How I Added Value -Term Paper On the business front, this is the question every company would ask themselves before hiring people or deciding to hire people as an employee, “how can she/he add value to the organization?” The value added is the real contribution we make to the company’s business. It can be some key roles or activities, such as saved money, brought more customers, increased sales, or optimized business process. In return, by making contributions to the company, the employee get salary raises, promotions, and job security. This is a win-win solution, and is the company most want to retain. In this paper, I will list five topics that I think are very important in adding value and give some examples that happened during my …show more content…
From my perspective, generally speaking, fit in the team means make everyone comfortable. First impressions do matter, so before the first day of work I found out the dress code and dressed appropriately when I arrived. During the first day tour in company, I got to know where the restrooms are, any kitchen area I can get a cup of coffee, and where I can find printer/photocopier to help do my job. Getting my bearings can prevent me from interrupting people to ask these questions. Also, it’s important to leverage the ambition when work with other people. I am the new person in the team. Even though I have been hired because of my skills and personality, I should be very careful when work with others until I have a deeper understanding of how they communicate with each other. Improve productivity and being initiative As an employee, we are an investment. Company pays us a salary and they expect a return. The more return we bring them, the more they would like to continue investing. As an intern, I am not the one to make decision or bring in millions of business, but I do want to get more done and have a sense of accomplishment. So I require myself to improve productivity and being initiative during the limited internship period. The first project I got was to update US region multi-function printers forecast data and write the forecast report after data analysis. Thanks to the previous internship
Employees are the most important, and often, most costly asset within any organisation. Ensuring they are fully engaged and committed to the success of the business is crucial. Listed below are the activities needed to reinforce the connection employees have with their company, job and colleagues, leading to a more satisfied and motivated workforce.
As to the introduction and value assurance strategy, we notice that the company’s financial and human resources are limited. Here build up strategies from following aspects.
- More opportunity for employees to make a difference and provide conducive ideas and input.
Give employees the level of energy, commitment, and creativity that they can add to jobs.
The internship will help me achieve this goal when my supervisor demonstrates several make versus buy decisions with the purpose of me gaining the knowledge about how John Deere selects its suppliers. After gaining the initial knowledge of important supplier criteria, my internship lets me participate in resourcing activities.
During this internship, I have obtained transferable skills, and experiences that will make me more competitive in the marketing field. One of the skills that I have been able to acquire is organizing my ideas in a more clear vision. So that others can also envision my ideas with me. This skill was obtained when I was given the opportunity to create a
The case study “Equity of Demand: The NETFLIX Approach to Compensation” includes information regarding the company, named Netflix. The case study provides useful information regarding the organizational culture of Netflix. The case is usually associated with the practices of Human Resource Management. It shows how organizations like Netflix can come up with different strategies in order better keep the employees motivated and directed towards goal achieving behavior. It is extremely important for organizations running around the globe to find ways of keeping employees motivated and satisfied in order to increase employees’ productivity. Employees can be seen as backbone for any type of organization running around the globe. It is because the productivity of employees is directly related with the productivity of an organization. The better the employees perform the better the organization would be in terms of customer satisfaction, brand awareness, customer loyalty, profitability and so on so forth. Normally, organizations have different compensation plans to pay the employees for their efforts they make. For instance; some organizations would use money as a source of motivating employees. Such organizations will pay high amount
3.2 Evaluate the business benefits likely to accrue from a culture of employee engagement – benefits for the organization, its executives/managers, its workforce and its customers
Reward and recognition programs must connect the needs and expectations of the workforce with the company’s overall goals and strategies. A program that reinforces important company values and goals will encourage employees to act in line with such goals and emphasize the importance of achieving these goals. Alternatively, rewards which do not connect with organizational goals may convey a misleading message and encourage employees to act in a manner that does not facilitate the
• Measure and manage the “soft” skills as well as the hard skills. In addition to rewarding output, profit, and sales etc., provide recognition and reward for ‘how’ the work gets done, the people skills that contribute to a better climate and greater satisfaction.
As cited in Zhou, Zhang & Montoro-Sa ́nchez (2011) reward management is a key function in HRM systems in modern enterprises, playing an important role in attracting, retaining and motivating employees (Milkovich and Newman, 2004). Furthermore, Schuler and Jackson (as cited in Esteves & Caetano, 2010) state that the focal point of success of companies today is centered on the effective use of human resources.
An individual’s effectiveness in the workplace often depends on his/her personality, attitudes and values, along with his/her motivation to succeed. Concurrently, the perception, attitudes and values of colleagues in the workplace play a role in determining the individual’s effectiveness. Understanding these characteristics of employees can be very crucial for organizations to operate successfully. At the same time, it is essential that employees understand the values associated with the organization in order to avoid any conflicting feelings toward the work they are employed to do. By recognizing and appreciating each other’s characteristics and constraints, employees and the organizations they are part of, form a highly-beneficial
The second project we were assigned that year and that I enjoyed was to research two authors from the 1800s or so, in collaboration with a partner that we got assigned to. For the first author we had the option to either create a power point presentation or create our own website about that particular author. My partner and I choose to build our
A great opportunity lay in employee recognition. Employee recognition will be nonfinancial benefits offered to employee. This non-financial benefit allows management to proper recognize and foster employee loyalty as well reinforce positive work behavior and encourage for repeat performance in all areas of the job (Henderson, 2006). Another non-financial benefit for employee is training. Training will allow employee gain additional knowledge and expertise and to be up to date with new technology open opportunity to advance in their career. These non-financial benefits allow management to make sure employees are value. Including employee in department meetings and allowing employee to have a say so in decision making demonstrates respect for employee and it allow the
Employees are encouraged to share with each other on the lessons learned from project and events through debriefing sessions.Company also reward employees through several different variable-pay programs. Employees have these stock as part of their benefit. This helps to retain employees and motivate employees to work harder. Moreover, company also provides educational forums so that staff can discuss and learn about different topics that interest them.