement in the current practices. Bob Alan, the owner uses zero-based forecasting approach for manpower planning. Last three months, Bob Alan identified that there was a need to hire one more staff at purchasing unit. 2 weeks after that, when Bob Alan was in the office, he happened to entertain two customers who came to buy cars. During their conversation, Bob Alan had mentioned the job vacancy, and one of them was interested and submitted his Curriculum Vitae (CV) to him.
The candidate, John, is now in his third month as Purchasing Assistant Manager here.
Previously he was the Assistant Manager at Sekoplas, a manufacturing company. On his first day at Gegar Ltd., Human Resource (HR) officer had…
arrow_forward
Q24
arrow_forward
2. Case Studies
2.1. Business Strategies: Why dis Kodak Fail? What happened to a great company?
Do some research on competitive forces and driving forces that are at work or relevant to the mentioned
companies/industry Draw five-forces diagram and briefly discuss the nature and strength of each of the
competitive forces. Make a list of the driving forces in the industry and draw some conclusions about
whether the likely impact of these driving forces on these companies were favorable or unfavorable.
Give your insights.
arrow_forward
I apologize for a long post, but I had to ensure all the information is here. The scenario's primary question is at the very bottom:
You are an assistant manager at the Best Bean Coffee Shop. The manager liked the work you conducted for the purchase of the new coffee machine so much that you were selected, again, to conduct another analysis and provide your recommendation. Currently the coffee shop is fully staffed and open 6 days a week from 05:00 – 21:00 (Monday-Saturday), running three shifts as identified in the table.
Morning (05:00 – 11:00)
Afternoon (11:00 – 17:00)
Evening (17:00 – 21:00)
2 each Cashiers
2 each Cashiers
1 each Cashier
5 each Baristas
5 each Baristas
2 each Barista
1 each Assistant Manager
1 each Assistant Manager
1 each Assistant Manager
The following table provides the current Costs/Revenues for the coffee shop.
Cost/Revenues Table
Shift
Position
N0
Wage / Hr
Hrs / Shft
Days / Wk
Wages / Week
Average Sales…
arrow_forward
Identify the resources, capabilities and core competencies that would be needed for that business.
Resources: Asset that an organization can use when formulating or implementing a strategy.
- Tangible: people, money, equipment, location, supplies
- Intangible: knowledge, patent, trademark, brand, reputation, training system
Capabilities: An organizational and management skill necessary to orchestrate a diverse set of resources and deploy them strategically. This is an intangible.
Core competencies: A unique strength within an organization that allows it to differentiate its products and services from those of its competitors, creating higher value or lower costs for its customers and itself.
Identify the major costs of the following three ways to start a new business.
Start-up
Business purchase
Franchise
What do you think is best way to start up this business (creating a new business, buying an existing business or franchising a business)? Why?
arrow_forward
Use the SWOT analysis, to evaluate the quality of any Jordanian SMES you know.
arrow_forward
Subject: Strategic management
Q: What is bloom taxonomy, what are the levels of taxonomy, explain with examples?
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub
Related Questions
- SWOT Analysis The following SWOT analysis captures the key strengths and weaknesses within the company, and describes the opportunities and threats facing Bounce Fitness. Strengths are results-oriented approach to attracting and maintaining customers. A well researched, detailed health wellness program with along term focus and Intensively trained staff. Weaknesses are high costs associated with customized, personal service. The inability to work on a high volume business model and Significant costs involved in attracting a large corporate client. Opportunities are the potential to expand within a growing market. A large increase in clients if a single corporate company takes up the Bounce Fitness Program and the ability to leverage future quantitative analysis that supports the contention that long term wellness programs have a significant, positive impact on the company’s bottom line. Threats are a lack of immunity to an economic downturn. Potential competition from larger, well…arrow_forwardQuestionAfter the analysis of your company Amazon , please write the following sections in report form: 1.Decision making processarrow_forwardExplain and interpret the following data of team 1 and 2. 1. explain two problems of team 1 and 2 each. 2. suuggest one reasonable soution for each team.arrow_forward
- Management Information Systems.arrow_forwardQ1. What are the types of SWOT Analysis that the firm can perform? Explain what this analysis means, and the stages involved in detail? Q2. Write a case study "example" of a firm or company performing SWOT analysis and what are the processes could be performed in each stage of this analysis?arrow_forwardRecommendations on what wells fargo could have done different during the 2016 scandal and recommendations so it doesnt happen againarrow_forward
- Research topic - What is the future of strategic managemnt planning and managemnt personnel in a business environment? A technological and critical approach to future prospects of strategic planning and management in business outsourcing. Based on strategic management. Identify a suitable theory that is related to your research topic. Ensure that you capture the essence of the theory and that you provide a justification for the relevance of the theory to your proposedstudy. Note this is not an essay.arrow_forwardResearch topic- What is the future of strategic managemnt planning and managemnt personnel in a business environment? A technological and critical approach to future prospects of strategic planning and management in business outsourcing. Based on strategic management. Identify a suitable theory that is related to your research topic. Ensure that you capture the essenceof the theory and that you provide a justification for the relevance of the theory to your proposedstudy. Note this is not an essay.arrow_forward2. Describe the strength or weakness in conducting the quantitative study by accomplishing the T-diagram below. 3. Seek advice/suggestions from family members/friends to make quantitative become easy. Please be guided by the table below.arrow_forward
- Subject: principal of Managementarrow_forwardQuestionAfter the analysis of your company Apple Inc , please write the following sections in report form: 1. Decision making processarrow_forwardEthical dilemma problem 1: Joni is a financial planner for ABC firm. She provided all of her clients with the same products. She felt this was OK since she had thoroughly researched them years ago and found them to be excellent. By concentrating her recommendations with a few firms, she was able to receive commission bonuses. She never discussed their goals and characteristics with her clients unless they brought them up. Explain her violations of SEC and CFP regulations. Indicate what should be done.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub