The board of directors has asked that you provide a 750-word report detailing your strategies and recommendations to overcome the workforce shortages and to improve employee morale. The strategies and recommendations should be as specific as possible and include the resources needed for implementation. Your primary text and journal/website research must be used as a reference to support your analysis.
How has Aurora Textile performed over the past four years? Be prepared to provide financial ratios that present a clear picture of Aurora’s financial condition.
rted in 1973, the Australian descendant that started the company made many advancements and lead the company to boom on the market. However, as the brand grew and became more noticed the brand was bought out by Acushnet Company. This buyout brought Cobra into the same company as Titleist, Pinnacle, and Footjoy. This purchase hindered the brand’s staple of being at the edge of golf clubs. Acushnet relegated Cobra golf to the lower end of golf and allowed Titleist to maintain its high end market. This proved bad for the company, Cobra failed to meet the standards that Acushnet wanted and it even hurt some of Titleist performance in the market. This lead to Acushnet selling the brand to Puma. This was a very good purchase by the Puma company.
Encourage everyone to attend meetings. In this meeting employees must take interest and discuss about problems currently facing in organization related to their work. Provide training related to work Training means providing the method to do work in an organization. Training is an important element of human resource management. Training must be provided to reduce job stress. When people know how to do work and through which means, then They feel a great sense of accomplishment and organization progress more. Give proper compensation and avoid Unfair evaluation Compensation is something through which employees feel a part of organization. Compensation means providing in return something to employees for their efforts that they put in to organization for the development and progress of the organization. Unfair evaluation is a different concept. If evaluation is done on the basis of favoritism. Then employees whose performance and work is not appreciated by the supervisor, their peers and also from organization side. Then employees get frustrated. On the other side the employee who is doing the same work and also gain the same output as the first employee. Then Employee’s intention is to quit the job. Get opinion from employees Giving the respect to employees is the phenomenon that helps employees to engage them in their work. And there is less chance of
Employees are an important part of any organization and organizations need to treat them as thus. In the 21st Century, as a result of changes in the labor markets, organizations are more responsive to worker conditions and this might have resulted in the
According to my analysis, the problems are distrust between the managers and employees and unfairness of rewards between the employees and supervisors. In order to keep productivity and profitability of the plant, it should resolve the issues urgently before the situation deteriorated further. I recommend the option two is better for Bent to deal with these problems for the plant. Firstly, communication is the most important factor that affects the relationship between managers and employees. If the managers could listen advices of the work in time from their employees, it not only will be more easier to handle the existing problem in the company, but also will improve the relationship between managers and employees because the staff feel the company takes, to respect and to trust them, feel oneself is in enterprise's one, and they can have the confidence and the sense of responsibility for the development of their company. Secondly, it is to give the appreciation by managers to employees frequently that will improve the employee morale because they will feel more attached to their company. As the result of this, employees will devote to their work without any complaint. Consequently, because of the improvement of relationship and employee morale, the efficiency and productivity of company will improve with the efforts of all staff and give them corresponding reward. Although the first option is probably to resolve the crisis
LBS Textiles is a firm that designs fabrics for wholesale markets in North-East America. The company has experienced a modest growth over the last three years.
Then I will offer my assistance to solve the problem. Based on the root of the problem, which can be due either to internal or external factors. I will implement the right way to solve their problem. If I found that their poor performance related to some specific manner. I will attempt to persuade them to change it positively by implementing Tell-and-listen interview. If I found that the problem is not relate to employees’ manner. I will implement different approach, which is the problem solving interview. Conducting this approach will let both of us to share our feelings towards each other to pass the current situation. I will listen to their needs, matters, and on the job satisfaction and dissatisfaction. By diagnosing the problem, I will either try to motivate them or assign them for an extra training classes that can shape their skills if they show some luckiness on their ability to work. Of course, all my steps will base on my employees’
On Monday, August 10, 2015, I responsed to 3500 N. Roxboro Road, Burlington Coat Factory on a follow up to a break-in report. Unpon arrival, I was met by Mr. Jeff Settle, the district lost prevention manager. Mr. Settle advised that while cleaning up the office he notice bloody finger prints on the wall above the drop ceiling. I observed redish marks above the drop ceiling in addition to a hole in the roof. A check of the roof reveals several differents types foot prints. Forensics five was notified and responded for evidence collection. Forensic five did obtained prints from the scene.
American Apparel, is an American multi-national clothing manufacturer, distributor and retailer since 1988based in Los Angeles, California. Dov Charney, a Canadian business man was a founder and former CEO of the company. He was involved in nearly every part of the business process from design and manufacturing to marketing. The Ernst & Young named Charney Entrepreneur of the Year in 2004. He was also termed "Man of the Year" by various fashion
In January 2003, Michael Pogonowski, the chief financial officer of Aurora Textile Company, was questioning whether the company should install a new ring-spinning machine, the Zinser 351, in the Hunter production facility. This new machine has ability to produce a finer-quality yarn that would be used for higher-quality and higher-margin products. In deciding whether or not to invest this new machine, NPV and the payback period are critical factors. Firstly, we need to forecast the cash flows that the Zinser 351 will generate in the future. After calculation, the ten-year NPV will be $3, 172,582. Secondly, we use the payback period to analyze the acceptance of this project. Based on this analysis,
This work is an introduction to the fashion industry of Pakistan which has made quite a lot of progress in just a few years. Ten to fifteen years from now, this industry was still unknown to actually exist to the masses. Later with the formation of fashion councils and education centers under the enthusiastic few who wanted to make a difference and promulgate this very institution of fashion, did the very fashion industry took its concrete contour from the old tailor culture that formerly existed. Today it is one of the most progressing industries in the country.
I decided to choose ABYAT Furniture Company for my Assignment . In this paper, I am going to talk about ABYAT's history, structure and what services that they provide. Moreover, I am going to talk about achieving the six strategic, In addition, I am going to know about the threats type in ABYAT Company, also I will mention how supporting these levels through information Systems, how managers can affect build and use information systems the success of their company and how achieve operational excellence in terms of customer relationship management.
Sales for the Executive Shirt Company are constituted of only a few basic styles and colours. Hence the company has a limited number of varieties to produce. So, it has large batches of each kind of shirt (size and color).
In this paper we will discuss the Shui Fabrics Case Study and its implications on managing in a global environment. The research of case studies gives us the opportunity to understand and apply the lessons we have learned in the course.