MBA 530 GROW Model Karen Boyd
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MBA 530 GROW Model Template
Name: Karen Boyd
Date: 09/25/2023
10/19/2023
Identified Trends
1.
Company & Strategy: “My company cares about its employees.” It has had a drop of 15% over the last four years. As employees feel less cared for by their employers, their morale decreases and there is an increase in turnover. 2.
Job Satisfaction: “My supervisor shows appreciation for the work that I do.” Between the current year and four years ago, there is a drop of 17%. “
Studies have shown
that when employees are more satisfied with their organization, they are more productive and less likely to leave and that recognizing and empowering employees can increase motivation and improve performance
across the organization
.” (O’Flaherty et al., 2021)
3.
Working Conditions: “Provides leadership who act in just and ethical ways.” Employees want to work for ethical companies and expect their leaders to be ethical. In the last four years, there has been an 18% drop in how employees feel about their leader's ethical ways. If employees do not think that their leaders are being ethical, it dramatically impacts how they feel about their job satisfaction, the company, and strategy. Employee Survey Results Data
Focus Areas
1.
Within the company strategy, the survey indicates that the company does not care for its employees and that the leaders are not aligning their behavior with the mission and vision of the company. This creates a waterfall effect that is evident in the survey results.
2.
Job satisfaction is down due to the lack of leadership sharing the company's goals. People want to know they are appreciated for all their hard work and time spent at work. Though the employee is getting compensation for the work that they are doing, they still need to know that they are appreciated for their work and time.
3.
Ethical behavior is the most critical aspect of any company. “
Business ethics help ensure a good reputation for your company. Not only does it feel good to be part of a company with a great reputation, but it is great for business.” (Charter College, 2020)
Reality—Current State
1.
The constant decrease in the lack of caring for their employees will keep the turnover rate at an all-time high. 2.
Losing employees who have been with the company for years means losing years of knowledge and experience. When younger managers come into the business and do not
show appreciation for the long-term employees, it sets the manager and others up for failure. The more employees feel underappreciated, the more they will leave and take customers with them. 3.
The company's current state, with a decrease in how employees have rated this question in the survey, shows that this situation has not been addressed within the four years of the study and is decreasing at an alarming rate. Desired Future State—Where Would You Like to Be?
1.
The company needs to show that it cares for its employees. To find out what is lacking in
the level of care for their employees, survey to find out what the needs are and what is truly making the employees feel this way. With this information, the company can try to fix the issues causing the percentage to drop. Invest within our people.
2.
Praise is simple, and “Thank you” can go so far with people. According to Stanleigh (2010), as
a leader, it is essential to give appreciation because it enhances self-esteem for both the giver and receiver and creates a human connection. As a company, having employees who feel appreciated and respected is crucial to the company's success. 3.
Those in leadership positions must commit to the company's mission statement and a higher standard of ethics. Having an ethics committee with leaders and employees ensures that everyone is part of the process and feels that they are being heard.
Identified Gaps—Obstacles
1.
The lack of care for our employees could be due to a cultural difference between management and their team. Management is pressured by upper management to get the job done quickly and cost-effectively, thus resulting in the feeling that the company
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Related Questions
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
Here is a summary of the hard evidence about employee retention. Use the facts it contains to answer the question that follows.
▼ RESEARCH STUDY
Employee retention is a popular topic for both managers and researchers. Here are some facts about employee turnover:
• Employees who get realistic information about the job (both positives and negatives) stay with the company longer than those who
don't.
• Employees who are offered training and development opportunities are less likely to leave than employees who do not receive these
opportunities.
• Giving employees a say in how they do their work (autonomy) increases their satisfaction with the job.
• Employees with abusive supervisors have a greater intention to quit than employees without abusive supervisors.
Following are several actions managers commonly take when confronted with turnover. Which of these actions are not supported by evidence? Check
all that apply.
Separate employees so that they don't talk about the people who have left…
arrow_forward
answer quickly
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Course Title: Introduction to Human Resource Management
Please Correct the Answer and Long Question/Answer
Question :
Devising the company’s overall strategic plan is top management’s responsibility. However, few top executives formulate strategic plans without lower-level managers’ input. In view of the current business competitive pressures do you think this strategy will work, give your arguments? Also explain why strategic planning is important to all managers. and briefly describe the steps of strategic planning process.
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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
Isiness
Temp-lo-Hire
Companies are continually challenged to maintain an effective work force while controlling cost. Payroll expenses
typically account for 30 to 50 percent of company expenses with some companies spending much more. Human
resources managers are challenged to find ways to hire qualified, productive personnel while keeping costs down.
In difficult economic times, the challenge is even greater. Companies must be cautious about hiring new employees
when sales and profits are declining. On the other hand, the company must function in the present and be prepared
when the economy improves.
Today, human resources managers often use hiring practices to help create a flexible work force. Hiring temporary
employees is a way to meet urgent, short-term needs. Temps are hired for a limited time, a specific project, or when a
company does not want to risk committing to a new permanent employee. Another approach, known as temp-to-hire,
adds the possibility of full-time employment for…
arrow_forward
10-
Which is the option that means effectiveness as proposed by Peter F. Drucker?
a.
Ability to set the right goals
b.
Ability to choose the goals
c.
Ability to do the things right
d.
Ability to do the right things
arrow_forward
“Carter Cleaning Company”
The Career Planning Program
Career planning has always been a pretty low-priority item for Carter Cleaning, since "just getting workers to come to work and then keeping them honest is enough of a problem," as Jack likes to say. Yet Jennifer thought it might not be a bad idea to give some thought to what a career planning program might involve for Carter. Many of their employees had been with them for years in dead end jobs, and she frankly felt a little badly for them: "Perhaps we could help them gain a better perspective on what they want to do," she thought. And she definitely believed that the store management group needed better career direction if Carter Cleaning was to develop and grow.
Question:
1. Outline and describe the career development program you would propose for the cleaners, pressers, counter people, and managers at the Carter Cleaning Centers.
arrow_forward
Please identify it its strength weaknesses opportunity or threats
arrow_forward
7.
is consider strength In SWOT analysis.
favorable factors
trends
in the external environment
trends that may present
challenges to
performance
internal resources
arrow_forward
FACTS:
N Bank, with nearly 150 branches (from Napa Valley, California, to
Seattle, Washington) and 8.3 billion in assets, is committed to creating and
maintaining a corporate culture that provides excellent customer service. A
key component of the bank’s overall retail strategy is its “universal
associate” program (that is what N Bank calls its employees).
At N Bank, each universal associate is trained to perform every banking
task. A teller can take a loan application, and a mortgage officer is able to
assist a customer in opening a safe-deposit box. A significant side benefit
of this culture is that N's employee turnover is one-half the industry
average. Another benefit is that employee boredom is reduced by
performing multiple tasks daily. An employee’s workday varies based on
which departments are slow and/or busy. In contrast, at a typical bank,
employees specialize in certain tasks; thus, employees often have an “it’s
not my job” mentality.
N Bank’s employees are empowered to…
arrow_forward
Apply SHRM theories/concept to analyze the strategic business partnership role of people managers in the talent management in ensuring a long-term sustained human capital performance.
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Mr. Ali is a fresh graduate and he is employed at ABC Company. He is a fresh graduate and it’s his first professional job. The job pays him pretty well but he is still unhappy with job.
Develop an account of the current thinking about the relationship between job performance and job satisfaction. Examine what could be the possible reasons behind Mr. Ali being unhappy with his job?
If Ali’s supervisor believes that ‘happy employees are productive employees’, what kind of problems might he encounter? Be sure to emphasize the role of rewards in your answer.
arrow_forward
The balanced scorecard complimented conventional financial metrics with the basis that evaluated performance from three added viewpoints:-
1. Internal business processes
2. Customers
3. Learning and growth
Discuss the 1,2 and 3 briefly.
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Why the performance appraisal methods are important? Please explain the advantages and disadvantages of the Graphic Rating Scale, Management by Objectives (MBO), and Behaviorally Anchored Rating Scale (BARS).
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SWOT, Strengths, Weaknesses, Opportunities, Threats.
1. Produce a new business idea.
2. Conduct a SWOT analysis for the new business idea developed
3. Identify a minimum of 5 items for each component in the SWOT analysis.
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2. Employee involvement interventions can improve productivity through:
a. improved motivation
b. increased communication
c. improved capabilities such as decision-making
d. all of the above
e. b and c only
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Which among the following is one of the advantages of the McKinsey 7S model
1 It is considered a long-term modelWith the changing nature of businesses, it remains to be seen how the model will adapt.
2 It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization.
3 It is considered a longstanding theory, with numerous organizations adopting the model over time.
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The best talent can be recruited by officer development program (ODP). Further, the talent should also be maintained to produce company productivity.
c. Explain the advantage and disadvantage to appraise the ODP talent by implementing management by objective (MBO) method.
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5. Online employment services make it easy to change jobs; therefore, turnover rates may increase.
This could result in total higher costs for employers because of increased costs for recruiting and
training new employees, and the need to pay higher salaries and wages to attract or keep existing
employees. Discuss on actions can companies do to minimize this problem.
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Explains it correctly
Q)In 2021, businesses achieved the highest quarterly profit rates they've had in about 70 years. This indicates that:
Group of answer choices
A: Capitalists are driving up inflation by increasing prices more than their costs are increasing.
B: The high unemployment rates seen during the COVID pandemic have increased inflation.
C: The economy is experiencing a wage-price spiral.
D: Increased workers' bargaining power is driving up inflation.
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Investigate how Mondelez would have used the SWOT analysis to implement the humaning strategy.
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The aim behind a balanced scorecard is to provide a comprehensive framework for translating acompany’s strategic objectives into a coherent set of performance measures. It allows managers tolook at the business from four (4) different perspectives.RequiredState and briefly explain the four different perspectives of the balance score card
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2.2: Incentive
a. What is an incentive strategy
b. what are 3 advantages of the incetive strategy in business?
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Related Questions
- 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_forwardHere is a summary of the hard evidence about employee retention. Use the facts it contains to answer the question that follows. ▼ RESEARCH STUDY Employee retention is a popular topic for both managers and researchers. Here are some facts about employee turnover: • Employees who get realistic information about the job (both positives and negatives) stay with the company longer than those who don't. • Employees who are offered training and development opportunities are less likely to leave than employees who do not receive these opportunities. • Giving employees a say in how they do their work (autonomy) increases their satisfaction with the job. • Employees with abusive supervisors have a greater intention to quit than employees without abusive supervisors. Following are several actions managers commonly take when confronted with turnover. Which of these actions are not supported by evidence? Check all that apply. Separate employees so that they don't talk about the people who have left…arrow_forwardanswer quicklyarrow_forward
- Course Title: Introduction to Human Resource Management Please Correct the Answer and Long Question/Answer Question : Devising the company’s overall strategic plan is top management’s responsibility. However, few top executives formulate strategic plans without lower-level managers’ input. In view of the current business competitive pressures do you think this strategy will work, give your arguments? Also explain why strategic planning is important to all managers. and briefly describe the steps of strategic planning process.arrow_forwardSWOT 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_forwardIsiness Temp-lo-Hire Companies are continually challenged to maintain an effective work force while controlling cost. Payroll expenses typically account for 30 to 50 percent of company expenses with some companies spending much more. Human resources managers are challenged to find ways to hire qualified, productive personnel while keeping costs down. In difficult economic times, the challenge is even greater. Companies must be cautious about hiring new employees when sales and profits are declining. On the other hand, the company must function in the present and be prepared when the economy improves. Today, human resources managers often use hiring practices to help create a flexible work force. Hiring temporary employees is a way to meet urgent, short-term needs. Temps are hired for a limited time, a specific project, or when a company does not want to risk committing to a new permanent employee. Another approach, known as temp-to-hire, adds the possibility of full-time employment for…arrow_forward
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SEE MORE QUESTIONS
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Recommended textbooks for you
- Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub
Management, Loose-Leaf Version
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ISBN:9781305969308
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Publisher:South-Western College Pub