What Makes A Business Run? Essay

* Greatly loyalty - Employees are more likely to "go the extra mile" of they feel their employer helps them with their concerns. This results in increased motivation, productivity and low staff turnover. *

Employees are the most important asset of an organization and organization has the responsibility to keep happy, motivated and satisfied so that their interest does not diminish in work. Moreover, when employees are kept happy and satisfied then their productivity rises as they feel that the company has given them the importance.

Through this case study I will be discussing strategic management. Strategic management can be defined as a process where an organization attempts to determine what actions need to be taken to achieve the overall objectives and more importantly how to meet them (Mello, 2015, p. 114). For a company to strive and meet their goals, deadlines, and missions they must stay conscious of the strategic plan put in place for the success of the company. If the company does not have a good strategic plan the company could fail. With correct planning a company could succeed without fail. Something that needs to be taken into consideration in the strategic plan should be investing into the company’s human assets. At first it may look like it is causing the company more issues however in the long run it will strengthen the company and moral making a more successful company. This could help with customer relations, and the organization status which will help produce additional revenue for the company.

Business environment is facing a rapid change that reminds the business management to focus on its core competencies to survive and sustain in the competitive environment. The core competencies can be developed by strategic human resource management. According to Armstrong (2006) employees are the valued assets for a company. The strategic human resource management is mainly developed in accordance to the fact that human resources need to be managed strategically for the company to enjoy sustainable competitive advantage.

Performance management relates to an organization’s ability to implement a system to evaluate and advance employee performance. Achieving peak performance requires consistency, clear objectives, and constructive employee evaluation. According to Mithas, Ramasubbu, & Sambamurthy (2011), an organization must design the performance management system based on extensive research about the organization’s mission, and then properly communicate the purpose of the system to employees, stakeholders, and decision makers. After the performing the research, the information should be used to establish the appropriate performance management specialized for the organization. In addition, an effective performance management system should align

Morale: With employees, more engaged in their work and more pleased with the corporate culture, their morale will naturally be higher. This leads to less time and productivity lost to illness, tardiness, or extended breaks and lunches.

Bringing the right people into your company can help improvement in the working environment. Good energy in a workplace can change the other way people act and change the way things get done. Having responsible employee means they are focused on what they need to get done and the job gets done right. To get the job done right the employee needs to hire the right people to do it and the only way to figure that out is doing a check. A misbehaved employee can ruin the company's reputation.Good customer service is always key. When people do there job correct and stay on task it makes everyone else's job easier. Working with engaged and positive people can change other workers to be the same. Although some people act positive that doesn't always mean they stay positive. Having engaged and positive people will improve the working environment. Being around negative people can also make other individuals negative.Your life and job should bring individuals joy not bad energy. “Sometimes people repeat negative sentiments over and over because they don’t feel like you've listened to

Performance management is a tool that managers use to ensure that their companies remain at the top of their competitive edge. The Chartered Institute for Personnel Development (CIPD, 2008), defines performance management as a method by which individuals and teams are managed in a way that achieves high performance at an organisational level. The individuals within the organisation share an understanding of the achievement goals of the organisation. In order to achieve this, a general strategy is created, with each individual within the organisation understanding his or her role and requirements within such a strategy

In conclusion, the best performance system is only as good as the people who carry out the task, track the task and those individuals that hold others accountable for the overall success of the company. So to have high performance in every task and each company, it all falls back on leadership. Leadership has nothing to do with titles, seniority, or one’s positon within the company. It involves everyone!

Human Resources often begins as very tactical policies, records, compliance, discipline, compensation, benefits, job descriptions, hiring, performance management (). Taken to the next level, HR becomes strategic, connecting employees to the business mission, values, and vision, in order to drive business results (). Employee goals and metrics align to the business strategy and rewards tie into results. Additionally, careful consideration is given to developing talent pipelines, employee succession plans, and career planning in order to respond flexibly to the inevitable work flow and staffing changes that all businesses experience ().

The principles of a high performing organization relates to achieving outstanding results by clarifying its strategy, aligning processes and systems to that strategy, and by making each person, manager, and department a contributing partner in the business. Management has an important role in this continuous process of improving performance by setting clear expectations with employees, defining distinct and measurable goals and deadlines, facilitating and evaluating employees’ work and providing clear feedbacks for improvements and encouraging performance by rewarding a well done job and demonstration of desired attitude and behavior fairly and timely. According to "COD - The High Performance Philosophy" (2012), “Companies that redesign their workplace using high performance philosophy consistently outperform more traditional companies and showed an average productivity improvement of 37%” (para 1).

The employee should be comfortable in the working environment well and everyone should have a warm and open mindedness about themselves. One aspect of being in human

Once people can mesh well into a great high-performance team, they will fit right into the business world. As today's extremely competitive and ever changing, business world is not meant for the slow growing or for the unprepared. It is now the goal of every organization to create a high performance organization. The high performance business is the one that can create a balance between performance, quality, customer relations and profitability. High performance organizations need high performance team savvy employees. Why is this? It is because; high

business strategy because, in order for employees to want to work for a specific employer, employees must feel they are making a difference in his/her position. Employees must also feel that the organization is meeting some of their important needs. Employees place value in job satisfaction for example, employee earnings and benefits. ‘A job is the primary source of income and financial security for most

A company’s human and intellectual capital is one of its most valuable assets. Good workplace conditions and relations can help a company to attract, keep and develop human capital, keeping operations and staff morale high. Employees are more likely to be motivated, committed